GDP growth in the first half of 2015 was supported by a robust upturn in exports in the first quarter. The strengthening in the labour market contributed to the unemployment dropping to below 10% by mid-year. However, economic performance was uneven across sectors, while progress in key policy reform areas was limited. Overall, the chances are that a moderate recovery will continue in the short term with GDP rising higher than 2% for 2015 as a whole.

map Bulgaria
Main Economic Indicators201320142015201620172018
Population, 1000 persons.726572247200...
GDP, real change in %
GDP per capita (EUR at PPP)1220012800....
Gross industrial production, real change in %-
Unemployment rate - LFS, in %, average13.
Average gross monthly wages, EUR396420450...
Consumer prices, % p.a.0.4-1.6-
Fiscal balance in % of GDP-0.8-5.8-2.5...
Public debt in % of GDP18.027.029.4...
Current account in % of GDP1.
FDI inflow, EUR mn150914861500...
Gross external debt in % of GDP88.192.177.8...

Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.


BULGARIA: Modest recovery continues

Rumen Dobrinsky
in: Mixed Prospects: Consumption Leads Fragile Recovery in the CESEE Core – CIS Stumbles
wiiw Forecast Report No. Autumn 2015, , pp. 65-68
Details and Buy


Monthly Report No. 9/2015

Amat Adarov, Fatos Hoxha, Werner Laventure and Isilda Mara
wiiw Monthly Report No. 9,
47 pages including 3 Tables and 33 Figures