The World Bank In Bulgaria

Bulgaria has undergone a significant transformation over the past three decades. It has transformed from a highly centralized, planned economy to an open, market-based, upper-middle-income economy securely anchored in the EU.

Featured

PRESS RELEASE

Urgent Need for Better Targeted Support to Protect the Most Vulnerable in the EU

EU Regular Economic Report: "Energizing Europe—Inclusive Growth: Inflation Chipping Away Income Gains" analyzes economic developments and prospects among EU Member States with a focus on inclusion.
PRESS RELEASE

The World Bank to help Bulgaria benefit from its geothermal resources

The World Bank will provide analytical and advisory support to the Bulgarian Ministry of Energy to make the most of the country’s geothermal natural assets.
Brief

Bulgaria: A Path to Reaching High-Income Status

Conclusions of the latest Country Economic Memorandum, prepared by the World Bank

Bulgaria At-A-Glance

Following a contraction of 4.4 percent in 2020, economic recovery gained momentum in 2021. The economy grew by 4.4 percent in 2021 and by a further 4.5 percent in the first half of 2022, with export and consumption acting as the main growth engines.

Overview

Country Data

Data

Reimbursable Advisory Service

Water Resources Management

The World Bank’s advisory support is designed to provide for a sound scientific methodological approach (based on EU best practice), which ensures a robust scientific background and significantly limits use of expert judgement for the plans’ development.

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Research

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Bulgaria in Figures

Bulgaria's economy grew by 3.4 percent in 2016

Bulgaria’s economic recovery continued in 2016 and supported improved fiscal performance but the medium-term outlook remains challenging. Stronger growth and improvements in the labor market have contributed to poverty reduction. Further gains in growth, poverty reduction and shared prosperity would hinge on strengthening institutions, boosting the skills and employability of the labor force, and improving the effectiveness and efficiency of public spending. Read more...