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Bulgaria - Economy |
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Bulgaria, a former communist country with strong intentions
to enter the European Union, has experienc strong stability and growth since a major economic
downturn in 1996 led to the fall of the socialist government of the day. As a result, the
government became committed to economic reform and responsible fiscal planning.
A $300 million
stand-by agreement negotiated with the IMF at the end of 2001 has supported government efforts
to overcome high rates of poverty and unemployment.
GDP : purchasing power parity - $57.13 billion (2004 est.)
GDP - real growth rate : 4.3% (2004 est.)
GDP - per capita : purchasing power parity - $7,600 (2004 est.)
GDP - composition by sector : agriculture: 11.4% industry: 30% services: 58.6% (2004 est.)
Population below poverty line : 13.4% (2002 est.)
Household income or consumption by percentage share : lowest 10%: 4.5% highest 10%: 22.8% (1997)
Distribution of family income - Gini index : 26.4 (2001)
Inflation rate (consumer prices) :
Labor force : 3.333 million (2004 est.)
Labor force - by occupation : agriculture 26%, industry 31%, services 43% (1998 est.)
Unemployment rate : 14.3% (2004 est.)
Budget : revenues: $8.121 billion expenditures: $8.121 billion, including capital expenditures of NA (2004 est.)
Industries : electricity, gas and water; food, beverages and tobacco; machinery and equipment, base metals, chemical products, coke, refined petroleum, nuclear fuel
Industrial production growth rate : 6.3% (2004 est.) |
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