Bulgaria: Economic Factors

1992 1993 1994 1995 1996*
Private sector: % GDP 25 36 4045 n/a
Growth rate: % -7.3-2.4+1.4+2.5+3.0
Unemployment: %15.616.412.810.511.0
Inflation: % 79.4 63.9121.933.0160.0
Budget balance: % GDP-15.0-15.7-6.6-6.7-6.0
Trade balance (US$m)-212-885-17 n/a n/a
Current account balance (US$m)-360-1,098 -32 n/a n/a
Overall balance (US$m)271-322-144 n/a n/a
Foreign currency reserves: months' imports 2.11.4 2.3 2.9 n/a
Social security spending (% total spending)33.8233.0227.99n/an/a
Domestic debt (% expenditure)48.6982.29117.64 n/a n/a
Foreign debt (% expenditure)97.1188.64261.78n/a n/a
Exchange rate: leva to US$ 1.0024.532.766.5 70.9231.2
Source: EBRD, IMF and others


Table Index | Bulgaria