At a meeting with the ambassador of Japan to Bulgaria Hisashi Michigami, Bulgarian President Rumen Radev welcomed the interest by the Japanese side in the investment and trade potential of Bulgaria. The meeting was attended by proprietors and representatives of leading Japanese companies operating in the sphere of transport, construction, the food industry, IT, cinema, tourism, culture and art, as well as local self-government in the country, the presidential press service has announced.
During the first 6 months of 2024, trade between Bulgaria and Japan totaled USD 124.1 million, USD 37.9 million in exports and USD 86.2 million in imports from Japan. Integrated circuits and electronic microassemblies, as well as chemical products account for the growth in Bulgarian exports. Cars are top of the list in Japanese imports.
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
In the first quarter of 2025, the average quarterly total income per household member in Bulgaria was BGN 3,271 (€1,672), marking a 15.2% increase..
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