OECD Economic Outlook, Volume 2021 Issue 2
The global recovery from the COVID-19 pandemic is uneven and becoming imbalanced. The OECD Economic Outlook, Volume 2021 Issue 2, highlights the continued benefits of vaccinations and strong policy support for the global economy, but also points to the risks and policy challenges arising from supply constraints and rising inflation pressures.
This issue includes a general assessment of the macroeconomic situation, and a chapter summarising developments and providing projections for each individual country. Coverage is provided for all OECD members as well as for selected partner economies.
Also available in: French
Bulgaria
The economy is projected to grow by 3¼ per cent in 2021 and to accelerate in 2022-23 with GDP growth ranging between 4¼ and 4½ per cent. The renewed dynamism of exports, the strength of investments supported by significant EU funds and the robust momentum of private consumption should stimulate activity. Inflation is rising sharply due to the surge in energy prices and the tightening of the labour market, and is expected to see its underlying level reach 2¼ per cent in 2023, the highest rate since 2010.
Also available in: French
- Click to access:
-
Click to download PDF - 556.68KBPDF