The economic outlook for Bulgaria has deteriorated recently. Uncertainties related to possible changes in the policy course will act as a deterrent to growth, suppressing private consumption and investment. No significant support can be expected from the external environment either and a possible deepening of the Russia-Ukraine conflict will also have negative implications for the Bulgarian economy. GDP growth for the year as a whole will be just a little above the 2013 figure.

map Bulgaria
Main Economic Indicators201120122013201420152016
Population, 1000 persons.734873067265...
GDP, real change in %
GDP per capita (EUR at PPP)117001210012000...
Gross industrial production, real change in %5.8-0.3-0.1...
Unemployment rate - LFS, in %, average11.212.313.012.512.011.5
Average gross monthly wages, EUR351374413...
Consumer prices, % p.a.
Fiscal balance in % of GDP-2.0-0.8-1.5...
Public debt in % of GDP16.318.418.9...
Current account in % of GDP0.1-1.12.1-1.0-1.8-2.5
FDI inflow, EUR mn133011421157...
Gross external debt in % of GDP94.394.593.5...

Basic data are continuously updated.

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


Monthly Report No. 7-8/2014

Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Michael Landesmann, Sebastian Leitner, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July 2014
23 pages including 1 Table and 2 Figures


BULGARIA: Economy seeking direction

Rumen Dobrinsky
in: Investment to the Rescue
wiiw Forecast Report No. Spring 2014, March 2014 , pp. 33-35
Details and Buy