Bulgaria's economy advanced 3.0 percent year-on-year in the third quarter of 2018, easing from a 3.4 percent growth in the previous quarter, the preliminary estimate showed. It was the weakest expansion since the last quarter of 2014, as output slowed for gross fixed investment (6.2 percent compared to 6.6 percent in Q2) and was unchanged at 6.9 percent for final consumption, the same as in the second quarter of 2018. In addition, exports fell further (-3.2 percent compared to -1.9 percent) and imports edged up to 5.1 percent, compared to 5.0 percent in the prior quarter. On a quarterly basis, the GDP grew 0.5 percent compared to a 0.8 percent in the second quarter of 2018. GDP Annual Growth Rate in Bulgaria averaged 2.97 percent from 1996 until 2018, 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.

GDP Annual Growth Rate in Bulgaria is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Bulgaria to stand at 3.10 in 12 months time. In the long-term, the Bulgaria GDP Annual Growth Rate is projected to trend around 3.70 percent in 2020, according to our econometric models.

Bulgaria GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-14 08:00 AM GDP Growth Rate YoY Prel 3.4% 3.6% 3.2%
2018-09-07 08:00 AM GDP Growth Rate YoY Final 3.4% 3.6% 3.4% 3.4%
2018-11-14 09:00 AM GDP Growth Rate YoY Prel 3.0% 3.4% 3.2%
2018-12-07 09:00 AM GDP Growth Rate YoY Final 3.4% 3.0%


Bulgaria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.80 13.40 -7.70 percent [+]
GDP Annual Growth Rate 3.00 3.40 17.20 -14.00 percent [+]
GDP 56.83 53.24 57.42 9.70 USD Billion [+]
GDP Constant Prices 22043.59 18324.42 24192.41 209.23 BGN Million [+]
Gross Fixed Capital Formation 4754.45 3242.22 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 745.03 406.52 1859.10 9.99 BGN Million [+]
GDP From Construction 1009.51 810.78 1801.13 3.40 BGN Million [+]
GDP From Manufacturing 5496.65 4692.53 5496.65 30.78 BGN Million [+]
GDP From Public Administration 3216.40 3241.30 3474.91 9.17 BGN Million [+]
GDP From Services 4893.61 3489.63 5691.24 18.12 BGN Million [+]


Bulgaria GDP Annual Growth Rate

In Bulgaria, 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.40 17.20 -14.00 1996 - 2018 percent Quarterly
SA, WDA




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India 8.20 Jun/18
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Japan 0.30 Sep/18
Argentina -4.20 Jun/18


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