Bulgaria GDP Growth Rate

The Gross Domestic Product (GDP) in Bulgaria expanded 0.70 percent in the third quarter of 2018 over the previous quarter. GDP Growth Rate in Bulgaria averaged 1 percent from 1997 until 2018, reaching an all time high of 13.40 percent in the fourth quarter of 1997 and a record low of -7.70 percent in the first quarter of 1998.

GDP Growth Rate in Bulgaria is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Bulgaria to stand at 0.70 in 12 months time. In the long-term, the Bulgaria GDP Growth Rate is projected to trend around 0.60 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-08-14	08:00 AM	GDP Growth Rate QoQ Prel	0.8%	0.9%		0.7%
2018-09-07	08:00 AM	GDP Growth Rate QoQ Final	0.8%	0.9%	0.8%	0.8%
2018-11-14	09:00 AM	GDP Growth Rate QoQ Prel	0.5%	0.8%		0.8%
2018-12-07	09:00 AM	GDP Growth Rate QoQ Final	0.7%	0.8%		0.5%
2019-02-14	09:00 AM	GDP Growth Rate QoQ Prel		0.7%		0.6%
2019-03-07	09:00 AM	GDP Growth Rate QoQ Final		0.7%		0.6%
2019-05-15	08:00 AM	GDP Growth Rate QoQ Prel

Bulgaria GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.70	0.80	13.40	-7.70	percent	[+]
GDP Annual Growth Rate	3.10	3.40	17.20	-14.00	percent	[+]
GDP	56.83	53.24	57.42	9.70	USD Billion	[+]
GDP Constant Prices	24363.66	22057.54	24363.66	209.23	BGN Million	[+]
Gross Fixed Capital Formation	4375.65	4892.04	7556.58	644.39	BGN Million	[+]
GDP per capita	8311.93	7967.71	8311.93	3223.81	USD	[+]
GDP per capita PPP	18563.31	17794.54	18563.31	8001.71	USD	[+]
GDP From Agriculture	1887.14	824.18	1931.24	9.99	BGN Million	[+]
GDP From Construction	1331.51	1019.06	1801.13	3.40	BGN Million	[+]
GDP From Manufacturing	5883.01	5684.26	5883.01	30.78	BGN Million	[+]
GDP From Public Administration	3061.47	3128.10	3454.20	9.17	BGN Million	[+]
GDP From Services	5889.07	5073.61	5889.07	18.12	BGN Million	[+]

Bulgaria is one of the lowest income member states of the European Union to which it belongs since 2007. The main sectors of Bulgarian economy are services (59 percent of total GDP), followed by industry (24 percent) and agriculture (5 percent). On the expenditure side, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (17 percent). Exports of goods and services account for 65 percent of GDP while imports account for 66 percent, subtracting 1 percent of total GDP. This page provides - Bulgaria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	0.70	0.80	13.40	-7.70	1997 - 2018	percent	Quarterly	SA, WDA

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Country	Last		Previous	Range
United States	3.40	Sep/18	4.2	16.7 : -10	%
Indonesia	3.09	Sep/18	4.21	4.21 : -3.57	%
South Africa	2.20	Sep/18	-0.4	7.6 : -6.1	%
India	1.90	Jun/18	2	5.4 : -1.7	%
China	1.60	Sep/18	1.7	2.4 : 1.4	%
Singapore	1.60	Dec/18	3.5	36.6 : -13.5	%
Russia	0.90	Jun/18	0.4	4.1 : -5.4	%
Brazil	0.80	Sep/18	0.2	3.9 : -3.9	%
Mexico	0.80	Sep/18	-0.1	3.2 : -5.7	%
South Korea	0.60	Sep/18	0.6	7.8 : -7	%
Spain	0.60	Sep/18	0.6	1.6 : -1.6	%
United Kingdom	0.60	Sep/18	0.4	5 : -2.7	%
Canada	0.50	Sep/18	0.7	3.1 : -2.3	%
Australia	0.30	Sep/18	0.9	4.4 : -2	%
France	0.30	Sep/18	0.2	8 : -5.3	%
Euro Area	0.20	Sep/18	0.4	1.3 : -3	%
Netherlands	0.20	Sep/18	0.7	1.7 : -3.6	%
Saudi Arabia	-0.05	Mar/18	0.05	8.5 : -2.1	%
Italy	-0.10	Sep/18	0.2	6 : -2.8	%
Germany	-0.20	Sep/18	0.5	4 : -4.5	%
Switzerland	-0.20	Sep/18	0.7	2.4 : -1.9	%
Japan	-0.60	Sep/18	0.7	3.2 : -4.8	%
Argentina	-0.70	Sep/18	-4.1	5 : -5.7	%
Turkey	-1.10	Sep/18	0.6	5.6 : -5.2	%