According to the publisher, mining, manufacturing and utilities activities contributed 21.9% towards GVA, followed by financial intermediation, real estate and business activities (21.5%), and wholesale, retail and hotels utilities (15.9%) in 2022. The three sectors are forecast to grow by 6.0%, 6.9%, and 7.2%, respectively, in 2023.
Northern and Southeastern Bulgaria accounted for 49.4% of the population in 2022 and 36.2% of GDP in 2021, according to Eurostat.
SOFIX Index exhibited a volatile trend over past year. As of May 23, 2023, the index stood at 656.5, compared to 614.5 on May 23, 2022.
Northern and Southeastern Bulgaria accounted for 49.4% of the population in 2022 and 36.2% of GDP in 2021, according to Eurostat.
SOFIX Index exhibited a volatile trend over past year. As of May 23, 2023, the index stood at 656.5, compared to 614.5 on May 23, 2022.
Scope
- In 2022, the European Commission announced to allocate EUR1.6 billion ($1.7 billion) for the transport connectivity programme to foster development in the sector by 2027.
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
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
Exhibit 1: Bulgaria's performance in country risk analysis in comparison to East Europe and World average
Exhibit 2: Performance overview (score: 1-100)
Exhibit 3: Broad categories and weights behind the index
Exhibit 4: Bulgaria Stock Exchange Index - SOFIX Index (May 2022 - May 2023)
Exhibit 5: Key sectors’ contribution to the economy
Exhibit 6: FDI flows by type (2016-22) and FDI flows by sector (Q1 2022 - Q1 2023)
Exhibit 7: FDI inflow by country (Q1 2022 to Q1 2023) and share of FDI by country (2022)
Exhibit 8: Key infrastructure indicators
Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
Exhibit 10: Real GDP growth rate comparison (2022)
Exhibit 11: Exports and imports growth (2018-25f)
Exhibit 12: Current account balance (2018-25f)
Exhibit 13: Top three commodity exports, % of total exports (2018-21)
Exhibit 14: Mineral fuels, mineral oils and products of their distillation, % share of the world’s total (2022)
Exhibit 15: Interest rates (May 2018 - May 2023)
Exhibit 16: Exchange rate and inflation (2018-25f)
Exhibit 17: General government net lending/borrowing (2018-25f)
Exhibit 18: General government debt (2018-25f)
Exhibit 19: Employed population and unemployment rate (2018-25f)
Exhibit 20: Average annual wages (2018-25f)
Exhibit 21: Labor force participation rate (2018-25f)
Exhibit 22: Rural-urban share of total population (2005, 2015, 2025)
Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025)
Exhibit 24: Gender split (2005, 2015, 2025)
Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
Exhibit 26: Number of patents granted per million population (2021 or latest available data)
Exhibit 27: High technology exports, % of manufactured exports (2021)
Exhibit 28: Rule of law (rankings), 2022
Exhibit 29: Corruption perceptions index (rankings) (2022)
Exhibit 30: Renewable energy capacity (2017-21)
Exhibit 31: CO2 emissions (2017-21)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Fibank
- Ontotext
- MKB Unionbank
