wiiw Forecast Reports
BULGARIA: Moderate post-COVID recovery
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in: Darkest before the dawn?
wiiw Forecast Report No. Spring 2021, April 2021 , pp. 56-59
After a year of protests and social turmoil, Bulgaria is entering a new electoral cycle with uncertain outcomes. The negative macroeconomic impact of the pandemic in 2020 was moderate. The shocks were partly mitigated by the policy support measures launched by the authorities. The post-COVID recovery is also expected to be moderate, with GDP growth of 2.5% in 2021 and slightly higher in the following two years.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Bulgaria