Economic relations between Bulgaria and Spain
1. Trade turnover (mln. euro)
|
Year |
Total turnover |
Growth % |
Export |
Growth % |
Import |
Growth % |
Balance |
|
2015 |
1739.0 |
1.1 |
530.9 |
14.8 |
1208.1 |
-3.9 |
-677.3 |
|
2016 |
1701.0 |
-2.2 |
662.5 |
24.8 |
1038.5 |
-14.0 |
-376.0 |
|
2017 |
2378.3 |
39.8 |
784.2 |
18.4 |
1594.1 |
53.5 |
-809.8 |
|
2018 |
2196.9 |
-7.6 |
698.5 |
-10.9 |
1498.3 |
-6.0 |
-799.7 |
|
2019 |
2081.2 |
-5.3 |
812.7 |
16.4 |
1268.5 |
-15.4 |
-455.7 |
|
2020 |
1255,0 |
-39.7 |
669,1 |
-17.7 |
585,8 |
-53.9 |
83,2 |
|
2021 |
1692,2 |
34,8 |
951,3 |
42,2 |
740,9 |
26,5 |
210,4 |
Source: Ministry of Economy and Industry
2. Spanish investments in Bulgaria
According to Bulgarian National Bank, the total foreign direct investments from Spain in Bulgaria at the end of 2021 amounted to 973.0 million euros. The flow of foreign direct investments from Spain in Bulgaria in 2021 was negative -70.4 million euros.
3. Tourism
|
year |
Spanish tourists in Bulgaria |
% |
Bulgarian tourists in Spain |
% |
|
2016 |
59287 |
+5.5 |
139418 |
+22.3 |
|
2017 |
79977 |
+34.9 |
170944 |
+22.6 |
|
2018 |
89 834 |
+12.3 |
181 412 |
+6.1 |
|
2019 |
89 054 |
-0.9 |
193 700 |
+6.8 |
|
2020 |
14220 |
-84,0 |
n/a |
|
|
2021 |
24906 |
+75,1 |
n/a |
Source: Ministry of Tourism