Construction output in Bulgaria dropped 7.1 percent over a year earlier in December 2020, following a 4.1 percent fall in the previous month. It was the eleventh successive month of declines in construction activity, due to a sharper contraction in building activity and a renewed decrease in civil engineering works. source: National Statistical Institute, Bulgaria
Construction Output in Bulgaria averaged 5.85 percent from 2001 until 2020, reaching an all time high of 49.80 percent in January of 2007 and a record low of -26.70 percent in February of 2010. This page provides - Bulgaria Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Construction Output in Bulgaria is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Bulgaria to stand at 3.00 in 12 months time. In the long-term, the Bulgaria Construction Output is projected to trend around 5.00 percent in 2022, according to our econometric models.