1. Market Research
Country Report Bulgaria September 2017

Country Report Bulgaria September 2017

  • September 2017
  • ID: 2358830
  • Format: PDF
  • By The Economist Intelligence Unit

Summary

Table of Contents

Search Inside


Outlook for 2017-21



  • After six months of renewed political turbulence, triggered by the previous government's resignation in November 2016, the formation of a new centre-right ruling coalition in May has ushered in a period of greater stability.
  • The Economist Intelligence Unit expects the government, led again by Citizens for European Development of Bulgaria (CEDB), to focus on preparing for EU presidency, which Bulgaria will hold in the first half of 2018.
  • However, we forecast that after the end of Bulgaria's presidency, tensions between the CEDB and its nationalist coalition partners will come to the fore and the government will not serve out its full four-year term.
  • The EU will keep Bulgaria under close scrutiny, demanding the imple-mentation of judicial reforms and greater efforts to combat corruption.
  • We forecast that real GDP growth will pick up to 3.6% in 2017, from 3.4% in 2016. Growth will then slow to an annual average of 2.9% in 2018-21 as domestic demand growth moderates.
  • After a third consecutive year of deflation, at 0.8% in 2016, we forecast that inflation will return in 2017, at 1.9%, and will average 2.5% per year in 2018-21.
  • We forecast that the current-account surplus, which was equivalent to 4.2% of GDP in 2016, will decline in 2017-20, to an average of 1.7% per year as import demand picks up, before swinging back into a small deficit in 2021.


Review



  • Following the signing of a friendship treaty with Macedonia on August 1st, Bulgarian officials said that the Bulgarian trade mission in the Macedonian capital, Skopje, which was closed at end-2015, would be reopened.
  • In mid-August the defence minister, Krasimir Karakachanov, said that 600 army personnel would be deployed at the border with Turkey to stem the flow of illegal border crossings.
  • In January-July the consolidated state budget posted a cash-flow surplus of Lv2bn (US$1.2bn), down from Lv3.3bn a year earlier.
  • In April June, according to flash estimates, real GDP growth (seasonally and working-day adjusted) accelerated to 3.6% year on year, from (an upwardly revised) 3.5% in January-March, driven by final consumption growth of 4.2%.
  • In January-June banking sector profits were 14.6% lower than a year earlier, when one-off factors had boosted revenue.
  • In January-June the foreign trade deficit widened to Lv1.9bn, from Lv1.1bn a year earlier, as import growth outperformed export growth owing to higher world oil prices.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Soft Drinks in Bulgaria

Soft Drinks in Bulgaria

  • $ 2100
  • December 2019

 Soft Drinks in Bulgaria report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2014-2018), allowing you to identify the ...

Processed Meat Market in Europe Premium Report

Processed Meat Market in Europe Premium Report

  • $ 2491
  • December 2019

Report DescriptionThe Processed Meat Market in EuropeBRIEF SUMMARYThe total Processed Meat Market is now worth Euro 152.5 billion and is forecast to grow at an average annual 2.7% in current prices during ...

Health and Wellness in Bulgaria

Health and Wellness in Bulgaria

  • $ 2100
  • February 2020

Living a healthy lifestyle is a challenge for Bulgaria’s growing urban population, yet digital technology gives consumers unprecedented access to a wealth of information about health and wellness, which ...

Hot Drinks in Bulgaria $ 2100 November 2019

Free From in Bulgaria $ 990 February 2020

Organic Beverages in Bulgaria $ 990 February 2020


ref:plp2017

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on