Bulgaria - Key Economic Indicators

1995

1996

1997

1998

1999

2000

2001

GDP. nominal

BGN mn

880.3

1748.7

17055.2

21577

22776.4

25453.6

28400 f.

Gross industrial production

% annual change

4.5

5.1

-5.4

-7.9

-9.3

5.8

2

Gross fixed capital formation

% annual change

16.1

-21.2

-23.9

32.9

25.3

8.2

10.0

Budget deficit/GDP

%

-6.6

-10.9

-3.9

1.5

1.8

-0.9

-1.5

Consumer prices

% change p.a.

62.1

121.6

1058.4

18.7

2.6

10.3

7.4

Producer prices in industry

% change p.a.

53.4

130

971.1

16.5

3.1

17.2

7.7 f.

Broad money

% change

39.6

124.5

359.3

9.6

11.4

26.4

24.2

Unemployment rate. end of period

%

11.1

12.5

13.7

12.2

16

17.9

17.3

Average gross wages per month

BGN

7.6

14

127.9

183.3

201

238

-

Merchandise exports. FOB

US$ bn

4.97

4.69

4.81

4.19

4.0

4.81

5.1

Merchandise imports. CIF

US$ bn

5.32

4.93

4.85

4.96

5.52

6.49

7.23

Trade balance

US$ bn

-0.35

-0.24

-0.04

-0.77

-1.52

-1.68

-2.13

Current account

US$ bn

-0.2

0.16

1.05

-0.06

-0.65

-0.7

-0.8

Foreign direct investment

US$ bn

0.1

0.1

0.5

0.54

0.82

1.0

0.65

Gross foreign debt

US$ bn

10.1

9.6

9.8

10.3

10.2

10.4

9.9

Gross foreign debt/GDP

%

77.2

98

96.2

83.8

82.3

86.5

76

Exchange rate: average

BGN/USD

0.067

0.176

1.677

1.76

1.838

2.124

2.185

Exchange rate: average

BGN/EUR

0.087

0.192

1.896

1.972

1.956

1.956

 1.956

Source: IME, BNB, NSI