Economic resilience despite government instability

BB1

LOW RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Updated in January 2025.

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Form of state Parliamentary republic
Head of government

Rosen Zhelyazkovr (Prime Minister)

Next elections 2026, Presidential
Strenghts
  • EU membership and good international relations
  • Currency board has withstood global turbulence since 2008 and BGN is currently not overvalued 
  • History of prudent fiscal policies 
  • Comfortable external finances
  • Adequate business environment
Weaknesses
  • Slow progress on EU-required judicial reform and anti-corruption measures
  • Government instability 
  • Public discontent about living standards
  • Vulnerability to external shocks due to high export dependency
(% of total, 2023)
(% of total, annual2023)
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.