In 2020, 70,000 Bulgarians, or 1% of the population, owned 18.3% of the gross domestic product, which is equal to more than EUR 11.25 billion . In 2005, they owned 11.2% of the GDP, or EUR 2.4 billion. The wealth of the richest Bulgarians rose five..
The General Government sector reported a deficit of EUR 2.8 billion, or 4.1% of the country’s gross domestic product, preliminary data of the National Statistical Institute indicate. The deficit in Central Government amounted to EUR 3.3 billion, or 4.8%..
In 2021, Bulgaria’s gross domestic product (GDP) increased with 4.2% year on year. According to preliminary data of the National Statistical Institute, the share of industrial production and agriculture in the country’s GDP has increased. However,..
Bulgaria is the EU member state with the highest number of prosecutors per capita and the highest ratio of government spending on prosecution to gross domestic product, Minister of Justice Nadezhda Yordanova said in connection with the decision..
“We Continue the Change”, the Bulgarian Socialist Party, “There is Such a People” party and “Democratic Bulgaria” continue the talks on the formation of a coalition cabinet with a discussion on culture-related topics. The participants agreed that up to..
The International Monetary Fund expects Bulgaria’s gross domestic product to increase by 4.5% this year, revising its April forecast for a 4.4% increase. Bulgaria’s economic growth is expected to slow to 4.4% in 2023 and to 4.0% in 2023, reads the..
In 2019, the regional GDP per capita, expressed in purchasing power standards, varied from 32% of the EU average in the Northwestern region of Bulgaria and in Mayotte, France, to 260% of the EU average in Luxembourg, data of Bulgaria's National..
Bulgaria’s gross domestic product is to decrease by 4% in 2020 and then regain ground with 4.1% growth in 2021 the International Monetary Fund forecasts in its latest World Economic Outlook report presented on Tuesday. IMF expects that inflation..
The coronavirus crisis will shrink the global gross domestic product by 5.2% in 2020. For the Bulgarian economy, the forecast is a decline of 6.2% for 2020 and a recovery next year to a growth of 4.3%. This is data indicated in the World Bank's Global..
The Bulgarian National Bank reports that the gross external debt of the State Governance sector at the end of February 2020 amounted to EUR 5 423.3 million or 8.3 per cent of the country's Gross Domestic Product (GDP) and decreased by EUR 4.3 million..