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Bulgaria GDP

Bulgaria's GDP rose to $112.21 billion in 2024, up from $102.4 billion in 2023, according to World Bank. This represents an increase of 9.6% ($9.82 billion) from the previous year and accounts for 0.1% of the world's total GDP. Bulgaria has GDP higher than the global median ($112.21 billion vs median $35.85 billion). Compared with the median in Europe, Bulgaria is lower ($112.21 billion vs regional median $126.99 billion) and ranks 25th out of 48 countries in Europe.

Bulgaria's GDP per capita rose to $10,089.92 in 2024, up from $9,810.67 in 2023.

Yearly Historical Data (1980-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 112.21
2023 102.4
2022 90.51
2021 84.41
2020 70.55
2019 68.63
2018 66.25
2017 59.17
2016 53.93
2015 50.77
2014 57.08
2013 55.82
2012 54.3
2011 57.68
2010 50.69
2009 52.02
2008 54.48
2007 44.43
2006 34.38
2005 29.87
2004 26.16
2003 21.14
2002 16.4
2001 14.18
2000 13.25
1999 13.64
1998 15.03
1997 11.32
1996 12.29
1995 18.99
1994 9.71
1993 10.83
1992 8.6
1991 7.63
1990 20.63
1989 21.99
1988 22.56
1987 28.1
1986 20.25
1985 17.16
1984 17.59
1983 16.56
1982 19.34
1981 19.87
1980 19.84
Bulgaria GDP : Definition
GDP measures the total value of all goods and services produced in Bulgaria, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 2.81% 1.89% 2024
GDP per Capita $10,089.92 $9,810.67 2024
GDP per Capita PPP $34,083.24 $33,139.94 2024
R&D Expenditure (% GDP) 0.75% 0.77% 2022
Real GDP $65.02B $63.25B 2024