Bulgaria Listed Companies
Number of listed domestic companies CM.MKT.LDOM.NO
Bulgaria's listed companies was 181 in 2025, ranked 31st globally. This represents a 11.2% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Bulgaria's listed companies stood at 181 in 2025, a decline of +23 from 2024. Based on recent trends, this figure is projected to reach 181 by 2025. Bulgaria ranked 31st globally.
Bulgaria's number of listed companies has experienced significant fluctuations over the 32-year period spanning from 1993 to 2025. The country's all-time peak of 404.00 listed companies in 2008 indicates a notable expansion of its corporate sector, although it is now surpassed by peer countries such as South Africa, which boasts 204.60 listed companies. Conversely, Bulgaria's all-time trough of 0.00 listed companies in 1997 highlights the challenges faced by the country in establishing a robust corporate framework. After a recent decline, Bulgaria's listed companies number has stabilized at 181.20 as of 2025, placing it 31st globally. This recovery is comparable to Nigeria's 167.60 listed companies, a peer country with a similar number of listed companies. To continue its upward trajectory and surpass its current rank, Bulgaria must maintain a favorable business environment, attract foreign investment, and support entrepreneurship, thereby promoting the growth of its corporate sector.
Data & projection
| Year | Listed Companies | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 159 | - | - |
| 2026* trend | 170 | - | - |
| 2025* trend | 181 | - | - |
| 2025 | 181 | −23 | #31 |
| 2024 | 204 | +0 | #40 |
| 2023 | 204 | +3 | #42 |
| 2022 | 201 | −5 | #44 |
| 2021 | 206 | −53 | #45 |
| 2020 | 259 | −3 | #52 |
| 2019 | 262 | −12 | #48 |
| 2018 | 274 | −80 | #50 |
| 2016 | 354 | −11 | #53 |
| 2015 | 365 | −7 | #56 |
| 2014 | 372 | −9 | #57 |
| 2013 | 381 | −6 | #58 |
| 2012 | 387 | −6 | #59 |
| 2011 | 393 | +3 | #59 |
| 2010 | 390 | −8 | #58 |
Detected Pattern
Analysis
Bulgaria matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw listed companies improve within 24 months. View full analysis →
Frequently Asked Questions
Bulgaria's listed companies was 181 in 2025. Ranked 31st globally. This represents a 11.2% decrease from the previous year.
Bulgaria's listed companies peaked at 404 in 2001.
The lowest listed companies in Bulgaria was 0 in 1997.
Bulgaria ranks 31st globally in listed companies as of 2025.
The World Bank indicator code is CM.MKT.LDOM.NO. Data sourced from World Bank.
Bulgaria's listed companies is projected to reach 181 by 2025 based on trend extrapolation.
The listed companies of Bulgaria in 2025 was 181. This ranks 31st in the world.
Cite this page
@misc{historysaid_bulgaria_listed-companies,
title = {Bulgaria Listed Companies},
url = {https://historysaid.com/bulgaria/listed-companies/},
publisher = {HistorySaid},
year = {2026}
}