Investor Presentaiton
Bulgaria overview
Key Facts on Bulgaria
Territory:
Capital (2022):
Population (2022):
Nominal GDP (2022)1:
☐
Currency:
Exchange rate:
☐
Credit ratings:
■
Next regular elections:
110,996.71 sq. km
Sofia (population 1.28 million)
6.45 million (1.4% of EU population)
Sofia
EUR 85.799 billion (BGN 167.81 billion); 3.9% real GDP growth year-on-year
Lev ("BGN"), fixed to to Euro since 19992
EUR/BGN: 1.95583
Baa1 (Stable) by Moody's, BBB (Stable) by S&P and BBB (Positive) by
Fitch
Presidential: 2026
Recent Key Dates
EU members
Became a
Introduced
Signed the EU
Member of the
UN
currency board Treaty of Accession
New Public Finance Decision on inclusion of
Act enforced
Bulgarian lev in ERM II was
taken
Roadmap for Bulgaria accession
to the OECD
1955
1990
1997 2004
2005
2007
2014
29 Jun 2018 10 Jul 2020 14 Nov 2021
Joined IMF
and IBRD
Joined NATO
Joined the EU
Readiness to join ERM II and
Bank Union expressed
THE WORLD BANK
IBRD -IDA
NATO
OTAN
Black Sea
Seats in the Parliament
There is
Such
Parliamentary
elections held
and a coalition
Government
was formed
2022 2023YTD
2 April 2023 -
Parliamentary elections
6 June 2023 -
Parliament elects Nikolai
Denkov as Prime Minister
29 October 2023
Local elections
■Bulgarian People; 11
Socialist
Party for
Bulgaria;
23
Revival; 37
Non-members of
parliamentary
groups; 1
O
Movement for Rights
and Freedoms; 36
ㅁ
■ GERB-
UDF; 69
We Continue
the Change;
63
Sources: National Statistics Institute ("NSI"), Eurostat, BNB;
I All data in the presentation referring to GDP in 2022 are according to the data as of 19 October 2023; 2 Bulgaria maintains a currency board arrangement pursuant to which the exchange rate for the Lev has been fixed to the
Deutsche Mark since 1 July 1997 and subsequently to the Euro since 1 January 1999
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