Bulgaria GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

Bulgaria's economy advanced 3.6 percent year-on-year in the second quarter of 2017, following a 3.5 percent growth in the previous quarter, in line with preliminary estimates, final figures showed. It is the strongest pace of expansion since the second quarter of 2016, led by household expenditure (4.1 percent vs 5 percent in Q1) and government consumption (2.3 percent vs 3.9 percent), while fixed investment declined at a slower pace (-1 percent vs -4.6 percent). Also, exports continued to rise (6.5 percent vs 5.8 percent) but imports grew faster (7.7 percent vs 7.1 percent). On a quarterly basis, the gross domestic product grew 1 percent, compared to a 0.9 percent expansion in the previous period and above preliminary estimates of a 0.9 percent increase. Yet, it is the strongest growth since the first quarter of 2015. GDP Annual Growth Rate in Bulgaria averaged 2.92 percent from 1996 until 2017, reaching an all time high of 17.20 percent in the first quarter of 1998 and a record low of -14 percent in the third quarter of 1996.

Bulgaria GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-07 08:00 AM GDP Growth Rate YoY Final 3.5% 3.4% 3.4% 3.4%
2017-08-16 08:00 AM GDP Growth Rate YoY Prel 3.6% 3.5% 3.6%
2017-09-05 08:00 AM GDP Growth Rate YoY Final 3.6% 3.5% 3.6% 3.6%
2017-11-14 09:00 AM GDP Growth Rate YoY Prel 3.6% 3.7%
2017-12-05 09:00 AM GDP Growth Rate YoY Final 3.7%


Bulgaria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.90 13.40 -7.70 percent [+]
GDP Annual Growth Rate 3.60 3.50 17.20 -14.00 percent [+]
GDP 52.40 50.20 57.42 9.70 USD Billion [+]
GDP Constant Prices 21237.86 17650.01 23310.50 209.23 BGN Million [+]
Gross Fixed Capital Formation 3330.97 5108.64 7094.86 7.04 BGN Million [+]
GDP per capita 7929.49 7612.02 7929.49 3223.81 USD [+]
GDP per capita PPP 17709.08 17000.07 17709.08 8001.66 USD [+]
GDP From Agriculture 842.74 430.96 1859.10 9.99 BGN Million [+]
GDP From Construction 929.04 690.19 1801.13 3.40 BGN Million [+]
GDP From Manufacturing 5221.30 4454.22 5221.30 30.78 BGN Million [+]
GDP From Public Administration 3026.10 2886.20 3498.03 9.17 BGN Million [+]
GDP From Services 4530.48 3246.97 5524.45 18.12 BGN Million [+]


Bulgaria GDP Annual Growth Rate

From 2004 to 2008, Bulgaria's GDP growth averaged more than 6 percent driven by significant amounts of bank lending, consumption and foreign direct investment. However, the GDP contracted by 4.2 percent in 2009 due to global financial crises and has recover only slightly. 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.50 17.20 -14.00 1996 - 2017 percent Quarterly
SA, WDA




gdp annual growth rate by Country

Last
China 6.90 Jun/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
Mexico 1.80 Jun/17
France 1.70 Jun/17
United Kingdom 1.70 Jun/17
Italy 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17