Bulgaria
Archived page of the 2021 seindex.org. Published 30 September 2021, last updated 6 October 2021.
Country Profile
Bulgaria is a developing country, with an upper-middle-income economy. Its market economy is part of the European Single Market. Bulgaria is a member of the European Union, NATO, the Council of Europe; it is also a founding member of the OSCE.
Social entrepreneurship in he country is still in development. The lack of clear criteria for identifying social enterprises in Bulgaria and the fragmented legal framework have confused the field of social enterprises. In an effort to provide clarity, the government elaborated a draft Law on Enterprises of Social and Solidarity Economy, adopted by the National Parliament. The available legal framework for the above-mentioned organisational forms as well as the new Act parallel parts of the EU operational definition.
Country Facts and Figures [BUL]
| Value | Source | |
|---|---|---|
| Population | 6,927,288 | WB,2020 |
| Human Development Index | 0.816 | HDI,2020 |
| Gender Inequality Index | 0.206 | HDI 2020 |
| GDP (current US$) (billions) | 69,10 | WB,2020 |
| GDP growth | -4.2 | WB,2020 |
| GNI per capita, PPP ($) | 24,367.3 | WB,2020 |
| Foreign direct investment, net inflows (BoP, current US$) (millions) | 2,075,750.00 | WB,2020 |
| Domestic credit provided by financial sector (% of GDP) | 54.3 | Trading Economics, 2018 |
| Tax revenue (% of GDP) | 20.3 | WB,2019 |
| Unemployment rate | 5.7 | WB,2020 |
| Unemployment rate (male) | 4.5 | WB,2019 |
| Unemployment rate (female) | 3.87 | The global economy, 2019 |
| Unemployment rate (youth 15-24 years) | 8.9 | WB, 2019 |
| Long-term unemployment (>12 months) | 27.1 | SSO, 2020 |
| Employment rate (male) | 59.1 | SSO, 2020 |
| Employment rate (female) | 46.9 | SSO, 2020 |
| Average monthly net wage (MKD) (01.2019) | 1505 | Trading Economics, 2021 |
| Poverty rate | 23.8 | WB, 2019 |
| Child Poverty Rate (ages 0-17) | 28.3 | SSO, 2020 |
| Households with internet access (%) | 79 | Statista, 2020 |
Sources:
Human Development Index 2019
World Bank 2019 & 2020
The Global Economy 2019
Trading Economics 2021
State Statistical Office 2020
Statista 2020
More Info and Sources
- Terziev, V., Bencheva, N., Stoeva, T., Georgiev, M. [2021]. Legislative Provisions of the Social Entrepreneurship in Bulgaria
- Terziev, V., Georgiev, M. [2019]. Social Entrepreneurship: Support for Social Enterprises in Bulgaria
- Parvanov, P., Krastev, V., Atanasova, I. [2018]. Legal Opportunities for the Development of Social Enterprises Human Potential in Bulgaria
- Jeliazkova, M. [2017]. Social enterprises and their ecosystems in Europe Country report : Bulgaria