Bulgaria

map Bulgaria
Bulgaria is set to adopt the euro on 1 January 2026 – something that is expected to benefit the country significantly in the long term. The government anticipates a disbursement of EUR 440m under Bulgaria’s Recovery and Resilience Plan. In addition, the economy is projected to grow by 2.9%, driven by strong domestic demand, with further acceleration anticipated in the following two years. The nation’s sovereign credit rating has been upgraded, reflecting the positive economic outlook.
        FORECAST*
Main Economic Indicators202220232024202520262027
Population, 1000 persons646564476441...
GDP, real change in %4.01.92.82.93.03.1
GDP per capita (EUR at PPP)224502433026260...
Gross industrial production, real change in %12.7-8.3-3.1...
Unemployment rate - LFS, in %, average4.24.34.23.93.73.7
Average gross monthly wages, EUR90510431188...
Consumer prices, % p.a.13.08.62.63.32.72.6
Fiscal balance in % of GDP-3.0-2.0-3.0-3.0-3.0-3.0
Public debt in % of GDP22.522.924.1...
Current account in % of GDP-2.7-0.9-1.6-2.5-0.60.1
FDI inflow, EUR m475051663212...
Gross external debt in % of GDP50.347.548.0...


Basic data are continuously updated.

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

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Monthly Report No. 7-8/2025

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Maciej Grodzicki, Ioannis Gutzianas, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Niko Korpar, Dzmitry Kruk, Sebastian Leitner, Isilda Mara, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Maryna Tverdostup
wiiw Monthly Report No. 7-8, July-August 2025
38 pages including 5 Tables and 3 Figures

Details

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Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
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