Bulgaria - General economic indicators
Indicators |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
1. GDP, USD bln |
9.9 |
10.1 |
12.2 |
12.0 |
12.0 |
13.6 |
2. GDP per capita, USD |
1,189 |
1,224 |
1,484 |
1,499 |
1,479 |
1,710 |
3. Real GDP growth rate, % |
-10.1 |
-6.9 |
3.5 |
2.4 |
5.8 |
4.0 |
4. Industrial production growth rate, % |
5.1 |
-10.0 |
-12.7 |
-11.4 |
4.3 |
8.4 |
5. Annual inflation rate, % |
310.8 |
578.6 |
1.0 |
6.2 |
11.4 |
4.8 |
6. Annual unemployment rate, % |
12.5 |
13.7 |
12.2 |
16.0 |
18.1 |
17.5 |
7. Average monthly gross salary, USD |
79.4 |
76.3 |
106.5 |
109.4 |
112.1 |
115.9 |
8. Current account balance, USD mln |
163.7 |
1,046.3 |
-61.4 |
-651.7 |
-701.6 |
-877.9 |
9. Gross external debt stock, end of year, USD bln |
9.6 |
9.8 |
10.3 |
10.2 |
10.4 |
9.9 |
10. Foreign exchange reserves, USD bln |
0.5 |
2.1 |
2.7 |
2.9 |
3.7 |
4.1 |
11. Exchange rate of BGN for 1 USD, end of year |
175.8 |
1,676.5 |
1,760.4 |
1.838 1 |
2.124 |
2.219 |
Source:Bulgarian National Bank, Ministry of Finance, National Statistical Institute, National Employment Service, Agency for Economic Analyses and Prognoses
Notes:1 On 5 July 1999 the BGL was denominated in a 1000:1 ratio (BGN)
Operational costs in Bulgaria (September 2002)
Monthly salary, average, year 2001, EUR |
130 |
Nominal salary growth, year 2001, % |
7.3 |
Office rent in Sofia, average, EUR per sq m/month |
2.5-7 |
Office purchase price in Sofia, average, EUR per sq m |
325-520 |
Apartment purchase price in Sofia, average, EUR per sq m |
299 |
Price of land, year 2001 average |
|
Agricultural land, EUR per 1,000 sq m |
35-179 |
Industrial land, EUR per 1 sq m |
15-25 |
Construction |
|
Costs of construction (average incl. heating, electricity, water) |
|
Industrial construction, EUR per 1 sq m |
160-180 |
Office building construction, EUR per 1 sq m |
210-230 |
Cost of architectural designing, EUR per 1 sq m |
4-6 |
Time period for completion (average, industrial building of 8,000-9,000 sq m built-up area), months |
8-12 |
Water charges for industrial use in Sofia, EUR per m3 |
0.13 |
Water charges for household use in Sofia, EUR per m3 |
0.16 |
Telephone installation charges including VAT, EUR |
61 |
Monthly telephone subscription fee, EUR |
private–2.56; business–4.62 |
Telephone transfer charges, EUR |
private–20.45; business–30.68 |
International phone call from Bulgaria per 1 min, EUR |
to Europe:0.31-0.41; 0.16-0.21; to the USA:0.74-0.20 |
Electricity Prices per kWh including VAT, EUR |
|
Electricity for industrial use, medium voltage (1 kV – 60 kV) |
|
3 tariff-reading |
|
pick electricity |
0.070 |
day electricity |
0.043 |
night electricity |
0.027 |
2 tariff-reading |
|
day electricity |
0.056 |
night electricity |
0.027 |
1 tariff-reading electricity |
0.053 |
Electricity for household use |
|
day electricity |
0.065 |
night electricity |
0.035 |
Motor fuel including VAT (average as of June 2002), EUR |
|
Gasoline A-95H unleaded |
0.65 |
Diesel fuel |
0.5 |
Natural gas including VAT, EUR per m3 |
0.15 |
|