What is the GDP of Bulgaria?

Bulgaria's GDP is approximately $113.3 billion USD. The GDP growth rate is 3.4%.

What is the population of Bulgaria?

Bulgaria has a population of approximately 6.4 million people. The population growth rate is -0.1%.

What is the inflation rate in Bulgaria?

The inflation rate in Bulgaria is 2.4%.

What is the unemployment rate in Bulgaria?

The unemployment rate in Bulgaria is 3.5%.

What is the GDP per capita of Bulgaria?

Bulgaria's GDP per capita is approximately $17,596 USD.

Is Bulgaria a good country to invest in?

Bulgaria has an investment score of 62/100, classified as "Moderate" risk. Key sectors include IT & Outsourcing, Manufacturing, Tourism. Credit rating: NR.

How open is Bulgaria's economy to trade?

Bulgaria's trade openness (trade as % of GDP) is 110%. Exports total approximately $63.9B and imports $61B.

How much foreign investment does Bulgaria attract?

Foreign direct investment (FDI) in Bulgaria is 3.1% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Bulgaria?

Bulgaria's economy is composed of services (64% of GDP), industry (21% of GDP), and agriculture (2% of GDP).

Can I start a business in Bulgaria as a foreigner?

Bulgaria offers various options for foreign entrepreneurs. Visit our business setup guide for Bulgaria for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Bulgaria's economy growing?

Bulgaria's GDP growth rate is 3.4%. This is above the global average, indicating strong economic momentum.

🇧🇬

Bulgaria Economy Overview

Name: NationsData World Economic Dataset
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaUpper MiddleCapital: SofiaBGR

Moderate

Growing

113.3B USD

GDP (Nominal)

Growing at 3.4%

$17,596

GDP Per Capita

High income level

6.4M

Population

-0.1% annual growth

Stable

2.4%

Inflation

Price stability

110%of GDP

Trade Openness

Strong

3.1%of GDP

FDI Inflows

Public Debt

Low

3.5%

Unemployment

Surplus

+$2.9B

Trade Balance

GDP

Billion USD, nominal

$113.3B

2024+11.1B

GDP Growth

Annual %

3.4%

2024+1.7%

Inflation

Consumer prices, annual %

2.4%

2024-7.0%

Population

Millions

6.4M

2024-0.0M

Economic Structure

Services64%

Industry21%

Agriculture2%

Investment Score Breakdown

Economic Health (30%)60

Political Safety (25%)58

Business Climate (20%)62

Financial Strength (15%)64

Growth Potential (10%)68

Key Sectors

IT & Outsourcing

6.8% of GDP

growing

Manufacturing

14.2% of GDP

stable

Tourism

11.5% of GDP

growing

Agriculture

3.8% of GDP

stable

Should I Invest in Bulgaria?

HoldSetup: ComplexROI: Moderate

Bulgaria scores 62/100 on the NationsData Investment Index, rated "Moderate". Growth is subdued at 2%. Business setup takes approximately 27 days with a corporate tax rate of 10%.

Investment Score62/100

GDP Growth2%

Inflation3.8%

FDI/GDP3%

Public Debt22.8%

Political Stability0.2

Corporate Tax10%

Ease of Business#61

Strengths

+Low public debt (22.8% of GDP) - fiscal headroom
+Highly trade-open economy (122%) - global market access
+100% foreign ownership allowed - no local partner required
+Low corporate tax rate (10%)
+Extensive tax treaty network (73 countries)

Risks

Best For

Holding companies and regional HQs

Also Consider

Poland

Same region, similar income level

Albania

Same region, similar income level, faster growth (3.5%)

Croatia

Same region, similar income level

Georgia

Same region, similar income level, faster growth (5.5%)

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Serbia

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Romania

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90% match

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