Bulgaria's medium and high-tech manufacturing value added (% manufacturing value added) was 33.89% in 2024, the latest year in the World Bank's World Development Indicators. That is up 5.8 percentage points from 28.09% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 33.89% | 2024 |
| Five years earlier | 30.54% | 2019 |
| Ten years earlier | 28.09% | 2014 |
| Highest | 36.17% | 1996 |
| Lowest | 22.64% | 2004 |
| Average since 2015 | 30.37% | 2015–2024 |
| First recorded | 30.7% | 1990 |
What the numbers say
In 2024, Bulgaria's medium and high-tech manufacturing value added (% manufacturing value added) rose 4.22 percentage points on 2023 (from 29.67% to 33.89%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.11 percentage points and a typical year strayed about 3.33 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 12.36 percentage points in 1996 and the biggest yearly fall was 5.5 percentage points in 1997. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 0.75 percentage points a year. A straight line explains 58% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Bulgaria had the 47th highest value of the 152 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Bulgaria in the 2024 ranking
- Tunisia — 43rd of 152: 34.48%
- Venezuela, RB — 44th of 152: 34.28%
- Poland — 45th of 152: 33.97%
- Thailand — 47th of 152: 33.71%
- Russian Federation — 48th of 152: 33.7%
- Nigeria — 49th of 152: 33.44%
What this measures
The proportion of medium and high-tech industry value added in total value added of manufacturing
Limitations: Value added by economic activity should be reported at least at 3-digit ISIC for compiling MHT values. Missing values at country level are imputed based on the methodology from Competitive Industrial Performance Report (UNIDO, 2017. Conversion to USD or difference in ISIC combinations may cause discrepancy between national and international figures. For additional information please see UNIDO (2017): http://stat.unido.org/content/publications/volume-i%252c-competitive-industrial-performance-report-2016
All 35 values
| Year | Medium and high-tech manufacturing value added (% manufacturing value added) |
|---|---|
| 2024 | 33.89 |
| 2023 | 29.67 |
| 2022 | 33.18 |
| 2021 | 34.72 |
| 2020 | 30.39 |
| 2019 | 30.54 |
| 2018 | 30.62 |
| 2017 | 26.85 |
| 2016 | 25.68 |
| 2015 | 28.17 |
Medium and high-tech manufacturing value added (% manufacturing value added) in nearby economies
- Albania — 8.96% (2024)
- Armenia — 6.93% (2024)
- Austria — 47.14% (2024)
- Azerbaijan — 19.73% (2024)
- Belarus — 19.82% (2024)
- Belgium — 50.84% (2024)
- Bosnia and Herzegovina — 21.53% (2024)
- Croatia — 30.53% (2024)
More economic policy & debt data for Bulgaria
- Adjusted savings, education expenditure (% of GNI) — 4.06% (2021)
- Adjusted savings, net forest depletion (current US$) — US$0 (2021)
- Adjusted savings, mineral depletion (current US$) — US$387.76 million (2021)
- Adjusted savings, energy depletion (current US$) — US$46.2 million (2021)
- Trade in services (% of GDP) — 21.44% (2025)
- Communications, computer, etc. (% of service imports, BoP) — 37.95% (2025)
- Primary income payments (BoP, current US$) — US$11.11 billion (2025)
- Imports of goods and services (current US$, BoP) — US$67.93 billion (2025)
- Goods imports (current US$, BoP) — US$58.51 billion (2025)
Reading data like this
Questions people ask
- What is Bulgaria's medium and high-tech manufacturing value added (% manufacturing value added)?
- 33.89% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 3.19 percentage points from 30.7% in 1990. The highest value was 36.17% in 1996 and the lowest 22.64% in 2004.
- How does Bulgaria rank?
- 47th highest of 152 economies with data for 2024.
- Is the latest change in medium and high-tech manufacturing value added (% manufacturing value added) unusual for Bulgaria?
- In 2024, Bulgaria's medium and high-tech manufacturing value added (% manufacturing value added) rose 4.22 percentage points on 2023 (from 29.67% to 33.89%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.11 percentage points and a typical year strayed about 3.33 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NV.MNF.TECH.ZS.UN, licensed CC BY 4.0. Original source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in