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Scientific research and development, Industry Analysis, Bulgaria, 2018

The Scientific research and development industry in Bulgaria was represented by 473 companies at the end of 2018, compared to 455 in the previous year and 456 in 2016.

The industry's net profit amounted to BGN 31,612,000 in 2018.

The industry's total revenue was BGN 321,016,000 in 2018, up by 7.56% compared to the previous year.

The combined costs of the companies in the Scientific research and development industry reached BGN 284,878,000 in 2018, up by 6.71% year-on-year.

The industry's total revenue makes up 0.32% to the country's Gross domestic product (GDP) in 2018, compared to 0.31% for 2017 and 0.34% in 2016.

A total of 3,318 people were employed in the Scientific research and development industry in 2018, compared to 3,039 in 2017 and 2,819 in 2016.

Most of the companies in the industry are based in Sofia, followed by Plovdiv and Varna.

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