|
Bulgaria economy has been greatly bolstered by the service sector which contributes around 58% to it. The industrial sector comes next in line and contributes around 30%. The rest is taken care of by the agricultural and forestry sectors. The imports and exports also contribute their share. While the major exports include footwear and clothing, the imports comprised of oil and gas. Bulgaria's trade relations with other European nation's like Germany and Italy serves to help its economic growth. A study of the economic indicators of Bulgaria reveal that the country's GDP witnessed a high of 5% in 2000-2002. The inflation rate fluctuated over the past four years and varied between 5.6% in 2003 to 6% in 2004, 5% in 2005 to 6.5% in 2006. The official exchange rate was recorded at 1.56. The agriculture, industries, trade, tourism and other economic activities all contribute to the Bulgarian economy.
For more information log into
|
