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Preliminary NSI data put GDP growth at 1.8 per cent in 2023

Bulgaria's gross domestic product grew by 1.8 per cent to BGN 183.7 billion (EUR 93.9 billion) last year, according to preliminary data released by the National Statistical Institute. One person accounts for BGN 28 516 (EUR 14 580) of the total...

08.03.24 13:30 |
Aerial view of the BNB building.

Government debt for 2023 was €2bn higher than in 2022

Bulgaria's public external debt at the end of 2023 was €10.888 billion, an increase of 22.7 per cent, or more than €2 billion, compared with the end of 2022. This is 11.6 per cent of GDP, the Bulgarian National Bank said. In December 2023, Bulgaria's..

28.02.24 13:10 |

NSI: Business sentiment improves at the beginning of the year

In January 2024, the business sentiment in the country improved due to the improvement of the business climate across all observed sectors . In industry and construction, there are expectations for some price increases in the next three months, while..

30.01.24 12:36 |

NSI: 3.6% of Bulgarian enterprises use AI technologies

21.7% of Bulgarian companies use enterprise resource planning software. A smaller proportion of companies have a customer relationship management application - 10.5%, or use business intelligence software - 4.2%, according to data from the National..

08.12.23 18:10 |

17% of babies and young children in Bulgaria live in poverty

Seventeen per cent of children aged 0-5 in the country live in poverty, according to National Statistical Institute data. The infant mortality rate remains almost double the EU average of 3.6%. The indicators are most worrying in areas with compact..

02.12.23 12:22 |

NSI: Bulgaria's GDP grew by 1.7% in the third quarter

The country's gross domestic product growth slowed on an annual basis in the third quarter of 2023 , while the quarterly growth rate was maintained, data from the National Statistical Institute showed.  In the third quarter, GDP grew by 1.7%..

14.11.23 15:50 |

This is the best-case scenario: Bulgarians will number 5.1 million by the end of the century, the NSI estimates

Three scenarios are outlined by the National Statistical Institute depending on the expected socio-economic development of the country.   The first scenario, which is considered realistic and in line with EU standards, is that the country's..

14.11.23 14:05 |

NSI: Bulgaria's debt for 2022 is 22.6% of GDP

Bulgaria's debt for 2022 is 19.35 billion euros, or 22.6% of GDP, according to final data from the National Statistical Institute. The institutional sector "General government" reports a budget deficit of BGN -2.05 billion euros or -2.9% of GDP.

23.10.23 15:30 |

NSI: Median salary in the second quarter is 1000 EUR

1 957 BGN (1001 EUR) is the median salary in the second quarter of the year - by 4% more compared to January-March and by 13% more compared to the same period last year, according to the National Statistical Institute.  The largest increase in..

11.08.23 13:51 |

NSI: International travel doubled in 2023 compared to levels in 2022

Bulgarian nationals' international travel increased by 16.1% in June compared to last year, according to a survey by the National Statistical Institute. Their total number amounted to 790 300.  The highest number of travels was to Turkey - 214 900,..

27.07.23 14:36 |
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