Informes Sectoriales OP - Icex
Informes Sectoriales OP - Icex
Informes Sectoriales OP - Icex
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TOURISM AND RELATED SERVICES IN BULGARIA<br />
2.2. GENERAL OVERVIEW OF TOURISM SECTOR<br />
Geographic map of the Republic of Bulgaria<br />
The tourism industry is a priority sector of the Bulgarian national economy, forming<br />
a significant part of the local GDP. The industry guarantees high employment and<br />
helps activation of the national balance of payments. The tourism business in Bulgaria<br />
is 100% private.<br />
The tourist sector has traditionally played an important role in the economic development<br />
of Bulgaria. The country is getting larger international popularity due to the<br />
combination of natural and cultural heritage and a rich and attractive network of<br />
natural and cultural resources. Tourism accounted for 5% of Bulgaria’s GDP reported<br />
in 2004. This sector has its specific social significance, as it is considered<br />
capable of reducing the rate of unemployment in the regions where unemployment is<br />
at its highest rate. In these regions, tourism is considered an alternative revenue<br />
source for the population, a possibility for development of the infrastructure, a rea-<br />
Spanish Economic and Commercial Office of the Spanish Embassy in Sofia 20