Attribute | Value |
---|---|
Geography | |
Area | 110,879 km² |
Continent | Europe |
Land area | 108,489 km² |
Water area | 2,390 km² |
Land boundaries | 1,806 km |
Border countries |
|
Coastline | 354 km |
Mean elevation | 472 m |
Lowest point | 0 m |
Highest point | 2,925 m |
People | |
Population | 6,966,899 |
Official languages |
|
Religion | Eastern Orthodox |
Government | |
Long country name | Republic of Bulgaria |
Short country name | Bulgaria |
Long local name | Republika Bulgaria |
Short local name | Bulgaria |
Former name |
|
Government type | Parliamentary republic |
Capital | Sofia |
Economy | |
GDP (PPP) | 153,500,000,000 USD |
GDP (OER) | 56,940,000,000 USD |
GDP (real growth rate) | 3.6 % |
GDP - per capita (PPP) | 21,800 USD |
Gross national saving | 25.4 % of GDP |
Labor force | 3,357,000 |
Unemployment rate | 6.2 % |
Population below poverty line | 23.4 % |
Budget revenues | 20,350,000,000 USD |
Budget expenditures | 19,350,000,000 USD |
Military expenditures | 3.25 % of GDP |
Taxes and other revenues | 35.7 % of GDP |
Budget surplus or deficit | 1.8 % of GDP |
Public debt | 23.9 % of GDP |
Inflation rate | 1.2 % |
Central bank discount rate | 0 % |
Commercial bank prime lending rate | 5.41 % |
Stock of narrow money | 29,270,000,000 USD |
Stock of broad money | 29,270,000,000 USD |
Stock of domestic credit | 33,440,000,000 USD |
Market value of publicly traded shares | 14,490,000,000 USD |
Current account balance | 2,562,000,000 USD |
Exports | 29,080,000,000 USD |
Imports | 31,430,000,000 USD |
Reserves of foreign exchange and gold | 28,380,000,000 USD |
External debt | 42,060,000,000 USD |
National currency | leva |
National currency (code) | BGN |
National currency (symbol) | лв |
National currency rate to USD | 1.63 |
The Bulgars, a Central Asian Turkic tribe, merged with the local Slavic inhabitants in the late 7th century to form the first Bulgarian state. In succeeding centuries, Bulgaria struggled with the Byzantine Empire to assert its place in the Balkans, but by the end of the 14th century the country was overrun by the Ottoman Turks. Northern Bulgaria attained autonomy in 1878 and all of Bulgaria became independent from the Ottoman Empire in 1908. Having fought on the losing side in both World Wars, Bulgaria fell within the Soviet sphere of influence and became a People's Republic in 1946. Communist domination ended in 1990, when Bulgaria held its first multiparty election since World War II and began the contentious process of moving toward political democracy and a market economy while combating inflation, unemployment, corruption, and crime. The country joined NATO in 2004 and the EU in 2007.