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Bulgaria Real GDP

Bulgaria's real GDP rose to $65.02 billion in 2024, up from $63.25 billion in 2023, according to World Bank. This represents an increase of 2.8% ($1.78 billion) from the previous year and accounts for 0.07% of the world's total real GDP. Bulgaria has real GDP higher than the global median ($65.02 billion vs median $29.34 billion). Compared with the median in Europe, Bulgaria is lower ($65.02 billion vs regional median $78.54 billion) and ranks 27th out of 47 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 Real GDP (Billion USD)
2024 65.02
2023 63.25
2022 62.07
2021 59.66
2020 55.36
2019 57.2
2018 55.11
2017 53.74
2016 52.3
2015 50.77
2014 49.1
2013 48.64
2012 48.9
2011 48.54
2010 47.54
2009 46.82
2008 48.44
2007 45.64
2006 42.79
2005 40.07
2004 37.43
2003 35.14
2002 33.39
2001 31.54
2000 30.38
1999 29.04
1998 31.71
1997 30.55
1996 35.57
1995 33.81
1994 32.87
1993 32.28
1992 32.77
1991 35.34
1990 38.6
1989 42.47
1988 43.91
1987 39.58
1986 37.32
1985 35.81
1984 34.88
1983 33.73
1982 32.61
1981 31.87
1980 30.38
Bulgaria Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Bulgaria, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $112.21B $102.4B 2024
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