Bulgaria Business Confidence

Last Release

Dec 31, 2025

Actual

12.5

Units In

Points

14.6

Frequency

Monthly

Next Release

Jan 30, 2026

Time to Release

29 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
50.3 Jul 2007	-20.9 Feb 1997	21.06 Points	1997-2025	N/A

In Bulgaria, the business climate in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects over the future. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do.

Latest Updates

Bulgaria’s business climate in industry fell to 12.5 in December 2025 from 14.6 in November, the lowest since December 2020. Current production activity turned negative (-2.9 vs 1.6), while total orders remained weak (-15.3 vs -15.7), with domestic (-20.3 vs -19.3) and foreign demand (-27.7 vs -23.6) both declining. Stocks of finished goods also fell (-2.5 vs -0.8). Industrial confidence softened (-1.3 vs -3.1%), and employment outlook moderated (1.2 vs 2.1), with six-month business expectations easing (10.6 vs 12.2). On the positive side, production expectations for the next three months improved (9.0 vs 5.6), and selling prices are expected to rise (14.8 vs 10.8). Main obstacles remain the uncertain economic environment (50.5 vs 45.6) and labor shortages (34.8 vs 33.6), while fewer firms reported no difficulties (12.8 vs 14.4).