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xPLICIT
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xPRESSION
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xECUTIVE
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xCLUSIVE
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xPERIENCE
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xPLORER
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xHIBITION
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xCANGE
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xTREME
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xPERT
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| BULGARIA: |
 |
| Area: |
total: 110,910
sq km
land: 110,550 sq km
water: 360 sq km |
| Land boundaries: |
total: 1,808
km
border countries: Greece 494 km, Macedonia 148 km, Romania 608 km,
Serbia 318 km, Turkey 240 km
Coastline: 354 km |
| Natural resources: |
bauxite,
copper, lead, zinc, coal, timber, arable land |
| Population: |
7,385,367
0-14 years: 13.9% (male 527,881/female 502,334)
15-64 years: 68.7% (male 2,496,054/female 2,579,680)
65 years and over: 17.3% (male 527,027/female 752,391) |
| Administrative divisions: |
28 provinces (oblasti,
singular - oblast); Blagoevgrad, Burgas, Dobrich, Gabrovo, Khaskovo,
Kurdzhali, Kyustendil, Lovech, Montana, Pazardzhik, Pernik, Pleven,
Plovdiv, Razgrad, Ruse, Shumen, Silistra, Sliven, Smolyan, Sofiya,
Sofiya-Grad, Stara Zagora, Turgovishte, Varna, Veliko Turnovo, Vidin,
Vratsa, Yambol |
| International organization participation: |
ACCT,
Australia Group, BIS, BSEC, CE, CEI, CERN, EAPC, EBRD, EU (applicant),
FAO, G- 9, IAEA, IBRD, ICAO, ICCt, ICFTU, ICRM, IFC, IFRCS, ILO, IMF,
IMO, Interpol, IOC, IOM, IPU, ISO, ITU, MIGA, NAM (guest), NATO, NSG,
OAS (observer), OIF, OPCW, OSCE, PCA, SECI, UN, UNCTAD, UNESCO, UNIDO,
UNMEE, UNMIL, UNMIS, UPU, WCL, WCO, WEU (associate affiliate), WFTU,
WHO, WIPO, WMO, WToO, WTO, ZC |
| Economy overview: |
Bulgaria, a
former communist country soon to enter the European Union, has
experienced macroeconomic stability and strong growth since a major
economic downturn in 1996 led to the fall of the then socialist
government. As a result, the government became committed to economic
reform and responsible fiscal planning. Minerals, including coal,
copper, and zinc, play an important role in industry. In 1997,
macroeconomic stability was reinforced by the imposition of a fixed
exchange rate of the lev against the German D-mark - the currency is now
fixed against the euro - and the negotiation of an IMF standby
agreement. Low inflation and steady progress on structural reforms
improved the business environment; Bulgaria has averaged 4% growth since
2000 and has begun to attract significant amounts of foreign direct
investment. Corruption in the public administration, a weak judiciary,
and the presence of organized crime remain the largest challenges for
Bulgaria. |
| GDP |
official
exchange rate: $25.79 billion
real growth rate: 5.5%
per capita (PPP): $9,600 |
| Industries: |
electricity,
gas, water; food, beverages, tobacco; machinery and equipment, base
metals, chemical products, coke, refined petroleum, nuclear fuel
Industrial production growth rate: 7.9% |
| Exports: |
$11.67 billion
f.o.b.
Exports - partners: Italy 12%, Turkey 10.5%, Germany 9.8%, Greece 9.5%,
France 4.6% |
| Imports: |
$16.78 billion
f.o.b.
Russia 15.6%, Germany 13.6%, Italy 9%, Turkey 6.1%, Greece 5%, France
4.7% |
| Debt - external: |
$15.32 billion |
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SEE Report, All rights reserved |