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Countries

Bulgaria

Bulgaria (/bʌlˈɡɛəriə, bʊl-/; Bulgarian: България, tr.

Bǎlgariya), officially the Republic of Bulgaria (Bulgarian: Република България, tr.

Republika Bǎlgariya, pronounced [rɛˈpublikɐ bɐɫˈɡarijɐ]), is a country in southeastern Europe.

It is bordered by Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east.

With a territory of 110,994 square kilometres (42,855 sq mi), Bulgaria is Europe's 16th-largest country.

Organised prehistoric cultures began developing on current Bulgarian lands during the Neolithic period.

Its ancient history saw the presence of the Thracians, Greeks and Romans.

The emergence of a unified Bulgarian state dates back to the establishment of the First Bulgarian Empire in 681 AD, which dominated most of the Balkans and functioned as a cultural hub for Slavs during the Middle Ages.

With the downfall of the Second Bulgarian Empire in 1396, its territories came under Ottoman rule for nearly five centuries.

The Russo-Turkish War of 1877–78 led to the formation of the Third Bulgarian State.

The following years saw several conflicts with its neighbours, which prompted Bulgaria to align with Germany in both world wars.

In 1946 it became a one-party socialist state as part of the Soviet-led Eastern Bloc.

In December 1989 the ruling Communist Party allowed multi-party elections, which subsequently led to Bulgaria's transition into a democracy and a market-based economy.

Bulgaria's population of 7.4 million people is predominantly urbanised and mainly concentrated in the administrative centres of its 28 provinces.

Most commercial and cultural activities are centred on the capital and largest city, Sofia.

The strongest sectors of the economy are heavy industry, power engineering, and agriculture, all of which rely on local natural resources.

The country's current political structure dates to the adoption of a democratic constitution in 1991.

Bulgaria is a unitary parliamentary republic with a high degree of political, administrative, and economic centralisation.

It is a member of the European Union, NATO, and the Council of Europe; a founding state of the Organization for Security and Co-operation in Europe (OSCE); and has taken a seat at the UN Security Council three times.

Region:Europe & Central Asia
Income Level:Upper middle income
Population, total:0 (2017)
Capital:Sofia
Longitude:23.3238
Latitude:42.7105
Merchandise trade (% of GDP)

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
Source:World Trade Organization, and World Bank GDP estimates.

Time required to start a business (days)

Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.
Source:World Bank, Doing Business project (http://www.doingbusiness.org/).

Exports of goods and services (BoP, current US$)

Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.
Source:International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

Imports of goods and services (BoP, current US$)

Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.
Source:International Monetary Fund, Balance of Payments Statistics Yearbook and data files.