Economy - overview:
Bulgaria, a former Communist country that entered the EU on 1 January 2007, averaged more than 6% growth from 2004 to 2008, driven by significant amounts of foreign direct investment and consumption. Successive governments have demonstrated a commitment to economic reforms and responsible fiscal planning, but the global downturn sharply reduced domestic demand, exports, capital inflows, and industrial production. GDP contracted by approximately 5% in 2009, and stagnated in 2010, despite a significant recovery in exports. The economy is expected to grow modestly in 2011, however. Corruption in the public administration, a weak judiciary, and the presence of organized crime remain significant challenges.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Investment (gross fixed): Budget: Public debt: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Oil - proved reserves: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
NOTE: The information regarding Bulgaria on this page is re-published from the 2011 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Bulgaria Economy 2011 information contained here. All suggestions for corrections of any errors about Bulgaria Economy 2011 should be addressed to the CIA.
$91.83 billion (2010 est.)
country comparison to the world: 72
note:
data are in 2010 US dollars
[see also: GDP (purchasing power parity) country ranks ]
$44.84 billion (2009 est.)
[see also: GDP (official exchange rate) country ranks ]
0% (2010 est.)
country comparison to the world: 191
[see also: GDP - real growth rate country ranks ]
$12,800 (2010 est.)
country comparison to the world: 90
note:
data are in 2010 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 7.5%
[see also: GDP - composition by sector - agriculture country ranks ]
industry:
27.6%
[see also: GDP - composition by sector - industry country ranks ]
services:
64.9% (2009 est.)
[see also: GDP - composition by sector - services country ranks ]
2.61 million (2009 est.)
country comparison to the world: 108
[see also: Labor force country ranks ]
agriculture: 7.5%
[see also: GDP - composition by sector - agriculture country ranks ]
industry:
36.4%
[see also: Labor force - by occupation - industry country ranks ]
services:
56.1% (2008 est.)
[see also: Labor force - by occupation - services country ranks ]
9.5% (2010 est.)
country comparison to the world: 103
[see also: Unemployment rate country ranks ]
14% (2008)
[see also: Population below poverty line country ranks ]
lowest 10%: 2.9%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
24.1% (2008)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
29.8 (2008)
country comparison to the world: 114
[see also: Distribution of family income - Gini index country ranks ]
22.8% of GDP (2009 est.)
country comparison to the world: 57
[see also: Investment (gross fixed) country ranks ]
revenues: $15.71 billion
[see also: Budget - revenues country ranks ]
expenditures:
$17.52 billion (2009 est.)
[see also: Budget - expenditures country ranks ]
16.2% of GDP (2010 est.)
country comparison to the world: 115
[see also: Public debt country ranks ]
2.1% (2010 est.)
country comparison to the world: 57
[see also: Inflation rate (consumer prices) country ranks ]
0.55% (31 December 2009)
country comparison to the world: 78
[see also: Central bank discount rate country ranks ]
11.34% (31 December 2009 est.)
country comparison to the world: 84
[see also: Commercial bank prime lending rate country ranks ]
$12.7 billion (31 December 2010 est)
[see also: Stock of narrow money country ranks ]
$35.37 billion (31 December 2010 est.)
[see also: Stock of broad money country ranks ]
$34.54 billion (31 December 2010 est.)
country comparison to the world: 67
[see also: Stock of domestic credit country ranks ]
$7.103 billion (31 December 2009)
country comparison to the world: 70
[see also: Market value of publicly traded shares country ranks ]
vegetables, fruits, tobacco, wine, wheat, barley, sunflowers, sugar beets; livestock
electricity, gas, water; food, beverages, tobacco; machinery and equipment, base metals, chemical products, coke, refined petroleum, nuclear fuel
0.4% (2009 est.)
country comparison to the world: 153
[see also: Industrial production growth rate country ranks ]
44.83 billion kWh (2008)
country comparison to the world: 51
[see also: Electricity - production country ranks ]
29.9 billion kWh (2008)
country comparison to the world: 59
[see also: Electricity - consumption country ranks ]
5.407 billion kWh (2008)
[see also: Electricity - exports country ranks ]
3.097 billion kWh (2008 est.)
[see also: Electricity - imports country ranks ]
3,227 bbl/day (2009 est.)
country comparison to the world: 101
[see also: Oil - production country ranks ]
125,000 bbl/day (2009 est.)
country comparison to the world: 71
[see also: Oil - consumption country ranks ]
76,570 bbl/day (2007 est.)
country comparison to the world: 71
[see also: Oil - exports country ranks ]
189,000 bbl/day (2007 est.)
country comparison to the world: 49
[see also: Oil - imports country ranks ]
15 million bbl (1 January 2010 est.)
country comparison to the world: 84
[see also: Oil - proved reserves country ranks ]
218 million cu m (2008)
country comparison to the world: 74
[see also: Natural gas - production country ranks ]
3.35 billion cu m (2008)
country comparison to the world: 70
[see also: Natural gas - consumption country ranks ]
0 cu m (2008)
country comparison to the world: 199
[see also: Natural gas - exports country ranks ]
3.48 billion cu m (2008)
country comparison to the world: 38
[see also: Natural gas - imports country ranks ]
5.663 billion cu m (1 January 2010 est.)
country comparison to the world: 88
[see also: Natural gas - proved reserves country ranks ]
-$1.528 billion (2010 est.)
country comparison to the world: 153
[see also: Current account balance country ranks ]
$19.33 billion (2010 est.)
country comparison to the world: 69
[see also: Exports country ranks ]
clothing, footwear, iron and steel, machinery and equipment, fuels
Germany 11.21%, Greece 9.43%, Italy 9.24%, Romania 8.52%, Turkey 7.33%, Belgium 5.61%, France 4.44% (2009)
$22.78 billion (2010 est.)
country comparison to the world: 67
[see also: Imports country ranks ]
machinery and equipment; metals and ores; chemicals and plastics; fuels, minerals, and raw materials
Russia 13.14%, Germany 12.23%, Italy 7.78%, Greece 6.17%, Romania 5.65%, Turkey 5.48%, Ukraine 4.81%, Austria 4.08% (2009)
$15.07 billion (31 December 2010 est.)
country comparison to the world: 47
[see also: Reserves of foreign exchange and gold country ranks ]
$36.15 billion (31 December 2010 est.)
country comparison to the world: 60
[see also: Debt - external country ranks ]
$51.28 billion (31 December 2010 est.)
country comparison to the world: 54
[see also: Stock of direct foreign investment - at home country ranks ]
$1.372 billion (31 December 2010 est.)
country comparison to the world: 70
[see also: Stock of direct foreign investment - abroad country ranks ]
leva (BGN) per US dollar - 1.5138 (2010), 1.404 (2009), 1.3171 (2008), 1.4366 (2007), 1.5576 (2006)
This page was last modified 09-Feb-11