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

Bulgarian economy has been slowly recovering, marks growth of 2.1%

Photo: library

Bulgaria’s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an express assessment of the National Statistical Institute - NSI. Compared to the fourth quarter of 2019, however, GDP shrank by 3.8%. Final consumption has the largest share in GDP again - 80.4%.

The average income per household member in the fourth quarter of 2020 was 924 euros and increased by 2 percent compared to the same quarter of 2019, the NSI has reported. Expenditure during the same period was 861 euros, which is a rise of 0.7 percent.



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

Bulgaria will take the necessary actions related to the energy transition

EUR 479 million are the grants allocated to Bulgaria under the RePowerEU chapter which is part of the Recovery and Resilience Plan   by the end of last year, our country could have received 30% of this resource in advance. During  the hearing of..

published on 7/30/24 6:20 PM

Evacuation of villages near the border with North Macedonia has begun

The BG-ALERT system has issued an evacuation warning for the residents of five villages in the municipality of Strumyani due to the large fire that broke out in the area of the Maleshevska Mountain near the border with North Macedonia. The fire..

published on 7/30/24 5:37 PM
MP Toshko Yordanov from There is Such a People party

There are no prospects for forming a government with the third mandate

The first meeting organized by There is Such a People party (ITN) to seek support for the formation of a government with the third mandate ended in failure.  Talks were scheduled with six MPs who left the former Velichie Group and are close to the..

published on 7/30/24 5:09 PM