HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
Flag of Bulgaria
flag — Bulgaria
Nation by Nation

Bulgaria

Economy

$113.3 billion
GDP
World Bank · 2024
$17,596
GDP / Capita
World Bank · 2024
+3.4%
GDP Growth
World Bank · 2024
4.2%
Unemployment
World Bank · 2024

Bulgaria is a developing, upper-middle-income EU member that has modernized substantially since shedding communism in 1989, though it remains among the bloc's lower-income members.

EU membership since 2007 has drawn investment and funds, and the country has pursued adoption of the euro. A growing information-technology and outsourcing sector has emerged alongside traditional industry.

Key Sectors

Important sectors include energy and electricity exports, metals and machinery, chemicals, food and wine, tourism along the Black Sea coast, and a fast-expanding IT industry.

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