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 Indicators201220132014201520162017
Population, 1000 persons.730672657224...
GDP, real change in %
GDP per capita (EUR at PPP)121001210012500...
Gross industrial production, real change in %-0.4-0.11.8...
Unemployment rate - LFS, in %, average12.313.011.410.39.59.0
Average gross monthly wages, EUR374396423...
Consumer prices, % p.a.2.40.4-
Fiscal balance in % of GDP-0.6-0.8-5.8...
Public debt in % of GDP17.618.027.0...
Current account in % of GDP-
FDI inflow, EUR mn138315091486...
Gross external debt in % of GDP90.588.192.1...

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
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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