USA GDP(PPP) for 2011 is $48,000 Bulgaria's GDP(PPP) for 2011 is $13,500 Therefore, Bulgaria's GDP per capita is about 3.5 times lower than USA's. Comparison of their total GDPs is pointless because of the huge population difference.
The Gross Domestic Product (GDP) in Bulgaria was worth 50.20 billion US dollars in 2015. The GDP value of Bulgaria represents 0.08 percent of the world economy. GDP in Bulgaria averaged 26.64 USD Billion from 1980 until 2015, reaching an all time high of 57.42 USD Billion in 2011 and a record low of 9.70 USD Billion in 1994.
The Gross Domestic Product (GDP) in Bulgaria was worth 50.20 billion US dollars in 2015. The GDP value of Bulgaria represents 0.08 percent of the world economy. GDP in Bulgaria averaged 26.64 USD Billion from 1980 until 2015, reaching an all time high of 57.42 USD Billion in 2011 and a record low of 9.70 USD Billion in 1994.
moving faster. doing well. GDP increasing
No it is not under developed. It is not in the club of LDC (least developed countries). One can check its GDP/GNP. And Bulgaria is a member of the EU
It is continual and changeable matter. Contacting Bulgarian Statistical Bureau can find regular updates
In 2015, 50.20 Billion USD x 0.78 = 39.156 Billion British Pounds.
Both are good places, depends from what angle you look at it. Moreover Dubai is only one Emirates of the United Arab Emirates, but Bulgaria is a whole country. Dubai is Royal (Caliph, khilaphat Emirs), Bulgaria is democratic. Bulgaria member of EU. GDP/capita of Dubai is higher. Bulgaria is the most green country in the EU. Having vast forests and natural mineral water
Well, better than before. Again one should not forget the effect of the world economic crisis. It hit Bulgaria too. Bulgarian economy as GNP/GDP still are low in the EU family.
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.
TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)
Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%