Bulgaria's gross domestic product in 2021 has reached a record €68 billion, rising by 3.6% with inflation at 3.3%, BNR's Natalia Ganchovska reports, quoting the annual edition of the Bulgarian Chamber of Commerce and Industry "Bulgaria in figures".
Inflation rate for 2022 is expected to reach a yearly level of over 12%. The unemployment rate is relatively low, though not as low as the pre-pandemic rate of 4.2% in 2019.
With supply chains restored, Bulgaria is seeing record exports in 2021 of €35bn, or 24% growth, with Germany, Romania, Italy, Greece and Turkey the leading trading partners.
Average wages continue to rise, reaching €782 in 2021 and €814 in the first quarter of 2022.
A study by the Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University “St. Kliment Ohridski” has been recognised as a leading paper at one of the world’s most prestigious events in artificial intelligence and..
Bulgaria’s Prime Minister Rosen Zhelyazkov called on ministers to focus on solutions rather than excuses, warning of targeted actions aimed at destabilising the political environment . Speaking at the start of a cabinet meeting, Zhelyazkov..
Bulgaria’s government on Wednesday approved funding of up to €3,800 per household to support families affected by recent floods , Labour and Social Policy Minister Borislav Gutsanov said. Families will receive €1,530 in additional support if their..
The population of white storks in Bulgaria has increased by 33% in recent years, according to data from the 8th International White Stork Census , cited..
Bulgarians living abroad have shown unprecedented interest in the Ministry of Labour and Social Policy’s “I Choose Bulgaria” programme, deputy Minister for..
On Friday, the lowest temperatures will range between 5°C and 11°C, in Sofia 7°C. During the day, the cloud cover across the country will be..
Cloudy
Overcast, rain
Mostly Cloudy
Partly cloudy, chance of rain