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

GDP for 2020 declines by 4.2% compared to 2019

Photo: archive

The Bulgarian economy grew during the fourth quarter of last year by 2.2% compared to the previous quarter, but shrank by 3.8% on a yearly basis, preliminary National Statistical Institute data show.

Over the entire 2020 the GDP of the country shrank by 4.2% compared to 2019. During the pandemic year, 2020, Bulgaria’s GDP reached a nominal value of 118.605 billion Leva (60.642 billion euro), or 17.109 Leva of the index value (8,748 euro) per capita of the population. The industrial sector created 26.5% of the added value of the economy, the services – 69.5%, and the agrarian sector– 4.0% of the added value. The value of final consumption last year stands at 79.3% of the GDP. 



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

Partial state of emergency on the beach in Varna due to oil pollution

Partial state of emergency on the territory of the municipality of Varna is in effect until April 6 due to a fuel oil spill in the Black Sea, which has reached the coastline and the beach. The source of the pollution remains unknown. The first samples..

published on 4/1/25 3:27 PM
Lokorsko, 17 February 2023

Traffickers go to court over deaths of 18 migrants in truck

The Sofia City Prosecutor's Office has brought five members of an organized crime group to court over murder of 18 Afghan citizens, the institution reported.  The case dates back to February 17, 2023, when the migrants were found..

published on 4/1/25 2:13 PM
Nikolay Kostov

More than 380 medicines are missing in the Bulgarian pharmacy network

There is currently a significant shortage of many medications in the country. Association of Pharmacy Owners Chair Nikolay Kostov pointed out that over 380 medications are missing from pharmacies. According to him, two electronic systems are..

published on 4/1/25 11:29 AM