Bulgaria – Fast Facts
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Bulgaria is a Lower Middle Income economies coming under the European and Central Asian Region as to the classification made by the World Bank on the basis of Income and region for the year 2006
The economic reform process adopted by the country during 1996 got failure due to mismanagement and unstable banking practices. Among various sectors of the economy, the services sector shares a larger portion of the total Gross Domestic Product followed by Industry.
Bulgaria is a Lower Middle Income economies coming under the European and Central Asian Region as to the classification made by the World Bank on the basis of Income and region for the year 2006
The economic reform process adopted by the country during 1996 got failure due to mismanagement and unstable banking practices. Among various sectors of the economy, the services sector shares a larger portion of the total Gross Domestic Product followed by Industry.
Major agricultural products of the country are tobacco, fruits, livestock and wheat. Important industries of the country are textiles, chemicals, cement, food processing and steel.
