Bulgaria

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
        FORECAST*
Main Economic Indicators201120122013201420152016
Population, 1000 persons.734873067265...
GDP, real change in %1.80.60.91.42.12.5
GDP per capita (EUR at PPP)117001210012300...
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.3.42.40.40.01.02.0
Fiscal balance in % of GDP-2.0-0.8-1.5...
Public debt in % of GDP16.318.418.9...
Current account in % of GDP0.1-0.81.9-1.0-1.8-2.5
FDI inflow, EUR mn133010701092...
Gross external debt in % of GDP94.394.693.5...


Basic data are continuously updated.

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

publication_icon

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
Details

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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


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