site.btaBulgaria Has Reached 2/3 of EU's Average GDP per Capita, but Convergence Is Not Guaranteed, Think-Tank Says

The gap which separates Bulgaria from the average level of economic development in the European Union has narrowed for another consecutive year, according to early estimates of gross domestic product per capita based on purchasing power parity. In 2024, the ratio between GDP per capita (PPP) in Bulgaria and the average EU level surpassed the two-thirds mark, but the pace of catching up has been considerably slower than that of Romania, Institute for Market Economics senior economist Adrian Nikolov says in an analysis.