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 6,445,481 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 70 position by nominal GDP. Its national debt in 2023 was 21,670 millions of euros (23,432 millions of dollars), ( 23.1% debt-to-GDP ratio) and its public debt per capita is €3,362 euros per inhabitant$3,635 dollars per inhabitant.

The last annual rate of CPI published in Bulgaria was on June of 2024 and it was 2.5%.

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 [+]2024Q13,889K
Annual GDP [+]2023€93,948M
Annual GDP [+]2023$101,574M
GDP per capita [+]2023€14,580
GDP per capita [+]2023$15,759
Quarterly GDP [+]2024Q1€25,069M
Debt (M.€.) [+]202321,670
Debt ($M) [+]202323,432
Debt (%GDP) [+]202323.10%
Debt Per Capita [+]2023€3,362
Debt Per Capita [+]2023$3,635
Deficit (M.€) [+]2023-1,766
Deficit ($M) [+]2023-1,910
Deficit (%GDP) [+]2023-1.90%
Expenditure (M.€) [+]202337,402.1
Expenditure ($M) [+]202340,442.9
Education Expenditure (M.€) [+]20213,048.5
Education Expenditure ($M) [+]20213,605.3
Education Expenditure (%Bud.) [+]202110.56%
Gov. Health Exp. (M.€) [+]20224,177,192,964.5
Gov. Health Exp.($M) [+]20214,519.0
Gov. Health Exp. (%Bud.) [+]202112.92%
Defence Expenditure (M.€) [+]20221,294.0
Defence Expenditure ($M) [+]20221,360.5
Defence Expenditure (%Bud.) [+]20224.06%
Expenditure (%GDP) [+]202339.80%
Expenditure Per Capita [+]2023€5,803
Expenditure Per Capita [+]2023$6,275
Education Expenditure P.C [+]2021€443
Education Expenditure P.C [+]2021$528
Gov. Health Exp. P.C. [+]2022€629
Gov. Health Exp. P.C. [+]2021$653
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 [+]May 20244.4%
Unemployment rate [+]2024Q15.0%
Unemployed [+]2024Q1153K
NMW [+]2024$527.1
NMW [+]2024€477.0
Average Wage [+]2023$13,036
Average Wage [+]2023€12,056
Human Capital Ranking [+]201732º
Markets
Euro / Bulgarian Lev [+]07/26/20241.9558
US Dollar exchange rate [+]07/25/20241.8024
Stock ExchangeYTD % [+]07/25/202443.68%
Prices
CPI (overall index) [+]June 20242.5%
HICP [+]June 20242.8%
PPI Year on Year [+]April 2024-10.6%
Money Market
Key rates [+]07/01/20243.63%
Business
Doing Business [+]202061º
IPI Year on Year [+]April 2024-0.3%
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€44,169.3M
Exports [+]2023$47,854.3M
Exports % GDP [+]202347.01%
Imports [+]2023€49,509.0M
Imports [+]2023$53,551.3M
Imports % GDP [+]202352.70%
Trade balance [+]2023€-5,339.6M
Trade balance [+]2023$-5,697.0M
Trade balance % GDP [+]2023-5.68%
Retail Sales YoY [+]December 20234.3%
Socio-Demography
Global AgeWatch Ranking [+]201549º
Density [+]202358
Global Peace Ranking [+]202330º
Crude divorce rate [+]20221.40‰
Remittance received ($M) [+]20172,223.5
% Immigrant [+]20202.67%
% Emigrant [+]202024.33%
Birth Rate [+]20238.90‰
Remittance sent ($M) [+]2017145.6
Crude death rate [+]202315.70‰
Fertility Rate [+]20221.65
Crude marriage rate [+]20223.90‰
% risk of poverty [+]202320.6%
Population [+]20236,445,481
Immigrant stock [+]2020184,363
Emigrant stock [+]20201,683,074
HDI [+]20210.795
Gender Gap Ranking [+]202365º
Life expectancy [+]202375.80
Suicides [+]2021556
Suicide rate [+]20218.16
Number of homicides [+]202276
Rate Homicides per 100.000 [+]20221.12
Energy and Environment
CO2 Tons per capita [+]20227.32
Annual crude oil production [+]20231
Crude Oil Reserves [+]202115.0
Consumption GWh [+]202235,369
Generation GWh [+]202250,180
Others
COVID-19 - Deaths [+]07/07/202438,700
COVID-19 - Confirmed [+]07/07/20241,329,487
Fully vaccinated [+]06/29/20242,078,006
COVID-19 - Deaths per million population [+]07/07/20246,004.21
Doses administered [+]06/29/20244,726,614