Bulgaria Bulgaria

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Bulgaria, is a country located at Eastern Europe, it has an area of 111,000 Km2.

Bulgaria, with a population of 6,447,710 people, it is one of the least populous country in the world and it has a moderate population density, 58 people per km2.

It's capital is Sofia and its currency is Bulgarian Lev

Bulgaria is holding the 68 position by nominal GDP. Its national debt in 2022 was 19,353 millions of euros (19,466 millions of dollars), ( 22.6% debt-to-GDP ratio) and its public debt per capita is €3,002 euros per inhabitant$3,019 dollars per inhabitant.

The last annual rate of CPI published in Bulgaria was on February of 2024 and it was 3.3%.

In terms of the human development index (HDI) of Bulgaria, which is the index used by the United Nations to measure the progress of a country, was 0.795 points in 2021, leaving it in 68th place in the table of 191 countries published.

If the reason to visit Bulgaria are business, you must know it's in the 61th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Bulgaria, if you want to see information about other countries click here

Sofia: Monthly Temp.
Sofia: Monthly Rainfall
Bulgaria Economy
Gouvernement
Qu. GDP Per Capita [+]2023Q43,739K
Annual GDP [+]2023€93,948M
Annual GDP [+]2023$101,586M
GDP per capita [+]2023€14,580
GDP per capita [+]2023$15,755
Quarterly GDP [+]2023Q4€24,106M
Debt (M.€.) [+]202219,353
Debt ($M) [+]202219,466
Debt (%GDP) [+]202222.60%
Debt Per Capita [+]2022€3,002
Debt Per Capita [+]2022$3,019
Deficit (M.€) [+]2022-2,484
Deficit ($M) [+]2022-726
Deficit (%GDP) [+]2022-2.90%
Expenditure (M.€) [+]202235,482.8
Expenditure ($M) [+]202234,079.3
Education Expenditure (M.€) [+]20172,139.6
Education Expenditure ($M) [+]20172,417.5
Education Expenditure (%Bud.) [+]201712.73%
Gov. Health Exp. (M.€) [+]20213,934,605,276.6
Gov. Health Exp.($M) [+]20172,481.4
Gov. Health Exp. (%Bud.) [+]201711.99%
Defence Expenditure (M.€) [+]20221,294.0
Defence Expenditure ($M) [+]20221,344.0
Defence Expenditure (%Bud.) [+]20224.06%
Expenditure (%GDP) [+]202241.40%
Expenditure Per Capita [+]2022€5,503
Expenditure Per Capita [+]2022$5,285
Education Expenditure P.C [+]2017€302
Education Expenditure P.C [+]2017$343
Gov. Health Exp. P.C. [+]2021€572
Gov. Health Exp. P.C. [+]2017$344
Defence Expenditure P.C. [+]2022€200
Defence Expenditure P.C. [+]2022$208
Moody's Rating [+]02/03/2023Baa1
S&P Rating [+]11/24/2023BBB
Fitch Rating [+]04/24/2020BBB
Corruption Index [+]202243
Competitiveness Ranking [+]201949º
Fragile States Index [+]201851.7
RTI Raking [+]202258º
Innovation Ranking [+]201837º
Labour
Unemployment Rate [+]February 20244.4%
Unemployment rate [+]2023Q44.2%
Unemployed [+]2023Q4129K
NMW [+]2024$527.1
NMW [+]2024€477.0
Average Wage [+]2022$11,415
Average Wage [+]2022€10,840
Human Capital Ranking [+]201732º
Markets
Euro / Bulgarian Lev [+]04/11/20241.9558
US Dollar exchange rate [+]04/11/20241.8229
Stock ExchangeYTD % [+]04/10/202433.95%
Prices
CPI (overall index) [+]February 20243.3%
HICP [+]February 20243.5%
PPI Year on Year [+]February 2024-12.1%
Money Market
Key rates [+]04/01/20243.79%
Business
Doing Business [+]202061º
IPI Year on Year [+]February 2024-8.4%
Passengers vehicles Year [+]December 202228,684
Annual Vehicles/ 1,000 p. [+]December 20225.82
Vehicles / 1,000 people [+]2020489.54
Taxes
Tax Revenue (%GDP) [+]202230.9%
Standard VAT [+]04/01/201120.00%
Top tax rate + SSC [+]202010.0%
Trade
Annual arrivals [+]20199,312,000
Exports [+]2023€44,250.0M
Exports [+]2023$47,847.5M
Exports % GDP [+]202347.10%
Imports [+]2023€49,529.7M
Imports [+]2023$53,556.5M
Imports % GDP [+]202352.72%
Trade balance [+]2023€-5,279.7M
Trade balance [+]2023$-5,708.9M
Trade balance % GDP [+]2023-5.62%
Retail Sales YoY [+]December 20234.3%
Socio-Demography
Global AgeWatch Ranking [+]201549º
Density [+]202258
Global Peace Ranking [+]202330º
Crude divorce rate [+]20221.40‰
Remittance received ($M) [+]20172,223.5
% Immigrant [+]20202.67%
% Emigrant [+]202024.33%
Birth Rate [+]20228.50‰
Remittance sent ($M) [+]2017145.6
Crude death rate [+]202217.90‰
Fertility Rate [+]20221.65
Crude marriage rate [+]20223.90‰
% risk of poverty [+]202320.6%
Population [+]20226,447,710
Immigrant stock [+]2020184,363
Emigrant stock [+]20201,683,074
HDI [+]20210.795
Gender Gap Ranking [+]202365º
Life expectancy [+]202274.20
Suicides [+]2021556
Suicide rate [+]20218.16
Number of homicides [+]202276
Rate Homicides per 100.000 [+]20221.12
Energy and Environment
CO2 Tons per capita [+]20216.33
Annual crude oil production [+]20221
Crude Oil Reserves [+]202115.0
Consumption GWh [+]202130,321
Generation GWh [+]202141,529
Others
COVID-19 - Deaths [+]03/24/202438,700
COVID-19 - Confirmed [+]03/24/20241,329,104
Fully vaccinated [+]04/10/20242,078,005
COVID-19 - Deaths per million population [+]03/24/20246,002.13
Doses administered [+]04/10/20244,726,387