Economy of Bulgaria. Statistics, Data and Indicators
Bulgaria
| 53BBB- | Credit rank #56 |
| 129.69 | Quality of life #42 |
| 72 | Corruption rank#68 |
| 61 | Ease of doing business#59 |
Bulgaria Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 84.06 USD Billion | 2021 |
| GDP Annual Growth Rate | 2.31 % | 4Q/22 |
| GDP Growth Rate | 0.6 % | 4Q/22 |
| GDP per capita | 8634 USD | 2021 |
| Inflation Rate YoY | 16 % | Feb/23 |
| Interest Rate | 1.82 % | Feb/23 |
| Unemployment Rate | 5.5 % | Feb/23 |
| Wages | 1947 BGN/Month | 1085.768 USD/Month | Dec/22 |
| Balance of Trade | -490 BGN Million | -0.273 B USD | Jan/23 |
| Current Account | 326 EUR Million | 0.356 B USD | Jan/23 |
| Foreign Exchange Reserves | 71257 BGN Million | 39.737 B USD | Feb/23 |
| Government Debt | 40026 EUR Million | 43.656 B USD | Jan/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 84.06 USD Billion | 2021 |
| GDP Annual Growth Rate | 2.31 % | 4Q/22 |
| GDP Growth Rate | 0.6 % | 4Q/22 |
| GDP per capita | 8634 USD | 2021 |
| GDP Constant Prices | 30623 BGN Million | 17.077 B USD | 4Q/22 |
| GDP per capita PPP | 24398 USD | 2021 |
| GDP From Agriculture | 1388 BGN Million | 0.774 B USD | 4Q/22 |
| GDP From Construction | 1624 BGN Million | 0.906 B USD | 4Q/22 |
| GDP From Manufacturing | 9006 BGN Million | 5.022 B USD | 4Q/22 |
| GDP From Public Administration | 6352 BGN Million | 3.542 B USD | 4Q/22 |
| GDP From Services | 10676 BGN Million | 5.954 B USD | 4Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 23 % | Jan/23 |
| Government Budget Value | 214 BGN Million | 0.119 USD Billion | Jan/23 |
| Government Spending | 2895 BGN Million | 1.614 USD Billion | 4Q/22 |
| Government Debt | 40026 EUR Million | 43.656 USD Billion | Jan/23 |
| Government Revenues | 4521 BGN Million | 2.521 USD Billion | Jan/23 |
| Fiscal Expenditure | 4318 BGN Million | 2.408 B USD | Jan/23 |
| Government Budget to GDP | -3.9 % | 2021 |
| Government Spending to GDP | 43.1 % | 2021 |
| Military Expenditure | 1217 USD Million | 1.217 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 9228 index points | Feb/23 |
| Export Prices | 128 index points | 4Q/22 |
| Food Inflation | 23.8 % | Feb/23 |
| Gasoline Prices | 1.42 USD/Liter | Mar/23 |
| Import Prices | 118 index points | 4Q/22 |
| Inflation Rate YoY | 16 % | Feb/23 |
| Producer Prices | 174 index points | Feb/23 |
| Inflation Rate Mom | 0.8 % | Feb/23 |
| Core Consumer Prices | 120 Index Points | Feb/23 |
| Core Inflation Rate | 10.9 % | Feb/23 |
| CPI Housing Utilities | 21410 Index Points | Feb/23 |
| CPI Transportation | 9613 Index Points | Feb/23 |
| Harmonised Consumer Prices | 132 Index Points | Feb/23 |
| Producer Prices Change | 8.9 % | Feb/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.3 % | 2022 |
| Weapons Sales | 18 USD Million | 2022 |
| Balance of Trade | -490 BGN Million | -0.273 USD Billion | Jan/23 |
| Capital Flows | 62.9 EUR Million | 0.069 USD Billion | Jan/23 |
| Current Account | 326 EUR Million | 0.356 USD Billion | Jan/23 |
| Exports | 7689 BGN Million | 4.288 USD Billion | Jan/23 |
| External Debt | 45083 EUR Million | 49.172 USD Billion | Jan/23 |
| Foreign Exchange Reserves | 71257 BGN Million | 39.737 USD Billion | Feb/23 |
