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Bulgaria

Bulgaria : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$30.86 billion (2011 est.)
$24.29 billion (2010 est.)

Exports

$28.12 billion (2011 est.)
$20.6 billion (2010 est.)

Inflation rate (consumer prices)

4.2% (2011 est.)
2.4% (2010 est.)

Unemployment rate

9.6% (2011 est.)
9.5% (2010 est.)

GDP - per capita (PPP)

$13,800 (2011 est.)
$13,400 (2010 est.)
$13,300 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

0.3% (2010 est.)
-4.9% (2009 est.)
6.2% (2008 est.)

Internet users

3.395 million (2009)

Telephones - mobile cellular

10.585 million (2009)

Population growth rate

-0.796% (2012 est.)

Population

7,037,935 (July 2012 est.)

Historical background

The Bulgars, a Central Asian Turkic tribe, merged with the local Slavic inhabitants in the late 7th century to form the first Bulgarian state.

In succeeding centuries, Bulgaria struggled with the Byzantine Empire to assert its place in the Balkans, but by the end of the 14th century the country was overrun by the Ottoman Turks.

Northern Bulgaria attained autonomy in 1878 and all of Bulgaria became independent from the Ottoman Empire in 1908.

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Bulgaria

Economic overview

Bulgaria, a former Communist country that entered the EU on 1 January 2007, averaged more than 6% annual growth from 2004 to 2008, driven by significant amounts of foreign direct investment and consumption.

Successive governments have demonstrated a commitment to economic reforms and responsible fiscal planning, but the global downturn sharply reduced domestic demand, exports, capital inflows, and industrial production.

GDP contracted by approximately 5% in 2009, and stagnated in 2010, despite a significant recovery in exports.

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The Economist Intelligence Unit

Country Forecast Bulgaria April 2016

Country Forecast Bulgaria April 2016

  • $ 635
  • Country report
  • April 2016
  • by The Economist Intelligence Unit

Policy towards private enterprise and competition 2016-17: Industrial sector and utility privatisation gradually resumes. Enforcement of intellectual property law sees a modest improvement, and bureaucratic ...

  • Countries : Bulgaria, Europe

PRS Group

Bulgaria Country Report, PRS Group

Bulgaria Country Report, PRS Group

  • $ 245
  • Country report
  • January 2016
  • by PRS Group

One of PRS' 100 Country Reports, each expertly assessing potential political, financial, and economic risks to business investments and trade. Political Risk Services Country Reports provide risk forecasts ...

  • Countries : Bulgaria

Dun and Bradstreet (Altares)

D&B Country Insight Report: Bulgaria

D&B Country Insight Report: Bulgaria

  • $ 650
  • Country report
  • June 2016
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country’s overall political, ...

  • Countries : World, Bulgaria

ISA

Bulgaria - ISA Country Report

Bulgaria - ISA Country Report

  • $ 99
  • Country report
  • September 2016
  • by ISA

This report contains detailed forecasts and analysis for Bulgaria, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Bulgaria

Oxford Economics

Country Economic Forecasts > Bulgaria

Country Economic Forecasts > Bulgaria

  • $ 185
  • Country report
  • September 2016
  • by Oxford Economics

The Bulgarian economy grew by a robust-looking 3.0% year-on-year in Q2 2016. However, the majority of this growth came from an increase in inventories rather than any marked improvement in consumer spending, ...

  • Countries : Bulgaria

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