Bulgaria Sees Economic Growth, Inflation Picking Up This Year

A bartender wearing a protective face mask is pictured at Bar Friday, as night clubs reopen at 50 percent capacity, following the outbreak of the COVID-19, in Sofia, Bulgaria on April 29, 2021. Spasiyana Sergieva/Reuters

SOFIA—Bulgaria’s economy is expected to rebound with growth of 4 percent this year and accelerating to 4.9 percent in 2022, the finance ministry said in its autumn macroeconomic forecast on Wednesday.

The small and open economy contracted by 4.2 percent in 2020 when the COVID-19 pandemic hit jobs and businesses.