Inflation in Bulgaria will reach 12.8% in 2022, the European Commission’s autumn economic forecast shows. Inflation is forecasted to be 0.3% higher as compared to the Commission’s summer forecast. In 2021, Bulgaria’s inflation was 2.8%.
The country’s GDP growth is set to decelerate from 3.1% in 2022 to 1.1% in 2023 due to lower domestic and foreign demand. Investments will decrease with 8% in 2022. The unemployment rate at the end of the year is expected to stand at 5.2%.
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months, European Commissioner for Agriculture and Food Christophe Hansen told BTA and clarified that the..
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..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer..
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