Trade information Bulgaria Trade information Bulgaria The annual year-on-year GDP growth for 2005 and 2006 is expected to total 5.3% and 6.0%, respectively. Industrial output for 2005 was forecast to rise by 11.9% from the previous year, and for 2006 by 15.2%. Unemployment for 2005 was projected at 11.5% and for 2006 about 9%. As of 2006 the GDP structure is: agriculture 8.0%; industry 26,1%; services 65.9%. About 14% of the total industrial production is related to machine building and 24% of the people are employed in this field. Its importance decreased since 1989 but is growing again. It borders five countries: Romania to the north mostly along the Danube, Serbia and the Republic of Macedonia to the west, and Greece and Turkey to the south, as well as the Black Sea, which comprises its entire eastern border. The standard of living fell by about 40%, but it regained pre-1990 levels in June 2004. The length of railways is 6,500 km of which more than 60% are electrified. There is a €360,000,000 project for the modernization and electrification of the Plovdiv-Kapitan Andreevo railway.

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