Financial intermediation, real estate and business activities contributed 25.6%, followed by mining, manufacturing and utilities (23.1%), and wholesale, retail and hotels (17.3%) to the gross value added (GVA) in 2020.
Sofia, Plovdiv and Burgas contributed 56.7% of the country’s GDP and were home to 34.7% of the Bulgarian population as of 2020
Scope
Reasons to Buy
Sofia, Plovdiv and Burgas contributed 56.7% of the country’s GDP and were home to 34.7% of the Bulgarian population as of 2020
Scope
- The European region accounted for the largest share of the FDI stock in Bulgaria in 2020
- The overall SOFIX index exhibited a rising trend over last year. As of April 5, 2021, the SOFIX index stood at 499.98, compared to 423.34 on April 5, 2020.
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Table of Contents
- List of Exhibits
- Did You Know?
- Country Highlights
- COVID-19 Impact
- Country Snapshot
- PESTLE Insights
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
List of Figures
Exhibit 1: Bulgaria’s Performance in terms of its Country Risk Analysis in Comparison to Eastern Europe and the World
Exhibit 2: Performance Overview (Score: 1-100)
Exhibit 3: Broad Categories and Weights Behind the Index
Exhibit 4: SOFIX Index
Exhibit 5: Key Sectors’ Contribution to the Economy (2016-2023f)
Exhibit 6: Net FDI Inflows (2015-2020) and FDI by Sector (2020)
Exhibit 7: Net FDI Inflows by Country and Share of FDI Stock by Country (2020)
Exhibit 8: Key Infrastructure Indicators (2019)
Exhibit 9: Real GDP and Household Consumption Growth Rate (2016-2023f)
Exhibit 10: Real GDP Growth Rate Comparison (2020e)
Exhibit 11: Export, Import and Trade Balance (2016-2023f)
Exhibit 12: Current Account Balance (2016-2023f)
Exhibit 13: Top Three Commodity Exports, % of Total Exports (2016-2019)
Exhibit 14: Electrical Machinery and Equipment, % of Total Exports (2019)
Exhibit 15: Interest Rates (April 2020 - April 2021)
Exhibit 16: Exchange Rate (2016-2023f)
Exhibit 17: General Government Deficit (2016-2023f)
Exhibit 18: General Government Debt (2016-2023f)
Exhibit 19: Unemployment Rate (2016-2023f)
Exhibit 20: Average Annual Wages (2016-2019)
Exhibit 21: Labor Cost Index (2016-2019)
Exhibit 22: Rural/Urban Share of Total Population (2005, 2015, 2025)
Exhibit 23: Age-group Share of Total Population (2005, 2015, 2025)
Exhibit 24: Gender Split (2005, 2015, 2025)
Exhibit 25: Internet Users as a Percentage of the Total Population, Mobile Penetration Rate and Broadband Penetration Rate (2020)
Exhibit 26: Number of Patents Granted Per Million Population (2020)
Exhibit 27: High-technology Exports, % of Manufactured Exports (2019)
Exhibit 28: Doing Business in Bulgaria 2020
Exhibit 29: Corruption Perceptions Index (Rankings) (2020)
Exhibit 30: CO2 Emissions (2016-2019)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Fibank
- Ontotext
- MKB Unionbank
