Compare Bulgaria (2008) - Bulgaria (2007)

Compare Bulgaria (2008) z Bulgaria (2007)

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	Bulgaria (2008)	Bulgaria (2007)

Budget	revenues: $16.62 billion expenditures: $15.18 billion (2007 est.)	revenues: $12.86 billion expenditures: $11.73 billion (2006 est.)
Debt - external	$29.29 billion (30 June 2007)	$26.63 billion (2006 est.)
Economy - overview	Bulgaria, a former communist country that entered the EU on 1 January 2007, has experienced strong growth since a major economic downturn in 1996. Successive governments have demonstrated commitment to economic reforms and responsible fiscal planning, but have failed so far to rein in rising inflation and large current account deficits. Bulgaria has averaged more than 6% growth since 2004, attracting significant amounts of foreign direct investment, but corruption in the public administration, a weak judiciary, and the presence of organized crime remain significant challenges.	Bulgaria, a former communist country that entered the EU on 1 January 2007, has experienced macroeconomic stability and strong growth since a major economic downturn in 1996 led to the fall of the then socialist government. As a result, the government became committed to economic reform and responsible fiscal planning. Minerals, including coal, copper, and zinc, play an important role in industry. In 1997, macroeconomic stability was reinforced by the imposition of a fixed exchange rate of the lev against the German D-mark - the currency is now fixed against the euro - and the negotiation of an IMF standby agreement. Low inflation and steady progress on structural reforms improved the business environment; Bulgaria has averaged 5.1% growth since 2000 and has begun to attract significant amounts of foreign direct investment. Corruption in the public administration, a weak judiciary, and the presence of organized crime remain the largest challenges for Bulgaria.
Exchange rates	leva per US dollar - 1.4366 (2007), 1.5576 (2006), 1.5741 (2005), 1.5751 (2004), 1.7327 (2003)	leva per US dollar - 1.5576 (2006), 1.5741 (2005), 1.5751 (2004), 1.7327 (2003), 2.077 (2002)
Executive branch	chief of state: President Georgi PARVANOV (since 22 January 2002); Vice President Angel MARIN (since 22 January 2002) head of government: Prime Minister Sergei STANISHEV (since 16 August 2005); Deputy Prime Ministers Ivaylo KALFIN, Daniel VULCHEV, and Emel ETEM (since 16 August 2005) cabinet: Council of Ministers nominated by the prime minister and elected by the National Assembly elections: president and vice president elected on the same ticket by popular vote for a five-year term (eligible for a second term); election last held 22 and 29 October 2006 (next to be held in 2011); chairman of the Council of Ministers (prime minister) nominated by the president and elected by the National Assembly; deputy prime ministers nominated by the prime minister and elected by the National Assembly election results: Georgi PARVANOV reelected president; percent of vote - Georgi PARVANOV 77.3%, Volen SIDEROV 22.7%; Sergei STANISHEV elected prime minister, result of legislative vote - 168 to 67	chief of state: President Georgi PARVANOV (since 22 January 2002); Vice President Angel MARIN (since 22 January 2002) head of government: Prime Minister Sergei STANISHEV (since 16 August 2005); Deputy Prime Ministers Ivaylo KALFIN, Daniel VULCHEV, and Emel ETEM (since 16 August 2005) cabinet: Council of Ministers nominated by the prime minister and elected by the National Assembly elections: president and vice president elected on the same ticket by popular vote for a five-year term (eligible for a second term); election last held 22 and 29 October 2006 (next to be held in 2011); chairman of the Council of Ministers (prime minister) nominated by the president and elected by the National Assembly; deputy prime ministers nominated by the prime minister and elected by the National Assembly election results: Georgi PURVANOV reelected president; percent of vote - Georgi PURVANOV 77.3%, Volen SIDEROV 22.7%; Sergei STANISHEV elected prime minister, result of legislative vote - 168 to 67
Flag description	three equal horizontal bands of white (top), green, and red note: the national emblem, formerly on the hoist side of the white stripe, has been removed	three equal horizontal bands of white (top), green, and red; note - the national emblem, formerly on the hoist side of the white stripe, has been removed
