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In 2018 Bulgaria’s government debt was 22.6% of the GDP

According to preliminary data of the National Statistical Institute, in 2018 Bulgaria’s government debt registered a budget surplus of EUR 1,099 million, or 2.0% of this country’s gross domestic product. The government debt amounted to EUR 12,496..

23.04.19 12:47 |

Bulgaria’s exports doubled in past ten years

Bulgaria’s exports doubled in the past ten years and exceeded EUR 28 billion per year, this country’s Deputy Minister of Economy Alexander Manolev announced during the opening of a business forum for Central and Southeast Europe held in Sofia...

20.03.19 11:31 |

GDP for 2018 up by 3.1 percent compared to 2017: National Statistical Institute

During the first quarter of 2018, the Gross Domestic Product of Bulgaria (GDP) stood at 15,243 million Euro /29,813 million Leva/ in current prices, marking a 3.1 percent increase compared to the same period of the previous year. Over the..

07.03.19 11:45 |

Bulgaria last in EU in per capital income

The quality of life in Sofia is almost twice as high than it is in Plovdiv and Varna, National Statistical Institute data show. The biggest average annual per capital income is also in Sofia – over 15,000 euro. Second comes Stara Zagora with..

07.02.19 15:36 |

Bulgarian National Bank 2018 indicators report

Bulgaria’s balance of trade until November 2018 is negative, and stands at 167.2 million euro, with a deficit of 119.5 million euro for November 2017, the Bulgarian National Bank says. In the January-November 2018 period, the trade..

18.01.19 14:25 |

Analysts predict a slowdown in the growth rate of the Bulgarian economy

Bulgaria's economic expansion is expected to slow down to 3% in 2019, due to a drop in exports and deceleration in domestic consumption growth , according toFrance-based credit insurance company Euler Hermes. According to the analysis the drop..

09.01.19 10:26 |

EC lowers growth forecast for Bulgaria’s economy in 2018

The European Commission has announced it is lowering its growth forecast for the Bulgarian economy in 2018 from 3.8 to 3.5 percent because of weaker export performance, but that nonetheless, the growth rate continues considerably above the EU average..

08.11.18 15:55 |

Optimistic 2018 autumn GDP growth projection

The autumn macroeconomic projection of the Ministry of Finance reports a 3.4 percent increase, in real terms, of the GDP over the first half of 2018; the projected annual growth rate in spring stood at 3.9 percent. Now the Finance Ministry is..

05.10.18 15:44 |

The Bulgarian companies become more powerful and competitive

The annual revenues  of the Top 100 Bulgarian Companies Leading in the Economy increased with 90% on average. The average profit of these companies amounted to EUR 550,000, the Bulgarian Chamber of Commerce and Industry announced today . The Bulgarian..

10.09.18 16:40 |

Bulgaria’s debt equivalent of one quarter of country’s GDP

Bulgaria’s debt for 2017 stands at 25.06 bn Leva /12.8 bn euro/, or 25.4 percent of the country’s GDP, preliminary National Statistical Institute (NSI) estimates indicate. General government has a budget surplus of 920 mln Leva /470 mln..

23.04.18 12:02 |
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