Latin American and Caribbean countries need to do more to improve budget management, tax collection and public sector pay equality if they are to catch up with advanced economies in terms of government performance, according to a joint report by the OECD and the Inter-American Development Bank (IDB).

Knowledge sharing is critical in fostering urban green growth. Cities in dynamic Asia urgently need to adopt and strengthen green growth models that take into account rapid urbanisation, industrialisation, and motorisation.

Colombia has engaged in a sustained process of fiscal decentralisation over the past decades. Evidence is presented that the current framework is conducive to fiscal sustainability, especially after the reforms in the late 1990s and early 2000s.

The Paris floods are another call to action for the international community. Preventing such shocks from happening and limiting the damage they cause should be a public policy priority.

Internet access and use is growing in Latin America and the Caribbean (LAC), but the region needs to move faster in adding broadband infrastructure, expanding access and services and equipping people with the right skills for firms and households to fully benefit, according to a new OECD report.

Fiscal decentralisation can lead to a more efficient provision of local public goods and services and promote a better match between policies and citizens’ preferences.

Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.

Description of regulatory policy activities in the Latin American and Caribbean region.

This meeting aimed to identify practical policy options for Latin American governments in the formulation of their investment promotion strategies with a specific focus on international value chains.

7-8 June 2016: This meeting of the Global Knowledge Sharing Network on Corporate Governance of State-Owned Enterprises provides an opportunity for policy makers from around the world to discuss priorities for SOE reform and to support implementation through knowledge sharing.

Bulgaria is ranked 61 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Bulgaria deteriorated to 61 in 2019 from 59 in 2018. Ease of Doing Business in Bulgaria averaged 49.92 from 2008 until 2019, reaching an all time high of 61 in 2019 and a record low of 36 in 2014. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Bulgaria.

Bulgaria scored 43 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Bulgaria averaged 38.86 Points from 1998 until 2019, reaching an all time high of 43 Points in 2014 and a record low of 29 Points in 1998. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Bulgaria Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Bulgaria stands at 20 percent. In Bulgaria, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Bulgaria. This page provides - Bulgaria Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Bulgaria decreased to 3222.70 Thousand in the fourth quarter of 2019 from 3299.20 Thousand in the third quarter of 2019. Employed Persons in Bulgaria averaged 3020.10 Thousand from 2000 until 2019, reaching an all time high of 3417.30 Thousand in the third quarter of 2008 and a record low of 2628.18 Thousand in the fourth quarter of 2001. In Bulgaria, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Bulgaria Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Bulgaria decreased to 54 percent in the fourth quarter of 2019 from 55.30 percent in the third quarter of 2019. Employment Rate in Bulgaria averaged 46.97 percent from 2000 until 2019, reaching an all time high of 55.30 percent in the third quarter of 2019 and a record low of 38.70 percent in the fourth quarter of 2001. In Bulgaria, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Bulgaria Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Bulgaria expanded 3.10 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Bulgaria averaged 3.01 percent from 1996 until 2019, reaching an all time high of 17.20 percent in the first quarter of 1998 and a record low of -14 percent in the third quarter of 1996. In Bulgaria, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (17 percent). Exports of goods and services account for 65 percent of GDP while imports account for 66 percent, subtracting 1 percent of total GDP. This page provides - Bulgaria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

ICU Beds in Bulgaria averaged 551.33 per 100K people from 2005 until 2014, reaching an all time high of 595.04 per 100K people in December of 2014 and a record low of 520.53 per 100K people in December of 2006. This page includes a chart with historical data for Bulgaria ICU Beds.

