Economy of Plovdiv from different countries. The city also has a duty-free zone since 1987. It has a customs terminal handling cargo from trucks and trains. Economy of Plovdiv Plovdiv is the second only to Bulgaria's capital Sofia in economic importance and output. It is a major industrial, commercial, financial and shopping centre. Recently, Plovdiv has one of the country's fastest growing economies with average GDP growth of 12-13%. As of 2005 the total revenues are 9.4 billion leva (approximately 4.8 billion euro), which is with 88% more than in 2001. The profits for the same period rose 4.5 times. The unemployment is
Plovdiv institution outside the United States, the American College of Sofia, was founded in Plovdiv in 1860 and later moved to Sofia. On 5 September 2014, Plovdiv was selected as the Bulgarian host of the European Capital of Culture 2019. This happened with the help of the Municipal Foundation "Plovdiv 2019″, a non-government organization, which was established in 2011 by Plovdiv's City Council whose main objectives were to develop and to prepare Plovdiv's bid book for European Capital of Culture in 2019. Plovdiv was given various names throughout its long history. The Odrysian capital "Odryssa" () is suggested to have been