Economic review and Business Chances for Japanese and foreign investors in Bulgaria:
- fiscally sound Bulgarian budget
- Bulgarian currency (BGN) is fixed to euro (1 EUR = 1.95583 BGN)
- Bulgarian credit rating is Baa1 by Moody’s and BBB by Fitch and S&P (Oct 2019)
- GDP growth 3.4% in 2019, (GDP) of $67.9 billion (nominal) or $171.185 billion (PPP)
(Intra-EU trade accounts for 69% of Bulgaria’s exports and 64% of imports)
- Bulgaria’s economy grows, exports strongly in specific areas – our core competence:
i. Agriculture
ii. Tourism
iii. Manufacturing (incl. food and IT industry)
iv. Real estate (some segments tied to foreign investments)
v. Focused services (consulting, startup)