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 | 89.04 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.89 % | 2Q/23 |
| GDP Growth Rate | 0.43 % | 2Q/23 |
| GDP per capita | 9502 USD | 2022 |
| Inflation Rate YoY | 7.7 % | Aug/23 |
| Interest Rate | 3.29 % | Aug/23 |
| Unemployment Rate | 5.3 % | Aug/23 |
| Wages | 1927 BGN/Month | 1045.294 USD/Month | Jun/23 |
| Balance of Trade | -774 BGN Million | -0.42 B USD | Jul/23 |
| Current Account | 637 EUR Million | 0.676 B USD | Jul/23 |
| Foreign Exchange Reserves | 72842 BGN Million | 39.513 B USD | Sep/23 |
| Government Debt | 37250 EUR Million | 39.518 B USD | Aug/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 89.04 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.89 % | 2Q/23 |
| GDP Growth Rate | 0.43 % | 2Q/23 |
| GDP per capita | 9502 USD | 2022 |
| GDP Constant Prices | 25677 BGN Million | 13.928 B USD | 2Q/23 |
| GDP per capita PPP | 26823 USD | 2022 |
| GDP From Agriculture | 1583 BGN Million | 0.859 B USD | 2Q/23 |
| GDP From Construction | 1601 BGN Million | 0.868 B USD | 2Q/23 |
| GDP From Manufacturing | 9631 BGN Million | 5.224 B USD | 2Q/23 |
| GDP From Public Administration | 5777 BGN Million | 3.134 B USD | 2Q/23 |
| GDP From Services | 7594 BGN Million | 4.119 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 20.2 % | Aug/23 |
| Government Budget Value | -660 BGN Million | -0.358 USD Billion | Aug/23 |
| Government Spending | 1956 BGN Million | 1.061 USD Billion | 2Q/23 |
| Government Debt | 37250 EUR Million | 39.518 USD Billion | Aug/23 |
| Government Revenues | 4595 BGN Million | 2.493 USD Billion | Aug/23 |
| Fiscal Expenditure | 5255 BGN Million | 2.851 B USD | Aug/23 |
| Government Budget to GDP | -2.8 % | 2022 |
| Government Spending to GDP | 41.3 % | 2022 |
| Military Expenditure | 1336 USD Million | 1.336 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 9372 index points | Aug/23 |
| Export Prices | 94.8 index points | 2Q/23 |
| Food Inflation | 12.37 % | Aug/23 |
| Gasoline Prices | 1.56 USD/Liter | Sep/23 |
| Import Prices | 94.8 index points | 2Q/23 |
| Inflation Rate YoY | 7.7 % | Aug/23 |
| Producer Prices | 150 index points | Aug/23 |
| Inflation Rate Mom | 0.4 % | Aug/23 |
| Core Consumer Prices | 125 Index Points | Aug/23 |
| Core Inflation Rate | 9.1 % | Aug/23 |
| CPI Housing Utilities | 21328 Index Points | Aug/23 |
| CPI Transportation | 9721 Index Points | Aug/23 |
| Harmonised Consumer Prices | 136 Index Points | Aug/23 |
| Producer Prices Change | -20.4 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.7 % | 2022 |
| Weapons Sales | 18 USD Million | 2022 |
| Balance of Trade | -774 BGN Million | -0.42 USD Billion | Jul/23 |
| Capital Flows | 1301 EUR Million | 1.38 USD Billion | Jul/23 |
| Current Account | 637 EUR Million | 0.676 USD Billion | Jul/23 |
| Exports | 7081 BGN Million | 3.841 USD Billion | Jul/23 |
| External Debt | 43064 EUR Million | 45.686 USD Billion | Jul/23 |
| Foreign Exchange Reserves | 72842 BGN Million | 39.513 USD Billion | Sep/23 |
| Imports | 7855 BGN Million | 4.261 USD Billion | Jul/23 |
| Tourist Arrivals | 2077625 Persons | 2.078 Million Persons | Aug/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 40.85 Tonnes | 2Q/23 |
| Interbank Rate | -0.23 % | Sep/20 |
| Interest Rate | 3.29 % | Aug/23 |
| Loans to Private Sector | 42544556 BGN Thousand | 23.078 USD Billion | Aug/23 |
| Money Supply M0 | 26257 BGN Million | 14.243 USD Billion | Aug/23 |
| Money Supply M1 | 120561 BGN Million | 65.398 USD Billion | Aug/23 |
| Money Supply M2 | 149072 BGN Million | 80.864 USD Billion | Aug/23 |
| Money Supply M3 | 149072 BGN Million | 80.864 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 12254 BGN Million | 6.647 B USD | Sep/23 |
| Deposit Interest Rate | 0.02 % | 2022 |
| Foreign Direct Investment | 138 EUR Million | 0.146 B USD | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 399 EUR/Month | 423.297 USD/Month | 3Q/23 |
| Retirement Age Men | 64.42 | 2022 |
| Retirement Age Women | 61.83 | 2022 |
| Unemployment Rate | 5.3 % | Aug/23 |
| Wages | 1927 BGN/Month | 1045.294 USD/Month | Jun/23 |
| Youth Unemployment Rate | 11.8 % | Aug/23 |
| Employed Persons | 2914 Thousand Person | 2.914 Million Person | 2Q/23 |
| Employment Change | -0.3 % | 2Q/23 |
| Employment Rate | 52.9 % | 2Q/23 |
| Full Time Employment | 2807 Thousand Person | 2Q/23 |
| Job Vacancies | 17802 | 17.802 K | 2Q/23 |
| Labor Force Participation Rate | 55.5 % | 2Q/23 |
| 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 | 2.4 % | 2Q/23 |
| Part Time Employment | 38.3 Thousand Persons | 2Q/23 |
| Unemployed Persons | 149 Thousand Persons | 0.149 Million Persons | Aug/23 |
| Wages High Skilled | 1280 BGN/Month | 738.195 USD/Month | 2018 |
| Wages in Manufacturing | 1709 BGN/Month | 927.041 USD/Month | Jun/23 |
| Wages Low Skilled | 600 BGN/Month | 346.029 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 10 % | 2023 |
| Personal Income Tax Rate | 10 % | 2023 |
| Sales Tax Rate | 20 % | 2023 |
| Social Security Rate | 33.4 % | 2023 |
| Social Security Rate For Companies | 19.62 % | 2023 |
| Social Security Rate For Employees | 13.78 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1 BBL/D/1K | Jan/23 |
| Electricity Production | 3094 GWh | Jul/23 |
| Industrial Production | -9.7 % | Aug/23 |
| Mining Production | -12.1 % | Aug/23 |
| Steel Production | 40 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | 1.3 % | Aug/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 25.2 index points | Sep/23 |
| Corruption Index | 43 index points | 2022 |
| Corruption Rank | 72 place | 2022 |
| Ease of Doing Business | 61 place | 2019 |
| Manufacturing Production | -1.9 % | Aug/23 |
| Competitiveness Index | 64.9 Index Points | 2019 |
| Competitiveness Rank | 49 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -25.5 index points | 3Q/23 |
| Retail Sales MoM | -0.1 % | Aug/23 |
| Retail Sales YoY | 0.1 % | Aug/23 |
| Consumer Credit | 36532 BGN Million | 19.817 USD Billion | Aug/23 |
| Consumer Spending | 20166 BGN Million | 10.939 USD Billion | 2Q/23 |
| Households Debt To Income | 32.71 % | 2016 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | -0.5 % | Aug/23 |
