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Statistics show growth in GDP and final consumption

According to preliminary NSI data, in the second quarter of 2017, Bulgaria's gross domestic product has marked a 3.6-percent rise compared to the same period of 2016. At the same time, gross added value rose by 3.8 percent and final consumption by 4.2..

16.08.17 12:45 |

European Commission spring forecast: real GDP in Bulgaria expected to grow by 2.9 percent in 2017

In its spring report, the European Commission affirms its macroeconomic forecast of the growth rate of the Bulgarian economy for this and next year, while at the same time expecting domestic consumption to continue to be the main growth driver...

14.05.17 07:00 |

No change in EC financial forecast for Bulgaria

In its spring report the European Commission has not altered its forecasts regarding the growth rate of the Bulgarian economy for this and next year. The EC is still expecting that Bulgaria’s GDP will mark a 2.9 percent increase in 2017 and that..

11.05.17 13:59 |

Bulgarian economy still sees imbalances: European Commission

The European Commission has again pointed to major imbalances in Bulgaria’s economy. This country remains among the 12 EU member states who are subject to special monitoring. The EC report says that the banking sector has stabilized but that the..

22.02.17 16:24 |

Bulgaria ends 2016 with budget surplus for first time since 2008

Bulgaria’s Ministry of Finance announced that the balance of the Consolidated Fiscal Programme on a cash basis for 2016 is positive for the first time since 2008. The budget surplus is to the tune of EUR 768 million and will be go to the fiscal..

05.01.17 09:54 |

Bulgarian economy marks growth

In the third quarter of the year the gross domestic product (GDP) of Bulgaria has marked a 3.5-percent growth in comparison to the same quarter of the previous year. This is what estimates of the National Statistical Institute show. Gross added value..

15.11.16 13:26 |

IMF raises outlook for Bulgaria 2017 economic growth

The International Monetary Fund has raised its forecast for Bulgaria’s economic growth up to 3 percent this year and to 2.8 percent next year. This is said in its report for the global economic outlook. In April IMF expected Bulgaria’s GDP to grow by..

05.10.16 11:30 |

Sofia places first in Europe in terms of GDP growth

Bulgaria’s capital Sofia placed among the world’s 30 fastest developing cities. Moreover, that city is first in Europe in terms of GDP (gross domestic product) growth in the past ten years, Sofia city Mayor Yordanka Fandakova announced at the first..

27.09.16 17:16 |
National Statistical Institute

Bulgaria’s GDP marks 3% increase

According to preliminary data of the National Statistical Institute, the gross domestic product of Bulgaria increased with 3%, as compared to the same period last year and with 0.7% as compared to the first trimester of 2016. The GDP grew with 2.9%..

02.09.16 12:36 |

Bulgaria’s GDP growth to slow down in 2016: Bulgarian Academy of Sciences

A report of the Bulgarian Academy of Sciences presented on Monday in Sofia forecasts that Bulgaria’s economy would slow down in 2016. The scientists expect that the growth of the gross domestic product of that country would be 1% lower as compared to..

30.05.16 14:31 |
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