Bulgaria GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$17,596.02

Source: world bank Nominal/PPP
Summary:

Bulgaria GDP Per Capita expanded from 1980 to 2024, increasing from $2,238.80 to $17,596.02 .The compound annual growth rate (CAGR) averaged 4.8% over the period. The economy recorded its peak level in 2024 and its lowest level in 1991. Growth volatility remained high. The maximum drawdown reached 71.79%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.

Latest GDP Per Capita of Bulgaria 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 17,596.02 dollars$ 41,969.45 Int dollars
Growth (YoY)10.993%8.087%
Net Change vs Previous Year$ 1,742.81 dollars$ 3,140.26 Int dollars
% of World GDP Per Capita15.85%21.02%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Bulgaria GDP | Bulgaria GDP Growth

Bulgaria Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970------
1971------
1972------
1973------
1974------
1975------
1976------
1977------
1978------
1979------
19802238.8-----
19812234.81-3.99-0.178 %---
19822169-65.81-2.945 %---
19831852.81-316.19-14.578 %---
19841963.57110.765.978 %---
19851914.55-49.02-2.497 %---
19862260.43345.8818.066 %---
19873132.3871.8738.571 %---
19882511.39-620.91-19.823 %---
19892477.02-34.37-1.369 %---
19902366.53-110.49-4.461 %7547.98--
1991883.74-1482.79-62.657 %7215.34-332.64-4.407 %
19921007.34123.6113.987 %6916.96-298.38-4.135 %
19931278.53271.1826.92 %7031.97115.011.663 %
19941149.89-128.63-10.061 %7337.57305.594.346 %
19952259.261109.3696.475 %7742.86405.295.524 %
19961470.19-789.07-34.926 %6849-893.86-11.544 %
19971361.41-108.78-7.399 %5750.68-1098.32-16.036 %
19981820.45459.0433.718 %6178.06427.387.432 %
19991660.91-159.54-8.764 %5807.8-370.26-5.993 %
20001621.26-39.65-2.387 %6424.15616.3410.612 %
20011770.91149.649.23 %6960.29536.148.346 %
20022092.98322.0818.187 %7786.4826.1211.869 %
20032719.49626.5129.934 %8416.416308.091 %
20043389.69670.1924.644 %9200.48784.079.316 %
20053899.83510.1415.05 %10291.431090.9511.857 %
20064523.15623.3215.983 %11405.591114.1610.826 %
20075888.571365.4230.187 %12821.841416.2512.417 %
20087271.31382.7323.482 %14346.851525.0111.894 %
20096988.27-283.03-3.892 %14188.1-158.74-1.106 %
20106853.95-134.33-1.922 %14954.25766.155.4 %
20117849.58995.6314.526 %15747.35793.095.303 %
20127431.96-417.62-5.32 %16327.34579.993.683 %
20137795.98364.024.898 %16893.77566.433.469 %
20148069.6273.623.51 %17990.761096.996.493 %
20157268.65-800.95-9.925 %18896.1905.345.032 %
20167822.5553.847.62 %20745.851849.749.789 %
20178696.69874.1911.175 %22317.251571.417.575 %
20189849.381152.6913.254 %23997.691680.437.53 %
201910353.72504.345.12 %26765.722768.0311.535 %
202010760.21406.493.926 %27351.86586.142.19 %
202112966.152205.9320.501 %30959.113607.2513.188 %
202213999.191033.057.967 %36320.145361.0317.316 %
202315853.211854.0113.244 %38829.192509.056.908 %
202417596.021742.8110.993 %41969.453140.268.087 %

Bulgaria Economic Phases (1980 - 2024)

From 1980 to 2024, Bulgaria economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1981–1982) indicating temporary slowdown
  • High Growth (1986–1987) indicating robust economic expansion
  • Contraction (1989–1990) indicating temporary slowdown
  • High Growth (1992–1993) indicating robust economic expansion
  • Contraction (1999–2000) indicating temporary slowdown
  • High Growth (2001–2008) indicating robust economic expansion
  • Contraction (2009–2010) indicating temporary slowdown
  • Expansion (2013–2014) indicating steady moderate growth
  • High Growth (2016–2019) indicating robust economic expansion
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1995 with an increase of 96.475%, while the largest decline was in 1991 at -62.657%.