Financial intermediation, real estate and business activities contributed 23.7% to the gross value added (GVA) in 2018, followed by mining, manufacturing and utilities (23.6%) and wholesale and retail trade (17.2%). During the period 2019-2021, these three sub sectors are forecasted to grow at an average annual rate of 5%, 5.4%, and 5.9%, respectively. The Netherlands, Hungary and Germany were the top three investors in Bulgaria in 2018.
Yugoiztochen, Yugozapaden, Yuzhen tsentralen regions of Bulgaria contributed 66.7% to the country’s GDP and comprise 34.1% of Bulgarian population as of 2017.
- As per the World Bank’s logistics performance index (LPI), transport and logistic infrastructure in Bulgaria improved significantly, as reflected in improvement in rank from 72nd in 2016 to 52nd in 2018 out of 160 countries
- The Bulgarian Stock Exchange Sofia AD (BSO) index exhibits a downward trend over the last one year. As of March 6, 2019, the index stood at 583, compared to 681.7 on March 6, 2018.
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.