How is Bulgaria a developing country?

Bulgaria is a developing country, with an upper-middle-income economy, ranking 56th in the Human Development Index. Its market economy is part of the European Single Market and is largely based on services, followed by industry—especially machine building and mining—and agriculture.

How is the economy doing in Bulgaria?

The Bulgarian economy has experienced significant growth (416\%), starting from $13.15 billion (nominal, 2000) and reaching estimated gross domestic product (GDP) of $67.9 billion (nominal, 2019 est.) or $171.185 billion (PPP, 2019 est.), GDP per capita of $24,595 (PPP, 2019 est.), average gross monthly salary of 1,543 …

Is Bulgaria a good place to live?

Bulgaria is a pretty safe country and, in fact, one of the most peaceful and safe countries in the world. It’s a nation of friendly people and low levels of violent crime.

What is special about Bulgaria?

Bulgaria is famous as the oldest country in Europe! Founded in 681 AD by Khan Asparuh and since then preserved its original name. Bulgaria is also famous for its natural diversity as mountains, plains, Black Sea Coast, rivers, lakes and hot springs.

Why Bulgaria is the best country?

Bulgaria has moved up to 58th among 73 nations in a yearly survey of the world’s best countries commissioned by U.S. News & World Report magazine. “Its location has made it susceptible to invasions in the past, but it also has provided a rich culture — the country is the birthplace of the Cyrillic script.”

Does Bulgaria have a good economy?

Bulgaria’s economic freedom score is 70.4, making its economy the 35th freest in the 2021 Index. Bulgaria is ranked 20th among 45 countries in the Europe region, and its overall score is above the regional and world averages.

What is Bulgaria known for culturally?

The culture of Bulgaria is based on an interesting blend of Thracian, Slavic and Bulgar traditions, along with the influence of the Eastern Orthodox Church. Many ancient customs remain, such as Thracian fire dancing, which is recognized by UNESCO as an Intangible Cultural Heritage.

Is Bulgaria the best country in the world?

Bulgaria has moved up to 58th among 73 nations in a yearly survey of the world’s best countries commissioned by U.S. News & World Report magazine.