The Bulgarian economy has experienced significant growth (538%), starting from $13.15 billion (nominal, 2000) and reaching estimated gross domestic product (GDP) of $86 billion (nominal, 2024 est.) or $203 billion (PPP, 2024 est.), GDP per capita of $31,148 (PPP, 2024 est.), average gross monthly salary … See more The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is an industrialised upper-middle-income country according to the World Bank, … See more Industry and construction Much of Bulgaria's communist-era industry was heavy industry, although biochemicals and computers were significant products beginning in the 1980s. Because Bulgarian industry was configured to Soviet markets, the end of the Soviet … See more As of 1 January 2008 the income tax for all citizens is set to a flat rate of 10%. This flat tax is one of the lowest income rates in the world and the lowest … See more In the 1990s, Bulgaria moved gradually away from dependence on markets in the former Soviet sphere, increasing its exports to the European Union (EU). In 1999 Bulgaria joined the Central European Free-Trade Agreement (CEFTA), with whose members … See more During the 17th and 18th century Bulgaria had a largely undeveloped industry with agriculture, crafts, and partly trade being the only developed industry sectors. Bulgaria was one of the more dynamic industrial areas of the Ottoman Empire. Bulgaria … See more In 2005 the labour force was estimated at 3.3 million; in 2004, 11 percent worked in agriculture, 33 percent in industry, and 56 percent in services. The unemployment rate has been in … See more Bulgaria's unit of currency is the lev (pl., leva). In October 2006, the U.S. dollar was worth 1.57 leva. In 1999 the value of the lev was pegged to that of the German Deutschmark, which was replaced by the euro in 2001. Following Bulgaria's admission to the EU, … See more WebEconomy of Bulgaria. The rapid industrialization of Bulgaria since World War II and the economic transition it underwent with the demise of the communist regime had a …
Bulgaria Overview: Development news, research, data
WebJul 10, 2024 · The experts’ prognoses that Bulgarian economy after contracting by 4.2% in 2024, GDP is projected to rebound by 3.8% in 2024 and 4.4% in 2024. GDP will return to its pre-pandemic level at the end of 2024. The reopening of the economy will create renewed strength in household demand and business investment, which will replace government ... WebBulgaria At-A-Glance Following a contraction of 4.4 percent in 2024, economic recovery gained momentum in 2024. The economy grew by 4.4 percent in 2024 and by a further 4.5 … cajon usato
Bulgaria - The World Factbook
WebJun 1, 2024 · in the Bulgarian economic system in 2000. The . difference between the countries is 12.31%. At the end of the survey ed period, the closest . volume to Bulgarian production for . WebDec 2, 2024 · Bulgaria country profile - ... Bulgaria's focus on progressing towards the SDGs with environmental action mainly lies in air quality (SDGs 3 and 11), water management (SDG 6), marine protection (SDG 14) and protection of nature and biodiversity (SDG 15). The country is also focusing on establishing a green and energy-efficient economy (SDG 7 ... WebThe Bulgarian economy is characterized by economic, political and financial stability. The country has a strategic geographic location, liberal access to markets consisting of more than 560 million consumers, and the lowest corporate tax in EU – 10%. Investments in municipalities with high levels of unemployment enjoy tax-free status. cajon valley student login hello id