GDP growth (annual %) (UNESCO Institute) in Bulgaria
Bulgaria: GDP growth (annual %) (UNESCO Institute) was 2.8% in 2024. ◆ Volatile
Latest (2024)
2.8%
Change on year
up 49.0%
World rank
119th
of 212 countries
All-time high
10.9%
in 1988
All-time low
-14.1%
in 1997
Years of data
44
1981–2024
GDP growth in Bulgaria, 1981–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2024, gdp growth in Bulgaria stood at 2.8%.
The figure is up 49.0% on the previous year and up 196.0% over ten years.
Over the whole period, gdp growth in Bulgaria peaked at 10.9% in 1988 and was at its lowest, -14.1%, in 1997.
That places Bulgaria 119th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Bulgaria, year by year
| Year | annual % | Change |
|---|---|---|
| 1981 | 4.9% | — |
| 1982 | 2.3% | -52.4% |
| 1983 | 3.4% | +46.9% |
| 1984 | 3.4% | -1.0% |
| 1985 | 2.7% | -21.0% |
| 1986 | 4.2% | +56.8% |
| 1987 | 6.1% | +43.9% |
| 1988 | 10.9% | +80.8% |
| 1989 | -3.3% | -130.1% |
| 1990 | -9.1% | +177.1% |
| 1991 | -8.4% | -7.4% |
| 1992 | -7.3% | -13.9% |
| 1993 | -1.5% | -79.6% |
| 1994 | 1.8% | -222.8% |
| 1995 | 2.9% | +57.4% |
| 1996 | 5.2% | +81.9% |
| 1997 | -14.1% | -371.2% |
| 1998 | 3.8% | -126.8% |
| 1999 | -8.4% | -321.6% |
| 2000 | 4.6% | -154.6% |
| 2001 | 3.8% | -16.6% |
| 2002 | 5.9% | +53.6% |
| 2003 | 5.2% | -10.8% |
| 2004 | 6.5% | +24.3% |
| 2005 | 7.1% | +8.4% |
| 2006 | 6.8% | -3.6% |
| 2007 | 6.7% | -2.2% |
| 2008 | 6.1% | -7.9% |
| 2009 | -3.3% | -154.6% |
| 2010 | 1.6% | -146.5% |
| 2011 | 2.1% | +34.4% |
| 2012 | 0.7% | -64.2% |
| 2013 | -0.5% | -172.5% |
| 2014 | 0.9% | -274.9% |
| 2015 | 3.4% | +257.8% |
| 2016 | 3.0% | -10.9% |
| 2017 | 2.7% | -9.3% |
| 2018 | 2.5% | -7.2% |
| 2019 | 3.8% | +48.6% |
| 2020 | -3.2% | -184.9% |
| 2021 | 7.8% | -342.0% |
| 2022 | 4.0% | -48.1% |
| 2023 | 1.9% | -53.3% |
| 2024 | 2.8% | +49.0% |
Bulgaria compared with similar countries
- Bulgaria's 2.8% is above the median for high income countries, which is 2.3%, 1.2× the median. (83 countries reporting)
- Bulgaria's 2.8% is above the median for Europe & Central Asia, which is 2.3%, 1.2× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.9% | -3.3% | 10.9% | 9 |
| 1990s | -3.5% | -14.1% | 5.2% | 10 |
| 2000s | 4.9% | -3.3% | 7.1% | 10 |
| 2010s | 2.0% | -0.5% | 3.8% | 10 |
| 2020s | 2.7% | -3.2% | 7.8% | 5 |
Countries ranked near Bulgaria
More population data for Bulgaria
- Population regions with projections, annual growth rate -0.7245 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -2.34 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.7245 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1.18 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,187 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.8803 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.921 % change on previous year (2100)
- Population growth rate -0.733 (2100)
- Population density 32.53 (2100)
- Projected population under age 5 146,527 (2100)
Frequently asked questions
- What is gdp growth in Bulgaria?
- Gdp growth in Bulgaria was 2.8% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Bulgaria?
- The highest recorded value was 10.9% in 1988.
- What is the lowest gdp growth recorded in Bulgaria?
- The lowest recorded value was -14.1% in 1997.
- How does Bulgaria rank for gdp growth?
- Bulgaria ranks 119th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Bulgaria?
- Over the last ten years it is up 196.0%. The long-run trend across the full record is volatile.
- Where does this Bulgaria data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release