Bulgaria’s economy rebounded quite strongly in the first quarter of 2015 driven by a surge in exports. At the same time, domestic demand remained generally weak and fixed investment even declined from a year earlier. The recovery in the labour market also continued, with a growing number of employed persons and a declining rate of unemployment. The short-term prospects for the Bulgarian economy have generally improved but it is not yet certain whether the positive trends will be sustained.

map Bulgaria
Main Economic Indicators201220132014201520162017
Population, 1000 persons.730672657224...
GDP, real change in %
GDP per capita (EUR at PPP)124001230012700...
Gross industrial production, real change in %-0.4-0.11.8...
Unemployment rate - LFS, in %, average12.313.011.410.59.59.0
Average gross monthly wages, EUR374396423...
Consumer prices, % p.a.2.40.4-
Fiscal balance in % of GDP-0.7-0.9-2.8...
Public debt in % of GDP18.018.327.6...
Current account in % of GDP-
FDI inflow, EUR mn138315091526...
Gross external debt in % of GDP92.190.094.7...

Basic data are continuously updated.

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


Monthly Report No. 7-8/2015

Vasily Astrov, Serkan Çiçek, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July-August 2015
25 pages including 1 Table and 2 Figures



BULGARIA: New government’s reform ambitions to face reality check

Rumen Dobrinsky
in: A Time of Moderate Expectations
wiiw Forecast Report No. Spring 2015, March 2015 , pp. 49-51
Details and Buy