Bulgaria

Bulgaria’s broad-based economic upturn has continued, with positive output growth across all sectors of economic activity. The pattern of growth has switched from the export-led model of 2016 to a demand-driven type. However, labour shortages are causing supply constraints. The short-term prospects have improved and GDP growth for 2017 as a whole could come close to 4% and will remain in this range in the foreseeable future. Growth is balanced, with no imminent threats to macroeconomic stability.

map Bulgaria
        FORECAST*
Main Economic Indicators201420152016201720182019
Population, 1000 persons722471787128...
GDP, real change in %1.33.63.93.83.73.5
GDP per capita (EUR at PPP)128001360014200...
Gross industrial production, real change in %1.82.92.6...
Unemployment rate - LFS, in %, average11.49.27.66.46.05.5
Average gross monthly wages, EUR420449492...
Consumer prices, % p.a.-1.6-1.1-1.31.52.02.5
Fiscal balance in % of GDP-5.5-1.6-0.0...
Public debt in % of GDP27.026.029.0...
Current account in % of GDP0.10.05.34.94.13.0
FDI inflow, EUR mn153924301042...
Gross external debt in % of GDP92.073.670.7...


Basic data are continuously updated.

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

publication_icon

BULGARIA: Economy in good shape

Rumen Dobrinsky
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 58-62
Details and Buy

publication_icon

Monthly Report No. 7-8/2017

Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Richard Grieveson, Doris Hanzl-Weiss, Peter Havlik, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July-August 2017
27 pages including 1 Table and 2 Figures

Details


top