GDP - composition by sector	agriculture: 8.1% industry: 31.3% services: 60.7% (2007 est.)	agriculture: 8.5% industry: 31.5% services: 60% (2006 est.)
GDP - real growth rate	6.1% (2007 est.)	6.1% (2006 est.)
Industrial production growth rate	5.5% (2007 est.)	11.3% (Third Quarter)
Inflation rate (consumer prices)	7.8% (2007 est.)	7.3% (2006 est.)
International organization participation	ACCT, Australia Group, BIS, BSEC, CE, CEI, CERN, EAPC, EBRD, EIB, EU (new member), FAO, G- 9, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NAM (guest), NATO, NSG, OAS (observer), OIF, OPCW, OSCE, PCA, SECI, UN, UNCTAD, UNESCO, UNIDO, UNMEE, UNMIL, UNMIS, UNWTO, UPU, WCL, WCO, WEU (associate affiliate), WFTU, WHO, WIPO, WMO, WTO, ZC	ACCT, Australia Group, BIS, BSEC, CE, CEI, CERN, EAPC, EBRD, EU (new member), FAO, G- 9, IAEA, IBRD, ICAO, ICCt, ICRM, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NAM (guest), NATO, NSG, OAS (observer), OIF, OPCW, OSCE, PCA, SECI, UN, UNCTAD, UNESCO, UNIDO, UNMEE, UNMIL, UNMIS, UNWTO, UPU, WCL, WCO, WEU (associate affiliate), WFTU, WHO, WIPO, WMO, WTO, ZC
Labor force	3.44 million (2007 est.)	3.416 million (2006 est.)
Legislative branch	unicameral National Assembly or Narodno Sobranie (240 seats; members elected by popular vote to serve four-year terms) elections: last held 25 June 2005 (next to be held in June 2009) election results: percent of vote by party - CfB 31.1%, NMS2 19.9%, MRF 12.7%, ATAKA 8.2%, UDF 7.7%, DSB 6.5%, BPU 5.2%, other 8.7%; seats by party - CfB 83, NMS2 53, MRF 33, UDF 20, ATAKA 17, DSB 17, BPU 13, independents 4; note - seats by party as of January 2008 - CfB 82, NMS2 36, MRF 34, UDF 16, DSB 16, Bulgarian New Democracy 16, BPU 13, ATAKA 11, independents 16	unicameral National Assembly or Narodno Sobranie (240 seats; members elected by popular vote to serve four-year terms) elections: last held 25 June 2005 (next to be held in June 2009) election results: percent of vote by party - CfB 31.1%, NMS2 19.9%, MRF 12.7%, ATAKA 8.2%, UDF 7.7%, DSB 6.5%, BPU 5.2%, other 8.7%; seats by party - CfB 83, NMS2 53, MRF 33, UDF 20, ATAKA 17, DSB 17, BPU 13, independents 4
Military branches	Bulgarian Armed Forces: Ground Forces, Naval Forces, Bulgarian Air Forces (Bulgarski Voennovazdyshni Sily, BVVS) (2008)	Bulgarian Armed Forces: Ground Forces, Naval Forces, Bulgarian Air Forces (Bulgarski Voennovazdyshni Sily, BVVS) (2006)
Pipelines	gas 2,500 km; oil 339 km; refined products 156 km (2007)	gas 2,505 km; oil 339 km; refined products 156 km (2006)
Political parties and leaders	ATAKA (Attack Coalition) (coalition of parties headed by the Attack National Union); Attack National Union [Volen SIDEROV]; Bulgarian Agrarian National Union-People's Union or BANU [Anastasia MOZER]; Bulgarian New Democracy [Borislav RALCHEV]; Bulgarian People's Union or BPU (coalition of UFD, IMRO, and BANU); Bulgarian Socialist Party or BSP [Sergei STANISHEV]; Citizens for the European Development of Bulgaria or GERB [Boyko BORISOV]; Coalition for Bulgaria or CfB (coalition of parties dominated by BSP) [Sergei STANISHEV]; Democrats for a Strong Bulgaria or DSB [Ivan KOSTOV]; Internal Macedonian Revolutionary Organization or IMRO [Krasimir KARAKACHANOV]; Movement for Rights and Freedoms or MRF [Ahmed DOGAN]; National Movement for Stability and Progress or NDSV [Simeon SAXE-COBURG-GOTHA]; New Time [Emil KOSHLUKOV]; Union of Democratic Forces or UDF [Petar STOYANOV]; Union of Free Democrats or UFD [Stefan SOFIYANSKI]; United Democratic Forces or UtDF (a coalition of center-right parties dominated by UDF)	ATAKA (Attack Coalition) (coalition of parties headed by the Attack National Union); Attack National Union [Volen SIDEROV]; Bulgarian Agrarian National Union-People's Union or BANU [Anastasia MOZER]; Bulgarian People's Union or BPU (coalition of UFD, IMRO, and BANU); Bulgarian Socialist Party or BSP [Sergei STANISHEV]; Coalition for Bulgaria or CfB (coalition of parties dominated by BSP) [Sergei STANISHEV]; Democrats for a Strong Bulgaria or DSB [Ivan KOSTOV]; Internal Macedonian Revolutionary Organization or IMRO [Krasimir KARAKACHANOV]; Movement for Rights and Freedoms or MRF [Ahmed DOGAN]; National Movement for Simeon II or NMS2 [Simeon SAXE-COBURG-GOTHA]; New Time [Emil KOSHLUKOV]; Union of Democratic Forces or UDF [Petar STOYANOV]; Union of Free Democrats or UFD [Stefan SOFIYANSKI]; United Democratic Forces or UtDF (a coalition of center-right parties dominated by UDF)
Unemployment rate	8% (2007 est.)	9.6% (2006 est.)

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