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 Indicators202320242025202620272028
Population, 1000 persons64476441....
GDP, real change in %1.73.43.13.03.1.
GDP per capita (EUR at PPP)2425026320....
Gross industrial production, real change in %-8.3-3.1....
Unemployment rate - LFS, in %, average4.34.23.53.73.7.
Average gross monthly wages, EUR10431189....
Consumer prices, % p.a.8.62.63.52.72.6.
Fiscal balance in % of GDP-2.0-3.1-3.0-3.0-3.0.
Public debt in % of GDP22.923.828.0...
Current account in % of GDP-1.2-1.4-2.0-0.60.1.
FDI inflow, EUR m47923280....
Gross external debt in % of GDP48.448.249.0...


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 Details

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