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  1. Economy of Bulgaria

    Economy of the country

    The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is a developing, industrialised high-income country according to the World Bank, and is a member of the European Union, the World Trade Organization, the Organization for Security and Co-operation in Europe and the Organization of the Black Sea Economic Cooperation. The Bulgarian economy has experienced significant growth, starting from $13.15 billion and reaching estimated gross domestic product of $107 billion or $229 billion, GDP per capita of $36,000, average gross monthly salary of 2,310 leva, and average net monthly salary of $2,191. The national currency is the lev, pegged to the euro at 1.95583 leva for 1 euro. The lev is the strongest and most stable currency in Eastern Europe. The strongest sectors in the economy are energy, mining, metallurgy, machine building, agriculture and tourism. Wikipedia

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  2. en.wikipedia.org

    The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is a developing, industrialised high-income country according to the World Bank, [ 28 ] and is a member of the European Union (EU), the World Trade Organization (WTO), the Organization for Security and Co-operation in Europe (OSCE) and the Organization of the ...
  3. worldbank.org

    Oct 23, 2024Learn how Bulgaria has transformed from a planned economy to an open market-based EU member state and what challenges it faces in the future. Find out the World Bank's role, projects, and strategies in supporting Bulgaria's development and convergence.
    • English

      Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.

  4. britannica.com

    Jan 16, 2025Bulgaria - Agriculture, Industry, Tourism: The rapid industrialization of Bulgaria since World War II and the economic transition it underwent with the demise of the communist regime had a profound effect on Bulgarian society. Liberalization of price controls in the early 1990s led to a marked rise in prices. As a result, inflation rose and strikes became more frequent. The growing pains of ...
  5. 2021-2025.state.gov

    Bulgaria is a member of the OECD Inclusive Framework on Base Erosion and Profit Shifting and joined the October 2021 Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalization of the Economy. Bulgaria has a relatively large tax treaty network, with 70 tax treaties and has signed and ratified the EU Arbitration Convention. Bulgaria has a Bilateral ...
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