Exports in Bulgaria decreased to 4770.40 BGN Million in February from 4896.10 BGN Million in January of 2020. Exports in Bulgaria averaged 2691.44 BGN Million from 2000 until 2020, reaching an all time high of 5500.40 BGN Million in October of 2019 and a record low of 607.60 BGN Million in January of 2000. Bulgaria exports mostly fuels, manufactured goods (clothing, footwear), machinery and transport equipment and chemicals. Bulgaria's main exports partners are Germany,Turkey, Italy, Greece and Romania. This page provides - Bulgaria Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Bulgaria decreased to 5191.80 BGN Million in February from 5308.40 BGN Million in January of 2020. Imports in Bulgaria averaged 3358.36 BGN Million from 2000 until 2020, reaching an all time high of 6228.90 BGN Million in October of 2018 and a record low of 894.10 BGN Million in April of 2000. Bulgaria imports mainly fuels, machinery and transport equipment, metals, raw materials. Bulgaria's main imports partners are Russia, Germany, Italy, Romania and Italy. This page provides - Bulgaria Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bulgaria recorded a trade deficit of 421.40 BGN Million in February of 2020. Balance of Trade in Bulgaria averaged -666.92 BGN Million from 2000 until 2020, reaching an all time high of 98.50 BGN Million in July of 2017 and a record low of -2106.20 BGN Million in October of 2008. Bulgaria exports mostly fuels, manufactured goods (clothing, footwear), machinery and transport equipment and chemicals. Bulgaria's main exports partners are Germany,Turkey, Italy, Greece and Romania. Bulgaria imports fuels, machinery and transport equipment, metals, raw materials. Bulgaria's main imports partners are Russia, Germany, Romania and Italy. This page provides - Bulgaria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in Bulgaria increased to 133.99 points in the fourth quarter of 2019 from 131.69 points in the third quarter of 2019. Housing Index in Bulgaria averaged 108.79 points from 2005 until 2019, reaching an all time high of 153.92 points in the third quarter of 2008 and a record low of 76.01 points in the first quarter of 2005. In Bulgaria, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides - Bulgaria House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Bulgaria decreased to 15985.31 points in March from 16001.25 points in February of 2020. CPI Housing Utilities in Bulgaria averaged 9895.37 points from 1995 until 2020, reaching an all time high of 16001.25 points in February of 2020 and a record low of 75.63 points in January of 1995. This page provides - Bulgaria Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Bulgaria decreased to 7635.62 points in March of 2020 from 7850.17 points in February of 2020. CPI Transportation in Bulgaria averaged 5883.83 points from 1995 until 2020, reaching an all time high of 9082.85 points in September of 2012 and a record low of 87.28 points in January of 1995. This page provides - Bulgaria Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Bulgaria decreased to 7188.39 points in March from 7233.91 points in February of 2020. Consumer Price Index CPI in Bulgaria averaged 4094.18 points from 1990 until 2020, reaching an all time high of 7233.91 points in February of 2020 and a record low of 1.51 points in May of 1990. In Bulgaria, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Bulgaria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Bulgaria was recorded at 3 percent in March of 2020. Inflation Rate in Bulgaria averaged 61.47 percent from 1996 until 2020, reaching an all time high of 2019.50 percent in March of 1997 and a record low of -2.60 percent in February of 2014. In Bulgaria, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (31.8 percent of total weight). Housing and Utilities accounts for 17.4 percent; Transport for 9 percent; Health for 6.6 percent; Restaurants and Hotels for 5.4 percent and Recreation and Culture for 5.3 percent. Alcoholic beverages and Tobacco; Communication; Miscellaneous Goods and Services; Furniture, Household Goods and Maintenance; Clothing and Footwear and Education account for the remaining 24.5 percent of total weight. This page provides the latest reported value for - Bulgaria Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Core consumer prices in Bulgaria increased 1.40 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Bulgaria averaged 7.53 percent from 1997 until 2020, reaching an all time high of 550.80 percent in December of 1997 and a record low of -2.50 percent in November of 2014. This page provides - Bulgaria Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Bulgaria increased to 6.70 percent in March from 6.20 percent in February of 2020. Unemployment Rate in Bulgaria averaged 11.31 percent from 1991 until 2020, reaching an all time high of 19.27 percent in February of 2001 and a record low of 4.68 percent in April of 1991. In Bulgaria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Bulgaria Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Capacity Utilization in Bulgaria decreased to 68.20 percent in the second quarter of 2020 from 77.30 percent in the first quarter of 2020. Capacity Utilization in Bulgaria averaged 64.83 percent from 1992 until 2020, reaching an all time high of 78.50 percent in the first quarter of 2019 and a record low of 52 percent in the third quarter of 1999. This page provides - Bulgaria Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bulgaria recorded a government budget deficit of 113.28 BGN Million in March of 2020. Government Budget Value in Bulgaria averaged 198.03 BGN Million from 1994 until 2020, reaching an all time high of 3959.03 BGN Million in November of 2007 and a record low of -2831.81 BGN Million in December of 2018. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Bulgaria Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Bulgaria decreased to 23547.90 BGN Million in March from 23609.20 BGN Million in February of 2020. Government Debt in Bulgaria averaged 16536.79 BGN Million from 2001 until 2020, reaching an all time high of 26881.40 BGN Million in December of 2016 and a record low of 9234.80 BGN Million in September of 2009. This page provides the latest reported value for - Bulgaria Government Debt - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Standard & Poor's credit rating for Bulgaria stands at BBB with positive outlook. Moody's credit rating for Bulgaria was last set at Baa2 with positive outlook. Fitch's credit rating for Bulgaria was last reported at BBB with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Bulgaria thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Bulgaria as reported by major credit rating agencies.

Bulgaria recorded 1911 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Bulgaria reported 88 Coronavirus Deaths. This page includes a chart with historical data for Bulgaria Coronavirus Cases.

Bulgaria recorded 88 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Bulgaria reported 1911 Coronavirus Cases. This page includes a chart with historical data for Bulgaria Coronavirus Deaths.

Bulgaria recorded 422 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Bulgaria reported 88 Coronavirus Deaths. This page includes a chart with historical data for Bulgaria Coronavirus Recovered.

Exports of Wearing Apparel in Germany decreased to 1707822 EUR THO in February from 1911655 EUR THO in January of 2020. Exports of Wearing Apparel in Germany averaged 1040179.84 EUR THO from 2000 until 2020, reaching an all time high of 2116911 EUR THO in September of 2019 and a record low of 391696 EUR THO in December of 2001. This page includes a chart with historical data for Germany Exports of Wearing Apparel.

