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The Bulgarian economy

(USD millions)
1999
2000
2001
2002
2003(e)
2004(f)
Economic growth (%)
2.3
5.4
4.1
4.8
5.0
5.0
Inflation (%)
2.6
10.3
7.4
5.8
1.5
4.3
Public-sector balance (%GDP)
-0.9
-0.6
-0.6
-0.6
-0.8
-0.7
Unemployment rate (%)
16.0
16.4
19.5
16.8
14.3
14.8
Exports
4,006
4,825
5,113
5,688
6,780
7,790
Imports
5,087
6,000
6,693
7,281
8,930
10,240
Trade balance
-1,081
-1176
-1,581
-1,593
-2,150
-2,450
Current account balance
-704
-679
-843
-677
-1,100
-1,180
Current account balance (%GDP)
-5.4
-5.4
-6.2
-4.3
-5.5
-5.3
Foreign debt
10,914
11,202
10,619
10,946
11,669
12,119
Debt service (%Exports)
17.2
13.6
15.5
10.4
7.9
7.0
Currency reserves (import months)
5.2
4.8
4.4
5.4
5.2
4.8

(e) estimated (f) forecast

Source: Cofacerating

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