Flag of Bulgaria Bulgaria

Wireless payment

Digitalization

Internet usage (of pop.)
74%
Did online shopping (age 15+)
30 – 34%
Paid bills via internet (age 15+)
22 – 25%
Accessed a bank account online (age 15+)
19 – 23%
Paid utility bills using a mobile phone (age 15+)
3 – 4%
Made or received digital payments (age 15+)
79 – 84%

Data overview for Bulgaria

Wireless payment

Digitalization

Internet usage (of pop.)
74%
Did online shopping (age 15+)
30 – 34%
Paid bills via internet (age 15+)
22 – 25%
Accessed a bank account online (age 15+)
19 – 23%
Paid utility bills using a mobile phone (age 15+)
3 – 4%
Made or received digital payments (age 15+)
79 – 84%
Business chart

Macro data

Population 2020
6.95M
GDP Total 2020
62.9B
GDP per capita 2020 (PPP)
21,300
GDP forecast 2021
3%
Trade Flows (% of GDP)
105%
Cash increase

Banking data

Total bank assets 2020
63.3B
Total bank assets 2020/GDP
105%
Account ownership (age 15+)
87 – 93%
Debit card ownership (age 15+)
78 – 81%
Coin in hand

Economic data

Unemployment
5%
Currency
BGN
Remittances (% of GDP)
1.4%
Private Consumption (yoy)
4%

Data provided by Raiffeisen Research, Sources

Articles about fintech in Bulgaria

Bulgaria compared to other CEE countries

Data provided by Raiffeisen Research, Sources

See all CEE countries