Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

4.3% GDP growth registered during third quarter

Photo: archive

The Bulgarian economy marked a 4.3% growth rate during the third quarter compared to the second quarter, when a record decline of 10.1% was registered, National Statistical Institute data indicate. 

Compared to the third quarter of 2019, the GDP continues to shrink by 5.2% year over year. Due to the strict quarantine during the second quarter the annual decline reached 8.6%, the worst economic downturn in the country since the beginning of 1997

Final consumption registered a positive economic growth rate of 9.3% in the third quarter of 2020 compared to a year earlier. The external balance is positive, National Statistical Institute figures show.



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

(L to R) Atanas Zapryanov, Yasar Guler and Angel Tilvar

Bulgaria, Turkiye and Romania sign letter of intent for joint action in defence

A letter of intent covering military activities between Turkiye, Romania and Bulgaria was signed in Brussels by the defence ministers of the three countries, the Bulgarian news agency BTA writes, citing Anadolu Ajansı. Bulgarian Defence Minister..

published on 10/18/24 11:57 AM

Bulgaria is 21st safest country out of 38 countries in Europe

Bulgaria is the 21 st safest country out of 38 countries in Europe, ranking between Poland and Spain. This country gets 1.643 points measured by the Global Peace Index (GPI) in the ranking of the NGO World Population Review .   The..

published on 10/18/24 10:36 AM

Latest generation of cars and the future of auto technologies demonstrated at motor show in Sofia

Sofia is hosting the biggest motor show in Europe this year, Alexander Kostadinov, Chairman of the Board of the Association of Car Manufacturers told the Bulgarian news agency BTA. The Sofia Motor Show 2024 will demonstrate the latest generation of..

published on 10/18/24 9:08 AM