Bulgarian Industries and Economy
Industries
Economy
Manufacturing and Construction industry
Energy industry
GDP: 132.744 Billion leva
Service and Tourism industry
Agriculture/ Forest/ Fishing industry
Mining and Minerals industry
Declined since the end of the socialist regime.
Bulgaria is still one of the leading countries in this field.
GDP per capita: 19 192.32
Increase in tourism and its revenue after the socialist regime ended.
Economic Spectrum
Increase in tourism and its revenue after the socialist regime ended. Currently improving.
Labor Force: 3 290 300
Unemployment rate: 5.1%
Inflation rate: 3.3% (data from 2021)
Coal / hydroelectric / nuclear resources. Produces more than what is needed.
Steady increase in renewable sources of energy.
Decreased after the socialist regime ended.
Bulgaria is the world leader of rose oil export.
Ranks at #32 in the world with a score of 69.3
Bulgaria falls into the middle of the Economic Spectrum. We're have a Capitalist Leaning and because of our lack of government as of late March, 2023 (which problem has been around for almost two years now)
Prominent decrease in the rule of law, regulatory efficiency and government size due to factors including the lack of consistent government, the COVID-19 pandemic and inflation.
There isn't a significant decrease in the open markets sector with the exception of the trade freedom.
Economic Spectrum
Pure Communism
Pure Capitalism/Competition
Bulgaria
France
USA
North Korea
Decrease in economic freedom in comparison to 2022 by 1.7%.