| Economy | Bulgaria |
 = Fields  = World Records  = Dictionary  = Bar graph  = Distribution map  = Fields History  = Definitions |
Economy - overview:
|
Bulgaria, a former communist country that entered the EU on 1 January 2007, has experienced strong growth since a major economic downturn in 1996. Successive governments have demonstrated commitment to economic reforms and responsible fiscal planning, but have failed so far to rein in rising inflation and large current account deficits. Bulgaria has averaged more than 6% growth since 2004, attracting significant amounts of foreign direct investment, but corruption in the public administration, a weak judiciary, and the presence of organized crime remain significant challenges. |
GDP (purchasing power parity):
|
$93.78 billion (2008 est.)
$88.48 billion (2007)
$83.31 billion (2006)
note: data are in 2008 US dollars |
GDP - per capita (PPP):
|
$12,900 (2008 est.)
$12,100 (2007 est.)
$11,300 (2006 est.)
note: data are in 2008 US dollars |
GDP (official exchange rate):
|
$49.43 billion (2008) |
GDP - real growth rate:
|
6% (2008)
6.2% (2007 est.)
6.3% (2006 est.) |
GDP - composition by sector:
|
agriculture: 4.6%
industry: 28.7%
services: 66.7% (2008 est.) |
Investment (gross fixed):
|
38.3% of GDP (2008) |
Population below poverty line:
|
14.1% (2003 est.) |
Household income or consumption by percentage share:
|
lowest 10%: 3%
highest 10%: 25.5% (2007) |
Distribution of family income - Gini index:
|
30.7 (2007) |
Inflation rate (consumer prices):
|
7.8% (2008) |
Central bank discount rate:
|
5.77% (31 December 2008) |
Commercial bank prime lending rate:
|
10% (31 December 2007) |
Stock of money:
|
$14.86 billion (31 December 2008) |
Stock of money - per capita:
|
2,063 USD per capita |
Stock of quasi money:
|
$34.17 billion (31 December 2008) |
Stock of quasi money - per capita:
|
4,743 USD per capita |
Stock of domestic credit:
|
$33.3 billion (31 December 2008) |
Stock of domestic credit - per capita:
|
4,622 USD per capita |
Labor force:
|
2.44 million (2008) |
Labor force participation rate:
|
33.87 % of population |
Labor force - by occupation:
|
agriculture: 7.5%
industry: 35.5%
services: 57% (2007 est.) |
Unemployment rate:
|
6.3% (2008) |
Budget:
|
revenues: $20.43 billion
expenditures: $18.93 billion (2008) |
Budget revenues per capita:
|
2,836 USD per capita |
Public debt:
|
16.7% of GDP (2008) |
Industries:
|
electricity, gas, water; food, beverages, tobacco; machinery and equipment, base metals, chemical products, coke, refined petroleum, nuclear fuel |
Industrial production growth rate:
|
3.9% (2008) |
Electricity - production:
|
42.43 billion kWh (2007) |
Electricity - production per capita:
|
5,890 kWh per capita |
Electricity - consumption:
|
28.8 billion kWh (2007 est.) |
Electricity - consumption - per capita:
|
3,998 kWh per capita |
Electricity - exports:
|
7.992 billion kWh (2007 est.) |
Electricity - imports:
|
3.243 billion kWh (2007 est.) |
Oil - production:
|
3,520 bbl/day (2007) |
Oil - production per capita:
|
489 bbl/day per capita |
Oil - consumption:
|
142,400 bbl/day (2007) |
Oil - consumption - per capita:
|
7.21 bbl/year per capita |
Oil - exports:
|
2,480 bbl/day (2007) |
Oil - imports:
|
145,200 bbl/day (2007) |
Oil - proved reserves:
|
15 million bbl (1 January 2008 est.) |
Natural gas - production:
|
0 cu m (2007 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
3.5 billion cu m (2007 est.) |
Natural gas - consumption - per capita:
|
486 cu m per capita |
Natural gas - exports:
|
0 cu m (2007) |
Natural gas - imports:
|
3.229 billion cu m (2007) |
Natural gas - proved reserves:
|
5.663 billion cu m (1 January 2008 est.) |
Agriculture - products:
|
vegetables, fruits, tobacco, wine, wheat, barley, sunflowers, sugar beets; livestock |
Current account balance:
|
-$12.11 billion (2008) |
Current account balance - per capita:
|
-1,680 USD per capita |
Exports:
|
$22.3 billion f.o.b. (2008) |
Exports per capita:
|
3,096 USD per capita |
Exports - commodities:
|
clothing, footwear, iron and steel, machinery and equipment, fuels |
Exports - partners:
|
Turkey 11.5%, Germany 10.3%, Italy 10.2%, Greece 9.1%, Belgium 6.2%, Romania 4.9% (2007) |
Imports:
|
$35.3 billion f.o.b. (2008) |
Imports per capita:
|
4,900 USD per capita |
Imports - commodities:
|
machinery and equipment; metals and ores; chemicals and plastics; fuels, minerals, and raw materials |
Imports - partners:
|
Russia 12.3%, Germany 12.3%, Italy 8.7%, Ukraine 7.2%, Turkey 6.9%, Greece 6.2%, Romania 4.5%, Austria 4.3% (2007) |
Reserves of foreign exchange and gold:
|
$18.59 billion (31 December 2008) |
Reserves of foreign exchange and gold - per capita:
|
2,581 USD per capita |
Debt - external:
|
$54.01 billion (30 November 2008) |
Debt - external - per capita:
|
7,497 USD per capita |
Stock of direct foreign investment - at home:
|
$45.13 billion (2008) |
Stock of direct foreign investment - at home - per capita:
|
6,264 USD per capita |
Stock of direct foreign investment - abroad:
|
$1.402 billion (2008) |
Stock of direct foreign investment - abroad - per capita:
|
195 USD per capita |
Market value of publicly traded shares:
|
$21.79 billion (31 December 2007) |
Market value of publicly traded shares - per capita:
|
3,025 USD per capita |
Economic aid - donor:
|
void |
Economic aid - recipient:
|
$742 million (2005-06 est.) |
Economic aid - recipient per capita:
|
103 USD per capita |
Currency (code):
|
lev (BGN) |
Exchange rates:
|
leva (BGN) per US dollar - 1.3171 (2008 est.), 1.4366 (2007), 1.5576 (2006), 1.5741 (2005), 1.5751 (2004) |
Fiscal year:
|
calendar year |
|
= Fields = World Records = Dictionary = Bar graph = Distribution map = Fields History = Definitions |
|
Home 
Geographic Names
Chiefs of State
Intl. Organizations
Intl. Environmental Agree.
Other References