| Imports | 8179 BGN Million | 4.561 USD Billion | Jan/23 |
| Tourist Arrivals | 604707 Persons | 0.605 Million Persons | Feb/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 40.84 Tonnes | 4Q/22 |
| Interbank Rate | -0.23 % | Sep/20 |
| Interest Rate | 1.82 % | Feb/23 |
| Loans to Private Sector | 41490144 BGN Thousand | 23.137 USD Billion | Feb/23 |
| Money Supply M0 | 24684 BGN Million | 13.765 USD Billion | Feb/23 |
| Money Supply M1 | 116734 BGN Million | 65.098 USD Billion | Feb/23 |
| Money Supply M2 | 143690 BGN Million | 80.13 USD Billion | Feb/23 |
| Money Supply M3 | 143690 BGN Million | 80.13 USD Billion | Feb/23 |
| Central Bank Balance Sheet | 11331 BGN Million | 6.319 B USD | Feb/23 |
| Deposit Interest Rate | 0.02 % | 2022 |
| Foreign Direct Investment | 148 EUR Million | 0.161 B USD | Jan/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 399 EUR/Month | 435.186 USD/Month | 1Q/23 |
| Retirement Age Men | 64.42 | 2022 |
| Retirement Age Women | 61.83 | 2022 |
| Unemployment Rate | 5.5 % | Feb/23 |
| Wages | 1947 BGN/Month | 1085.768 USD/Month | Dec/22 |
| Youth Unemployment Rate | 8.6 % | Jan/23 |
| Employed Persons | 3197 Thousand Person | 3.197 Million Person | 4Q/22 |
| Employment Change | 0.2 % | 4Q/22 |
| Employment Rate | 54.9 % | 4Q/22 |
| Full Time Employment | 3043 Thousand Person | 4Q/22 |
| Job Vacancies | 17455 | 17.455 K | 4Q/22 |
| Labor Force Participation Rate | 57.1 % | 4Q/22 |
| Living Wage Family | 1080 BGN/Month | 622.852 USD/Month | 2018 |
| Living Wage Individual | 675 BGN/Month | 389.282 USD/Month | 2018 |
| Long Term Unemployment Rate | 2 % | 4Q/22 |
| Part Time Employment | 52 Thousand Persons | 4Q/22 |
| Unemployed Persons | 156 Thousand Persons | 0.156 Million Persons | Feb/23 |
| Wages High Skilled | 1280 BGN/Month | 738.195 USD/Month | 2018 |
| Wages in Manufacturing | 1594 BGN/Month | 888.914 USD/Month | Dec/22 |
| Wages Low Skilled | 600 BGN/Month | 346.029 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 10 % | 2022 |
| Personal Income Tax Rate | 10 % | 2022 |
| Sales Tax Rate | 20 % | 2022 |
| Social Security Rate | 33.4 % | 2022 |
| Social Security Rate For Companies | 19.62 % | 2022 |
| Social Security Rate For Employees | 13.78 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1 BBL/D/1K | Nov/22 |
| Electricity Production | 3969 GWh | Dec/22 |
| Industrial Production | -4.3 % | Jan/23 |
| Mining Production | -18.5 % | Jan/23 |
| Steel Production | 40 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | -3 % | Jan/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 22.5 index points | Mar/23 |
| Corruption Index | 43 index points | 2022 |
| Corruption Rank | 72 place | 2022 |
| Ease of Doing Business | 61 place | 2019 |
| Manufacturing Production | 4 % | Jan/23 |
| Competitiveness Index | 64.9 Index Points | 2019 |
| Competitiveness Rank | 49 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -35 index points | 1Q/23 |
| Retail Sales MoM | 1.8 % | Jan/23 |
| Retail Sales YoY | 5.6 % | Jan/23 |
| Consumer Credit | 33655 BGN Million | 18.768 USD Billion | Feb/23 |
| Consumer Spending | 23983 BGN Million | 13.374 USD Billion | 4Q/22 |
| Households Debt To Income | 32.71 % | 2016 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | -0.4 % | Jan/23 |
