Balkans | And the share of the Bulgarian capital, Sofia, in the country’s economy rose to 43 percent

Home » Balkans | And the share of the Bulgarian capital, Sofia, in the country’s economy rose to 43 percent
Balkans |  And the share of the Bulgarian capital, Sofia, in the country’s economy rose to 43 percent

The share of Sofia, the capital of Bulgaria, in the country’s economy has risen to 43 percent.

According to BTA news, Petar Ganev of the Institute of Market Economics (IME) gave a presentation on the economic and investment profile in Sofia in 2022.

In the data based on the annual analysis prepared by the Sofia Investment Agency Institute, it was found that Sofia’s economy is five times larger than Plovdiv and seven times larger than Varna, another important city.

Janiv said that the share of Sofia’s economy in the country’s economy has increased from 25.6% to 42.8% in the past 20 years and that 19.5% of the country’s population lives in the capital.

Ganev also stated that the greatest growth is in the service sector, which is the locomotive sector of Sofia’s economy.

He stated that 14.7 billion euros of the 28.2 billion euros of calculated foreign direct investment in the country until the end of 2021 took place in Sofia.

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