Region
Index: 5.4  
Bulgaria
Flag of Bulgaria
Updated: April 28, 2010

Population:

Total Population: 7.2 million

Source: CIA World Factbook, July 2009

Economy:

Gross Domestic Product: 49.9 billion US dollars
Source: World Bank, 2009

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

Per Capita Income:

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

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

Index: 8.1

Index: 9.0
IT Salaries:

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

Senior Software Engineer / Web Developer: 21.7 percent of US
Source: PayScale, SourcingLine, March 2010

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

Index: 9.5
BPO Salaries (Non-voice):

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

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

Index: 1.6
Real Estate:

Office Occupancy Cost (CBD): 35.2 US$/sf/yr
Source: CB Richard Ellis, November 2009

Note: Office occupancy costs are for Sofia.

Index: 8.0
Taxes:

Corporate Tax Rates: 10 percent
Source: KPMG, October 2009

Indirect Tax Rates: 20 percent
Source: KPMG, October 2009

SMB Effective Tax Rate: 31.4 percent
Source: Doing Business (World Bank), 2010

Index: 1.6  

Index: 0.0
Workforce:

Total Workforce: 3.2 million
Source: CIA World Factbook, 2009

Index: 0.0
Outsourcing Sector:

Exports of Computer & Information Services: 186.4 million US dollars
Source: IMF, 2008

Exports of Misc. Business Services: 752.8 million US dollars
Rank: 21 of 24
Source: IMF, 2008

Index: 7.0
Basic Education:

Adult Literacy: 98.3 percent of population
Source: UNESCO, 2009

Expenditures on Education: 4.3 percent of GDP
Source: UNESCO, 2009

Index: 6.3
Educational Achievement:

Reading Achievement: 402 PISA literacy scale
Source: OECD PISA, 2006

Math Achievement: 413 PISA mathematics scale
Source: OECD PISA, 2006

Science Achievement: 434 PISA science scale
Source: OECD PISA, 2006

Index: 1.3
University Graduates:

University Educated Population: 18 percent of population
Source: UNESCO, 2009

Annual University Graduates: 45 thousands
Source: UNESCO, 2009

Annual Science & Technology Graduates: 21 percent of total
Source: UNESCO, 2009

Index: 2.3
Language:

English Speaking Population: 23 percent
Source: Eurobarometer, 2006

Index: 4.1
Technological Readiness:

Internet Access: 34.9 users per 100 inhabitants
Source: International Telecommunications Union, 2009

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

Index: 5.4

Index: 6.4
Economic Competitiveness & Stability:

Economic Competitiveness: 4.0 GCI score
Source: The Global Competitiveness Report, 2009

Macroeconomic Stability: 4.9 GCI Score
Source: The Global Competitiveness Report, 2009

Index: 5.8
Infrastructure:

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

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

Mobile Phone Penetration: 140.1 subscriptions per 100 inhabitants
Source: International Telecommunications Union, 2009

Index: 8.8
Labor Market Efficiency:

Rigidity of Employment: 19 index (0-100)
Source: Doing Business (World Bank), 2010

Cost of Firing Employees: 9 weeks of salary
Source: Doing Business (World Bank), 2010

Index: 3.6
Regulation:

Overall Ease of Doing Business: 44 rank (1-183)
Source: Doing Business (World Bank), 2010

Complexity of Starting a Business: 18 days to register a start-up
Source: Doing Business (World Bank), 2010

Complexity of Paying Taxes: 616 hours per year
Source: Doing Business (World Bank), 2010

Index: 3.8
Corruption:

Corruption Perceptions: 3.8 CPI index
Source: Transparency International, 2009

Index: 6.8
Legal Protection:

Procedures to Enforce Contracts: 39 number
Source: Doing Business (World Bank), 2010

Time to Enforce Contracts: 564 days
Source: Doing Business (World bank), 2010

Cost to Enforce Contracts: 23.8 percent of claim
Source: Doing Business (World Bank), 2010

Index: 2.9
Intellectual Property Protection:

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

Software Piracy: 68 percent
Source: BSA-IDC Global Software Piracy Study, 2009

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