Markets Actual Q4 Q1 Q2 Q3 2022
Currency 1.72 1.34 1.34 1.68 1.68 1.68
Stock Market (points) 622.22 607 596 585 574 553
Government Bond 10Y (%) 0.70 0.77 0.85 0.93 1.02 1.24

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 0.90 0.8 0.5 0.3 0.4 0.4
GDP Annual Growth Rate (%) 0.40 2.5 3.8 1.8 3 4.2
Unemployment Rate (%) 4.70 4.6 4.6 4.7 4.3 4.1
Inflation Rate (%) 6.00 6.1 4.4 3.8 2.7 2.1
Inflation Rate Mom (%) 1.80 0.6 0.6 0.6 0.6 0.5
Interest Rate (%) 0.00 0 0 0 0.25 0.5
Balance of Trade (BGN Million) -614.40 -950 -950 -950 -950 -950
Current Account (EUR Million) -77.40 -180 -180 -180 -180 -180
Current Account to GDP (% of GDP) -0.70 1.5 1.3 1.3 1.3 1.3
Government Debt to GDP (% of GDP) 23.50 25.5 25.9 26.3 26.3 26.7
Government Budget (% of GDP) -3.40 -3.8 -3.8 -2.1 -2.1 -2.1
Business Confidence (points) 16.80 23 23 23 23 23
Consumer Confidence (points) -38.20 -28 -26 -26 -26 -23
Retail Sales MoM (%) 0.60 0.5 0.5 0.5 0.5 0.5
Corporate Tax Rate (%) 10.00 10 10 10 10 10
Personal Income Tax Rate (%) 10.00 10 10 10 10 10

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 0.90 0.8 0.5 0.3 0.4 0.4
GDP Annual Growth Rate (%) 0.40 2.5 3.8 1.8 3 4.2
GDP (USD Billion) 69.11 77.65 84.32 84.32 84.32 84.32
GDP Constant Prices (BGN Million) 24578.07 27803 22203 25020 25315 28971
Gross Fixed Capital Formation (BGN Million) 4956.01 6304 3294 5045 5105 6569
GDP per capita (USD) 8049.82 8900 8900 8900 8900 9300
GDP per capita PPP (USD) 22383.81 23000 23000 23000 23000 23300
GDP From Agriculture (BGN Million) 983.40 936 519 1001 1013 975
GDP From Construction (BGN Million) 1415.24 1091 1114 1441 1458 1136
GDP From Manufacturing (BGN Million) 5906.18 5962 5253 6012 6083 6212
GDP From Public Administration (BGN Million) 4915.10 5543 4781 5004 5063 5776
GDP From Services (BGN Million) 5284.01 5824 4239 5379 5443 6068

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 4.70 4.6 4.6 4.7 4.3 4.1
Wages (BGN/Month) 1543.00 1500 1500 1500 1500 1500
Minimum Wages (EUR/Month) 332.34 332 345 345 345 345
Population (Million) 6.95 6.9 6.9 6.9 6.9 6.85
Retirement Age Women 61.67 61.67 61.83 61.83 61.83 61.83
Retirement Age Men 64.33 64.33 64.42 64.42 64.42 64.42
Wages In Manufacturing (BGN/Month) 1296.00 1150 1150 1150 1150 1150

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 6.00 6.1 4.4 3.8 2.7 2.1
Inflation Rate Mom (%) 1.80 0.6 0.6 0.6 0.6 0.5
Consumer Price Index CPI (points) 7556.65 7610 7552 7556 7622 7770
Core Consumer Prices (points) 105.05 107 107 107 108 109
Core Inflation Rate (%) 2.10 2.4 2.8 2.5 2.6 2.3
Producer Prices (points) 128.10 130 132 133 137 135
Producer Prices Change (%) 20.00 18.6 15.2 12.7 7.3 4.3
Food Inflation (%) 5.90 4.8 4.2 3.5 3 2
CPI Housing Utilities (points) 17418.02 17023 16788 16768 17374 17380
CPI Transportation (points) 8430.33 8481 8532 8583 8634 8678

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 0.00 0 0 0 0.25 0.5
Deposit Interest Rate (%) 0.01 0.01 0.01 0.01 0.26 0.51

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (BGN Million) -614.40 -950 -950 -950 -950 -950
Current Account (EUR Million) -77.40 -180 -180 -180 -180 -180
Current Account to GDP (% of GDP) -0.70 1.5 1.3 1.3 1.3 1.3
Exports (BGN Million) 5975.60 4000 4000 4000 4000 4300
Imports (BGN Million) 6590.00 4950 4950 4950 4950 5250
Tourist Arrivals (Persons) 567637.00 490000 490000 490000 490000 550000

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 23.50 25.5 25.9 26.3 26.3 26.7
Government Budget (% of GDP) -3.40 -3.8 -3.8 -2.1 -2.1 -2.1
Government Budget Value (BGN Million) 355.22 300 300 300 300 300
Government Spending to GDP (% of GDP) 42.90 41 41 41 41 38.5
Government Spending (BGN Million) 2095.57 2879 2238 2133 2158 3000

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 10.00 10 10 10 10 10
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 32.80 32.4 32.4 32.4 32.4 32.4
Social Security Rate For Companies (%) 19.02 19.06 19.06 19.06 19.06 19.06
Social Security Rate For Employees (%) 13.78 13.34 13.34 13.34 13.34 13.34

Business Actual Q4 Q1 Q2 Q3 2022
Business Confidence (points) 16.80 23 23 23 23 23
Industrial Production (%) 10.50 5.3 5.3 5.3 5.3 5.3
Industrial Production Mom (%) 1.60 0.2 0.2 0.2 0.2 0.4

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) -38.20 -28 -26 -26 -26 -23
Retail Sales MoM (%) 0.60 0.5 0.5 0.5 0.5 0.5
Retail Sales YoY (%) 8.40 6 6 6 6 6
Consumer Credit (Million BGL) 28386.29 26130 27076 27600 28937 27228
Gasoline Prices (USD/Liter) 1.41 1.34 1.27 1.21 1.15 1.09
Consumer Spending (BGN Million) 18745.40 21224 18106 19083 19308 22116

Housing Actual Q4 Q1 Q2 Q3 2022
Construction Output (%) 1.00 3 3 3 3 5


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Bulgaria Forecast - was last updated on Tuesday, November 30, 2021.