Bulgaria’s economy is set to continue growing robustly. Domestic demand is expected to be the main growth driver, while the contribution of net exports is set to remain negative. Inflation is expected to continue increasing this year as a result of strong private demand. Positive labour market trends will continue, with robust wage increases and rising employment. Public finances are projected to remain sound, supported by the favourable macreconomic environment and despite increases in public investment and wages.

Indicators 2016 2017 2018 2019
GDP growth (%, yoy) 3,9 3,6 3,8 3,7
Inflation (%, yoy) -1,3 1,2 1,8 1,8
Unemployment (%) 7,6 6,2 5,5 5,3
Public budget balance (% of GDP) 0,2 0,9 0,6 0,6
Gross public debt (% of GDP) 29,0 25,4 23,3 21,4
Current account balance (% of GDP) 5,3 3,0 1,4 0,8

Documents

DownloadPDF - 246.8 KB