Bulgaria
On this page you will find beneficial information regarding foreign direct investment in / trading with Bulgaria. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Republic
Population: 6.465 million (2022)
GDP: 89.04 billion USD (2022)
Corporate Tax Rate: 10%
Personal Income Tax Rate: 10%
Major Exports: The top exports of Bulgaria are Refined Petroleum ($3.55B), Petroleum Gas ($1.81B), Refined Copper ($1.73B), Wheat ($1.72B), and Electricity ($1.62B), exporting mostly to Germany ($6.91B), Romania ($6.55B), Italy ($3.85B), Turkey ($2.95B), and Greece ($2.93B). In 2022, Bulgaria was the world's biggest exporter of Iron Pyrites ($35.6M).
Major Imports: The top imports of Bulgaria are Crude Petroleum ($3.61B), Petroleum Gas ($3.56B), Copper Ore ($2.3B), Cars ($1.56B), and Packaged Medicaments ($1.36B), importing mostly from Germany ($5.63B), Russia ($5.55B), Turkey ($4.88B), Romania ($3.9B), and Greece ($3.62B). In 2022, Bulgaria was the world's biggest importer of Sunflower Seeds ($764M).
Investment Agency: InvestBulgaria Agency
Website: https://investbg.government.bg/
