Menu Close

What is the GDP of Bulgaria 2020?

What is the GDP of Bulgaria 2020?

68.56 billion US dollars
In 2020, GDP for Bulgaria was 68.56 billion US dollars. GDP of Bulgaria increased from 14.18 billion US dollars in 2001 to 68.56 billion US dollars in 2020 growing at an average annual rate of 9.25%.

What is the GDP and per capita income of Bulgaria?

The Bulgarian economy has experienced significant growth (416%), starting from $13.15 billion (nominal, 2000) and reaching estimated gross domestic product (GDP) of $67.9 billion (nominal, 2019 est.) or $171.185 billion (PPP, 2019 est.), GDP per capita of $24,595 (PPP, 2019 est.), average gross monthly salary of 1,500 …

What is Croatia GDP?

around 60.76 billion U.S. dollars
In 2019, the gross domestic product of Croatia had amounted to around 60.76 billion U.S. dollars.

What is the GDP of Eritrea 2020?

2.09$
Eritrea: Gross domestic product (GDP) in current prices from 1996 to 2026 (in billion U.S. dollars)

Characteristic Gross domestic product in billion U.S. dollars
2020* 2.09$
2019* 1.98$
2018 2.01$
2017 1.9$

Is Bulgaria richer than Russia?

Bulgaria has a GDP per capita of $21,800 as of 2017, while in Russia, the GDP per capita is $27,900 as of 2017.

Why is Slovenia so rich?

Slovenia’s economy is highly dependent on foreign trade. Trade equals about 120% of GDP (exports and imports combined). About two-thirds of Slovenia’s trade is with other EU members. However, despite the economic slowdown in Europe in 2001–03, Slovenia maintained a 3% GDP growth.

Does Croatia have a good economy?

Croatia’s economic freedom score is 63.6, making its economy the 79th freest in the 2021 Index. Its overall score has increased by 1.4 points, primarily because of an improvement in the tax burden score.

Is Eritrea poor or rich?

Eritrea is one of the world’s poorest countries. Poverty is rampant, and the severity of the war, compounded by the effects of drought, forced the migration of about 1 million people (1998 est.) to neighboring Sudan, decreasing the resident population to 3.5 million.

Which country has lowest GDP?

In 2020, Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia….The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)

Characteristic GDP per capita in U.S. dollars
Burundi 253.59

Why is Bulgaria so poor?

Causes and recommendations. The IME says the biggest causes of deep poverty in Bulgaria are a lack of education and low wages. When the unemployed do manage to get work, they are paid on average only 18.4% more than they would receive on welfare benefits.

What country has the largest GDP?

Ranking the Richest Countries in the World United States. The United States’ economy is the largest in the world as measured by nominal GDP. China. China has the world’s second largest nominal GDP in current dollars and the largest in terms of PPP. Japan. Japan is the third largest economy in the world. Germany. India. United Kingdom. France. Italy. Brazil. Canada.

What is the type of economy of Bulgaria?

Bulgaria’s economy is an open free market, with a large and advanced private sector. Critical and strategic industries are owned by the state. The World Bank classifies the Bulgarian economy as an upper middle income economy.

What is the currency of Bulgaria?

The currency used in Bulgaria is Bulgarian lev

What kind of economy was in Bulgaria?

The World Bank classifies the Bulgarian economy as an upper middle income economy. The country’s economy has registered steady growth in the recent past, although it still remains one of the least developed countries in Europe. Bulgaria’s economy relies on industry, although the service sector has started to contribute to the GDP growth as well.