Vessela Bayraktarova Head of Europe Department Foreign Economic Cooperation Directorate Ministry of Economy and Industry
Tel.: +359 2 9407886 E-mail: v.bairaktarova@mi.government.bg Dayana Popangelova Europe Department Foreign Economic Cooperation Directorate Ministry of Economy and Industry tel.: +359 2 940 7697 d.popangelova@mi.government.bg
Economic Relations between Bulgaria and Switzerland
- Trade Turnover (mln. Еuro)
Year | Total turnover | Growth % | Export | Growth % | Import | Growth % | Balance |
2016 | 332.6 | 0.17 | 136.1 | 52.0 | 196.4 | 2.0 | -60.2 |
2017 | 376.9 | 4.5 | 165.0 | 22.0 | 211.9 | 7.9 | -46.8 |
2018 | 397.0 | 5.3 | 152.4 | -7.6 | 244.6 | 15.4 | -92.1 |
2019 | 453.0 | 13.6 | 193.2 | 27.1 | 259.7 | 5.9 | -66.5 |
2020 | 425.9 | -6.0 | 181.1 | -6.2 | 244.7 | -5.8 | -63.5 |
2021 | 520.8 | 22.4 | 234.0 | 29.2 | 286.8 | 17.4 | -52 |
2022 – 1-6 | 291.0 | 13.8 | 140.3 | 21.1 | 150.6 | 7.8 | -10 |
Source: Ministry of Economy and industry
- Swiss Investments in Bulgaria
Direct investments from Switzerland as of December 31, 2021 amount to 2,698.3 billion euros. The flow of Swiss investments in 2021 is negative -137.1 million euros.
By the end of 2020, the amount of Switzerland’s foreign direct investments in Bulgaria amounted to 2,663.3 million euros, with which the country ranks 10th in terms of FDI in Bulgaria. In the first three months of 2021 their amount reaches 2,646.2 million euros, and in the second quarter of 2021 respectively, they are 2,486.7 million euros.
Source: Bulgarian National Bank
- Tourism – Swiss tourists in Bulgaria
The data on the number of tourists in 2020 are based on ESTI, which in 2020 was in a trial period. In this regard, the NSI data for accommodation with 10 or more beds are taken into account. The introduction of the Unified Tourist Information System changes the method of counting the number of tourists. The new method is based on data from accommodation, which are not comparable with the data from the border checkpoint.
In 2021, the number of Swiss tourists – 11,949.
Year | Swiss tourists in Bulgaria |
2011 | 28 100 |
2012 | 19 800 |
2013 | 21 900 |
2014 | 30 800 |
2015 | 26 600 |
2016 | 27 100 |
2017 | 26 467 |
2018 | 31 053 |
2019 | 31 053 |
2020 | 5 000 |
2021 | 11 949 |
2022-1-6 | 6 444 |
Source: Ministry of Tourism