Region
Index: 5.8   Rank 10 
Bulgaria
Flag of Bulgaria


Updated: March 13, 2010  

Population:

Total Population: 7.2 million
Rank: 25 of 26
Source: CIA World Factbook, July 2009

Economy:

Gross Domestic Product: 49.9 billion US dollars
Rank: 24 of 26
Source: World Bank, 2009

Gross Domestic Product (PPP): 94.5 billion international dollars
Rank: 24 of 26
Source: World Bank, 2009

Per Capita Income:

Gross National Income Per Capita (Atlas Method): 5,490 US dollars
Rank: 15 of 26
Source: World Bank, 2009

Gross National Income Per Capita (PPP): 11,950 international dollars
Rank: 13 of 26
Source: World Bank, 2009

Index: 8.7   Rank 9

Index: 9.0 Rank 3
IT Salaries:

Software Engineer/ Web Developer: 17.8 percent of US
Rank: 8 of 25
Source: PayScale, SourcingLine, February 2010

Sr. Software Engineer/ Web Developer: 21.7 percent of US
Rank: 4 of 24
Source: PayScale, SourcingLine, March 2010

IT Project Manager: 41.3 percent of US
Rank: 13 of 25
Source: PayScale, SourcingLine, March 2010

Index: 9.1 Rank 3
BPO Salaries (Non-voice):

Junior BPO Resource: 15 percent of US
Rank: 8 of 26
Source: PayScale, SourcingLine, March 2010

Skilled BPO Resource: 31.9 percent of US
Rank: 9 of 26
Source: PayScale, SourcingLine, March 2010

Operations Manager: 45.8 percent of US
Rank: 7 of 26
Source: Payscale, Offshore Advisor, 2009

Index: 7.3 Rank 3
Real Estate:

Office Occupancy Cost (CBD): 31.4 US$/sf/yr
Rank: 7 of 20
Source: Colliers International, 2009

Office Occupancy Cost (Suburbs): 25.9 US$/sf/yr
Rank: 4 of 15
Source: Colliers International, 2009

Note: Office occupancy costs are for Sofia.

Index: 8.0 Rank 3
Taxes:

Corporate Tax Rates: 10 percent
Rank: 1 of 26
Source: KPMG, 2008

Indirect Tax Rates: 20 percent
Rank: 23 of 26
Source: KPMG, 2008

SMB Effective Tax Rate: 31.4 percent
Rank: 3 of 26
Source: Doing Business (World Bank), 2009

Index: 1.4   Rank 15

Index: 0.0 Rank 3
Workforce:

Total Workforce: 2.6 millions
Rank: 25 of 26
Source: CIA World Factbook, 2009

Exports of Misc. Business Services: 752.8 million US dollars
Rank: 20 of 23
Source: IMF, 2009

Index: 7.6 Rank 3
Basic Education:

Adult Literacy: 98.3 percent of population
Rank: 8 of 26
Source: UNESCO, 2008

Public Expenditure on Education: 4.5 percent of GDP
Rank: 10 of 21
Source: UNESCO, 2008

Index: 6.3 Rank 3
Educational Achievement:

Reading Achievement: 402 PISA literacy scale
Rank: 10 of 15
Source: OECD PISA, 2006

Math Achievement: 413 PISA mathematics scale
Rank: 10 of 16
Source: OECD PISA, 2006

Science Achievement: 434 PISA science scale
Rank: 9 of 16
Source: OECD PISA, 2006

Index: 1.3 Rank 3
University Graduates:

University Educated Population: 18 percent of population
Rank: 4 of 14
Source: UNESCO, 2008

Annual University Graduates: 46 thousands
Rank: 22 of 22
Source: UNESCO, 2008

Annual Science & Technology Graduates: 10 thousands
Rank: 13 of 14
Source: UNESCO, 2008

Index: 4.1 Rank 3
Technological Readiness:

Internet Access: 34.9 users per 100 inhabitants
Rank: 7 of 26
Source: International Telecommunications Union, 2009

Broadband Internet Access: 11.2 subscribers per 100 inhabitants
Rank: 7 of 26
Source: International Telecommunications Union, 2009

Index: 5.3   Rank 15

Index: 6.4 Rank 3
Economic Competitiveness & Stability:

Economic Competitiveness: 4.0 GCI score
Rank: 21 of 26
Source: The Global Competitiveness Report, 2009

Macroeconomic Stability: 4.9 GCI Score
Rank: 9 of 26
Source: The Global Competitiveness Report, 2009

Index: 5.8 Rank 3
Infrastructure:

Quality of Roads: 2.2 index (1-7)
Rank: 23 of 26
Source: The Global Competitiveness Report, 2009

Quality of Electric Supply: 3.6 index (1-7)
Rank: 19 of 26
Source: The Global Competitiveness Report, 2009

Mobile Phone Penetration: 140.1 subscriptions per 100 inhabitants
Rank: 1 of 26
Source: International Telecommunications Union, 2009

Index: 8.8 Rank 3
Labor Market Efficiency:

Rigidity of Employment: 19 index (0-100)
Rank: 8 of 26
Source: Doing Business (World Bank), 2009

Cost of Firing Employees: 9 weeks of salary
Rank: 4 of 26
Source: Doing Business (World Bank), 2009

Index: 3.6 Rank 3
Regulation:

Overall Ease of Doing Business: 44 rank (1-183)
Rank: 7 of 26
Source: Doing Business (World Bank), 2009

Complexity of Starting a Business: 18 days to register a start-up
Rank: 10 of 26
Source: Doing Business (World Bank), 2009

Complexity of Paying Taxes: 616 hours per year
Rank: 23 of 26
Source: Doing Business (World Bank), 2009

Index: 3.6 Rank 3
Corruption:

Corruption Perceptions: 3.6 CPI index
Rank: 13 of 26
Source: Transparency International, 2008

Index: 6.8 Rank 3
Legal Protection:

Procedures to Enforce Contracts: 39 number
Rank: 22 of 26
Source: Doing Business (World Bank), 2009

Time to Enforce Contracts: 564 days
Rank: 12 of 26
Source: Doing Business (World Bank), 2009

Cost to Enforce Contracts: 23.8 percent of claim
Rank: 11 of 26
Source: Doing Business (World Bank), 2009

Index: 2.9 Rank 3
Intellectual Property Protection:

Intellectual Property Protection: 2.6 index (1-7)
Rank: 24 of 26
Source: The Global Competitiveness Report, 2009

Software Piracy: 68 percent
Rank: 17 of 25
Source: BSA-IDC Global Software Piracy Study, 2009

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