The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in 2024. In January, the World Bank predicted that Bulgaria’s GDP will increase with 2.4% in 2024. The bank predicts that in 2025, Bulgaria’s economic growth will accelerate to 3,1%. However, six months ago, the bank predicted an even higher growth of 3.3%.
The World Bank upgraded its outlook for the global economy, estimating that it will expand 2.6% this year thanks to sustained growth in the United States. Stronger-than-expected growth in the United States accounts for 80% of the upgraded outlook.
Bulgaria recorded the second-highest annual house price growth in the European Union in the first quarter of 2025, according to Eurostat data released this week. A 100 square meter apartment in Bulgaria costs 199 average monthly salaries Property..
Bulgaria’s Minister of Finance Temenuzhka Petkova announced that Bulgaria is expected to meet the eurozone's price stability criterion again in June. According to Minister Petkova, monthly inflation for June was 0.4% compared to May, when inflation was..
With record interest, Bulgaria's Ministry of Finance has successfully placed debt on international capital markets, the institution announced. Two tranches of bonds in euros were sold. The 10-year bonds were for 2 billion euros with an annual interest..
Bulgaria recorded the second-highest annual house price growth in the European Union in the first quarter of 2025, according to Eurostat data released this..
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