IMF Staff Country Reports

Bulgaria: Selected Issues Paper

January 30, 2014

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Format: Chicago

International Monetary Fund. European Dept. "Bulgaria: Selected Issues Paper", IMF Staff Country Reports 2014, 024 (2014), accessed 12/20/2025, https://doi.org/10.5089/9781484396339.002

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Summary

This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key constraints to growth suggested by cross-country competitiveness studies. Bulgaria’s GDP has grown substantially since economic and financial stabilization in 1997. The global economic crisis had a major effect on Bulgarian growth and employment. After falling by 5½ percent in 2009, real GDP has grown at a low rate, and by 2012 real GDP was still 3 percent short of its 2008 level. However, employment growth was negative during 2009–2012, and the first small uptick occurred only in 2013.

Subject: Employment, Expenditure, Health, Health care spending, Income, Labor, National accounts, Pension spending, Social assistance spending

Keywords: Bulgaria, CR, crisis, crisis experience, crisis response, Eastern Europe, Employment, EU country, Europe, GDP, Global, Health care spending, health system's performance, Income, ISCR, NSI Bulgaria, Pension spending, population risk, Social assistance spending