IMF Staff Country Reports

Bulgaria: Selected Issues Paper

Publication Date:

January 30, 2014

Electronic Access:

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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.

Series:

Country Report No. 2014/024

Subject:

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