PEST Analysis: Bulgaria

June 2021

Bulgaria’s ‘mostly free’ status for economic freedom continues to be adversely impacted by widespread corruption. However, low public debt remains sustainable and is not a threat to sovereign credit ratings. A relatively solid economic rebound is forecast in the medium term, whilst a low tax burden is attractive for foreign investors. Nevertheless, ageing is accelerating against the backdrop of depopulation. Internet use is on the rise, but delays in 5G rollout could impact competitiveness.

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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Industry, Infrastructure and Environment industry in Bulgaria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Industry, Infrastructure and Environment in Bulgaria report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: Bulgaria


Chart 1 Main PEST Points in Bulgaria


Chart 2 Political Environment Dynamics in Bulgaria Summary 1 Political Environment Analysis in Bulgaria


Chart 3 Economic Environment Dynamics in Bulgaria Summary 2 Economic Environment Analysis in Bulgaria


Chart 4 Social Environment Dynamics in Bulgaria Summary 3 Social Environment Analysis in Bulgaria


Chart 5 Technological Environment Dynamics in Bulgaria Summary 4 Technological Environment Analysis in Bulgaria

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  • Analyse growth opportunities and assess market potential
  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making


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