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Details about Bulgaria

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Property Investment - Expatriate Advice - Tax Efficiency

Bulgaria Facts And Figures

Here is a summary of facts and figures about Bulgaria which will assist you when making a decision about your next Bulgarian property investment.


It is prudent to find out everything possible about the area you are considering purchasing in.

We have collated some useful information on Bulgaria for potential homebuyers and property investors:

Research and Facts about Bulgaria

Location:

South-eastern Europe, bordering the Black Sea, between Romania and Turkey

Area:

110,910 sq km

land:

110,550 sq km

water:

360 sq km

Land Boundaries:

Total: 1,808 km

Border Countries:

Greece 494 km, Macedonia 148 km, Romania 608 km, Serbia and Montenegro 318 km, Turkey 240 km

Coastline:

354km (Black Sea)

Climate:

Temperate, cold, damp winters, hot, dry summers

Terrain:

Mostly mountains with lowlands in north and southeast

 

Geography:

Strategic location near Turkish Straits; controls key land routes from Europe to Middle East and Asia

Population:

7,450,349 (July 2005 est.)

Age Structure:

0-14 Years:

13.9% (male 527,881/female 502,334)

15-64 Years:

68.7% (male 2,496,054/female 2,579,680)

65 Years and Over:

17.3% (male 527,027/female 752,391) (2006 est.)

Average Age:

Total:

40.8 years

Male:

38.7 years

Female:

42.9 years (2006 est.)

Ethnic Groups:

Bulgarian 83.9%, Turk 9.4%, Roma 4.7%, other 2% (including Macedonian, Armenian, Tatar, Circassian) (2001 census)

 

Religions:

Bulgarian Orthodox 82.6%, Muslim 12.2%, other Christian 1.2%, other 4% (2001 census)

General

Languages:

Bulgarian 84.5%, Turkish 9.6%, Roma 4.1%, other and unspecified 1.8% (2001 census)

Government

Type:

Parliamentary Democracy

Capital:

Sofia

Provincial:

28 provinces; Blagoevgrad, Burgas, Dobrich, Gabrovo, Khaskovo, Kurdzhali, Kyustendil, Lovech, Montana, Pazardzhik, Pernik, Pleven, Plovdiv, Razgrad, Ruse, Shumen, Silistra, Sliven, Smolyan, Sofiya, Sofiya-Grad, Stara Zagora, Turgovishte, Varna, Veliko Turnovo, Vidin, Vratsa, Yambol

 

Independence:

22 September 1908 (complete independence from the Ottoman Empire)

Economy

Currency:

Leva (BGL)

Exchange Rates:

1.00 BGL = 0.513196 EUR (€)
1.00 BGL = 0.347734 GBP (£)
1.00 BGL = 0.614402 USD ($) (Dec“ 05)

GDP:

€51,183,000 (Est 2004)

GDP Growth Rate:

6.5% (2006 est.)

Economic Sectors:

Agriculture: 11.5%
industry: 30.1%
services: 58.4% (2004 est.)

Labour Occupations:

Agriculture 11%, industry 32.7%, services 56.3% (2004 est.)

Unemployment Rate:

9.6% (2006 est.)

Inflation Rate:

6.5% (2006 est.)

Agriculture Produce:

Vegetables, fruits, tobacco, livestock, wine, wheat, barley, sunflowers, sugar beets

Transportation

Railways:

Total: 4,294 km track

Motorways:

328km (not including EU funded Motorways under construction)

Waterways:

470km

Airports:

213

International Airports:

Burgas BOJ
Plovdiv PDV
Sofia SOF
Varna VAR

Ports & Harbours:

Burgas, Varna (Black Sea)

Communications

Mains Telephones:

2.483 million (2005)

Mobile Telephones:

6.245 million (2005)

Television Stations:

39 Terrestrial plus Satellite

Internet Users:

2.2 million (2005)

Country Internet Code:

.bg

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