Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria’s economy hits record highs in 2019

Bulgaria's Minister of Economy Emil Karanikolov
Photo: BGNES

Bulgaria’s economic indicators at the end of 2019 are very good, this country’s Minister of Economy Emil Karanikolov told the Bulgarian Telegraph Agency. In the third quarter of 2019 the gross domestic product increased with 3.8% as compared to the same period in 2018. The European Commission, the International Monetary Fund and the European Central Bank raised their economic growth forecasts for Bulgaria. Although an economic slowdown has been registered in Europe, the economic indicators in Bulgaria have increased and 2019 will be probably one of the best years in the past decade in terms of economic growth. Bulgaria’s GDP will reach and exceed a record high of EUR 60 billion. Unemployment levels in this country are at thirty-year low. Exports also hit record highs and between January and October 2019 saw 4.2% increase, Minister Karanikolov added.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Minister of Labor and Social Policy Borislav Gutsanov

Borislav Gutsanov: There will be no increase in taxes or suspension of social payments

There will be no increase in taxes or suspension of social payments, Minister of Labor and Social Policy Borislav Gutsanov said  in an interview with public broadcaster BNT. Borislav Gutsanov stated that the Ministry of Labor and Social Policy..

published on 1/25/25 12:16 PM

Good conditions for winter sports and hiking in the Bulgarian mountains

Temperatures in the mountains are relatively high for the season and it is windy and foggy on higher ground. However, the conditions for winter sports and hiking in the mountains are good, reported BTA. On Friday it rained in some mountain areas,..

published on 1/25/25 10:54 AM

The Eurozone remains a priority for the government

The convergence report for joining the Eurozone will be requested after February 18, when the draft state budget is submitted. In an interview with public broadcaster BNT, Bulgaria’s Prime Minister Rosen Zhelyazkov stated that the draft budget..

published on 1/25/25 9:58 AM