Bulgarian exports and imports have continued their decline, National Statistical Institute data show.
Because of the pandemic Bulgaria’s total exports went down in July by 10.7% to 2.446 billion euro compared to a year earlier. The country’s total imports went down by 15.9% to 2.564 billion euro. The foreign trade balance was negative in July at 119 million euro, compared to a deficit of 312 million euro in July 2019.
Over the first seven months of 2020 Bulgaria’s total exports went down by 7.5% to 15.9 billion euro compared to the same period of 2019, while imports shrank by 12.8% down to 17 billion euro. The total foreign trade balance from January to July was at a deficit of 1.1 billion euro.
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
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