City Profile – Sofia; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail.
- Pages: 34
- Published: November 2018
- Report Code: ER0099CP
Sofia metropolitan area comprises Sofia city, Sofia district and Pernik district. Sofia is the capital and the largest city in Bulgaria. Also, it is the economic, political, administrative, cultural and educational center of the country. The tertiary sector contributed the most to the area’s GVA in 2017, accounting for 81.6% share.
“City Profile Sofia” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Sofia city. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
-Â The service sector remains the key contributor to the area’s economy and the major employer.
– Sofia is a key tourist destination for both domestic and international tourists in Bulgaria.
– Strong performance is observed in the retail, construction and real-estate sector with increasing employment, number of building permits issued and building completions.
Reasons to buy
-Â Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
-Â Analyze and understand the business environment in the city to align your investment and expansion strategies.
-Â The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
Table of Contents
City Snapshot 2
PEST Analysis 6
Technology and Infrastructure 21
Internal Transport Networks 21
Business Environment Analysis 24
Travel and Tourism 25
Tourism Flows 25
Construction and Real Estate 30
Real Estate Market 31
Retail Market 32
Consumption, Income and Prices 32
Further Reading 33
Ask the Analyst 33
About MarketLine 33
List of Tables
List of Tables
Table 1: Sofia metropolitan area key facts (estimates), 2017 2
Table 2: Sofia metropolitan area real GDP growth, 2000-25 9
Table 3: Sofia metropolitan area economic growth comparison (Index 2010=100), 2000-25 11
Table 4: Sofia metropolitan area GDP per capita comparison, 2000-25 (US$) 13
Table 5: Sofia metropolitan area employment structure, 2000-25 (% of total) 15
Table 6: Sofia metropolitan area main universities, 2019 16
Table 7: Sofia metropolitan area population comparison, 2000-25 (million) 18
Table 8: Sofia metropolitan area population by age, 2000-25 (% of total) 20
Table 9: Sofia mass transit network indicators 22
Table 10: Sofia airport key indicators 23
Table 11: Sofia city office rents, Q4 2017 24
Table 12: Sofia city overnight tourist arrivals, 2015-17 25
Table 13: Sofia city international overnight visitors, 2016-17 25
Table 14: Sofia city overnight stays, 2015-17 27
Table 15: Sofia city revenue from overnight stays (US$ million), 2016-17 27
Table 16: Sofia city hotel indicators, 2015-17 27
Table 17: Sofia city hotel indicators, number of rooms and beds, 2016-17 27
Table 18: Sofia city hotel indicators, 2016-17 28
Table 19: Sofia metropolitan area UNESCO World Heritage Sites 28
Table 20: Sofia metropolitan area MICE and other events 29
Table 21: Sofia city building permits issued and new constructions, 2016-18 30
Table 22: Sofia prime retail rent, Q2 2018 32
List of Figures
List of Figures
Figure 1: Sofia metropolitan area real GDP growth, 2000-25 8
Figure 2: Sofia metropolitan area economic growth comparison (Index 2010=100), 2000-25 10
Figure 3: Sofia metropolitan area GDP per capita comparison, 2000-25 12
Figure 4: Sofia metropolitan area employment structure, 2000-25 (% of total) 14
Figure 5: Sofia metropolitan area population comparison, 2000-25 (million) 17
Figure 6: Sofia metropolitan area population by age, 2000-25 (% of total) 19