The Bulgarian National Bank - BNB has made a forecast for inflation and economic growth that is significantly gloomier than that of the Ministry of Finance. According to the BNB, inflation will continue to be high and at the end of 2022 it will reach 7.5%. Expectations in the draft budget of the ruling coalition are for 5.6%.
During the year, economic growth will slow to 3.6%, according to the BNB, while the Ministry of Finance expects GDP growth of 4.8%.
The BNB forecast is based on the assumption that oil, natural gas and electricity prices would continue to rise on an annual basis until the end of the third quarter of 2022. After that there would be a decline until the end of 2023.
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
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