The International Monetary Fund (IMF) has raised the forecast for Bulgaria’s economy growth in 2023, according to the institution's autumn report. In 2023, the Bulgarian GDP will be 1.7%, which is 0.3 percent more in comparison to estimates in the spring report. For 2024, the IMF expects the country's GDP to grow by 3.2 percent, instead of the 3.5 percent forecast in April. The inflation forecast is high. In 2023, it is expected hat inflation would reach 8.5 percent, as the forecast in the spring was 7.5 percent.

Bulgarian business is pessimistic about the prospects in 2024. A survey of the Bulgarian Industrial Capital Association among its members indicates that 80% expect sales to decrease or remain at the level of 2023. 43% expect lower financial income and just 25% are optimistic about better profits and are planning bigger investments. 4/5 of the surveyed entrepreneurs expect exports to decline or remain unchanged.