Wikipedia:VideoWiki/Economy of Bulgaria

Introduction
The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one.

Memberships
Bulgaria is an industrialised upper-middle-income country according to the World Bank, and is a member of the European Union (EU), World Trade Organization (WTO), Organization for Security and Co-operation in Europe (OSCE) and Organization of the Black Sea Economic Cooperation (BSEC).

Current State
The Bulgarian economy has experienced rapid growth reaching estimated gross domestic product (GDP) of $162.68 billion (PPP, 2018 est.), GDP per capita of $23,207 (PPP, 2018 est.), and average monthly gross salary of 1205 leva (616 euro) (December, 2018).

Curreny 1
The national currency is the lev (plural leva), pegged to the euro at a rate of 1.95583 leva for 1 euro.

Curreny 2
The lev is the strongest and most stable currency in Eastern Europe.

Sectors
The strongest sectors in the economy are energy, mining, metallurgy, machine building, agriculture and tourism. Primary industrial exports are clothing, iron and steel, machinery and refined fuels.

Recent Recession
During the Great Recession, Bulgaria saw its economy decline by 5.5% in 2009, but quickly restored positive growth levels to 0.2% in 2010, in contrast to other Balkan countries. However, the growth continued to be weak in the following years, and GDP only reached pre-crisis levels in 2014.