Money Supply M2 in Bulgaria increased to 102733.10 BGN Million in March from 102028.70 BGN Million in February of 2020. Money Supply M2 in Bulgaria averaged 40796.14 BGN Million from 1995 until 2020, reaching an all time high of 102733.10 BGN Million in March of 2020 and a record low of 580.30 BGN Million in January of 1996. Bulgaria Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Bulgaria Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans To Private Sector in Bulgaria decreased to 34823910 BGN Thousand in March from 34892507 BGN Thousand in February of 2020. Loans To Private Sector in Bulgaria averaged 18974302.59 BGN Thousand from 1995 until 2020, reaching an all time high of 36153669 BGN Thousand in October of 2014 and a record low of 328715 BGN Thousand in December of 1995. This page provides - Bulgaria Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bulgaria is the 74 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Bulgaria averaged 65.73 from 1998 until 2019, reaching an all time high of 86 in 2011 and a record low of 45 in 2002. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Bulgaria Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Production in Bulgaria remained unchanged at 1 BBL/D/1K in December from 1 BBL/D/1K in November of 2019. Crude Oil Production in Bulgaria averaged 0.92 BBL/D/1K from 1994 until 2019, reaching an all time high of 1.10 BBL/D/1K in February of 1994 and a record low of 0.60 BBL/D/1K in January of 1997. This page provides - Bulgaria Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Bulgaria increased to 1280 BGN/Month in 2018 from 974 BGN/Month in 2017. Wages High Skilled in Bulgaria averaged 1000.25 BGN/Month from 2015 until 2018, reaching an all time high of 1280 BGN/Month in 2018 and a record low of 826 BGN/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Industrial Production in Bulgaria decreased 6.90 percent in March of 2020 over the same month in the previous year. Industrial Production in Bulgaria averaged 2.98 percent from 2001 until 2020, reaching an all time high of 19.50 percent in May of 2004 and a record low of -22.60 percent in May of 2009. In Bulgaria, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Bulgaria Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Electricity Production in Bulgaria increased to 4070 Gigawatt-hour in December from 3785 Gigawatt-hour in November of 2019. Electricity Production in Bulgaria averaged 3826.03 Gigawatt-hour from 2008 until 2019, reaching an all time high of 4961 Gigawatt-hour in January of 2015 and a record low of 2615 Gigawatt-hour in May of 2013. This page has Electricity Production values for Bulgaria.

Employment in Bulgaria increased by 0.40 in December of 2019. Employment Change in Bulgaria averaged 0.02 percent from 1995 until 2019, reaching an all time high of 1.70 percent in the fourth quarter of 2003 and a record low of -3.50 percent in the third quarter of 2009. In Bulgaria, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides - Bulgaria Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Bulgaria decreased 5.10 percent in March of 2020 over the previous month. Industrial Production Mom in Bulgaria averaged 0.20 percent from 2000 until 2020, reaching an all time high of 10.50 percent in January of 2003 and a record low of -11.40 percent in January of 2009. This page provides - Bulgaria Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Bulgaria decreased to -10.20 points in April from 21.60 points in March of 2020. Business Confidence in Bulgaria averaged 21.60 points from 1997 until 2020, reaching an all time high of 50.30 points in July of 2007 and a record low of -20.90 points in February of 1997. In Bulgaria, the business climate in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects over the future. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do. This page provides the latest reported value for - Bulgaria Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Bulgaria 10Y Bond Yield was 1.40 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Bulgaria Government Bond 10Y reached an all time high of 22.61 in April of 2011. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Youth Unemployment Rate in Bulgaria increased to 13.30 percent in March from 10.30 percent in February of 2020. Youth Unemployment Rate in Bulgaria averaged 21.82 percent from 2000 until 2020, reaching an all time high of 38.60 percent in July of 2001 and a record low of 8.20 percent in August of 2019. This page provides the latest reported value for - Bulgaria Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Import Prices in Bulgaria increased to 100.40 points in the fourth quarter of 2019 from 98.60 points in the third quarter of 2019. Import Prices in Bulgaria averaged 101.55 points from 2001 until 2019, reaching an all time high of 112.40 points in the fourth quarter of 2005 and a record low of 89.30 points in the third quarter of 2009. In Bulgaria, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides the latest reported value for - Bulgaria Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports to Bulgaria CMLV in Russia increased to 363.10 USD Million in February from 162.10 USD Million in January of 2020. Exports to Bulgaria CMLV in Russia averaged 1517.75 USD Million from 2006 until 2020, reaching an all time high of 4892.30 USD Million in December of 2008 and a record low of 58.60 USD Million in January of 2010. Russia accounts for Exports to Bulgaria using cumulative values for each year (CMLV). This page includes a chart with historical data for Russia Exports to Bulgaria.

Producer Prices in Bulgaria decreased 1.50 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Bulgaria averaged 4 percent from 2001 until 2020, reaching an all time high of 15.90 percent in May of 2006 and a record low of -10.90 percent in August of 2009. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Bulgaria Producer Prices on Domestic Market Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.