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

Bulgaria's gross domestic product advanced 3.4 percent year-on-year in the first quarter of 2017, compared to a 3.4 percent growth in the previous quarter, preliminary estimates showed. Final consumption increased (4.1 percent from 0.8 percent in Q4). Meantime, exports continued to rise (7.2 percent from 6.8 percent in Q4) but imports went up faster (10.6 percent from 5.5 percent in Q4). In contrast, gross fixed capital formation declined further (-5.4 percent from -4.5 percent in Q4). On a quarterly basis, the economy grew 0.8 percent compared to a 0.9 percent expansion in the December quarter. GDP Annual Growth Rate in Bulgaria averaged 2.91 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 Forecast (i)
2017-03-07 09:00 AM Q4 3.4% 3.4% 3.4% 3.4%
2017-05-16 08:00 AM Q1 3.4% 3.4% 3.4%
2017-06-07 08:00 AM Q1 3.5% 3.4% 3.4% 3.4%
2017-08-16 08:00 AM Q2 3.5% 3.6%
2017-09-05 08:00 AM Q2 3.6%
2017-11-14 09:00 AM Q3 3.7%




Bulgaria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 0.90 13.40 -7.70 percent [+]
GDP Annual Growth Rate 3.50 3.40 17.20 -14.00 percent [+]
GDP 50.20 56.73 57.42 9.70 USD Billion [+]
GDP Constant Prices 17650.01 23310.50 23310.50 209.23 BGN Million [+]
Gross Fixed Capital Formation 3330.97 5108.64 7094.86 7.04 BGN Million [+]
GDP per capita 7612.02 7299.55 7612.02 3223.81 USD [+]
GDP per capita PPP 17000.14 16302.29 17000.14 8001.69 USD [+]
GDP From Agriculture 430.96 738.30 1859.10 9.99 BGN Million [+]
GDP From Construction 690.19 672.35 1801.13 3.40 BGN Million [+]
GDP From Manufacturing 4454.22 4626.94 5140.33 30.78 BGN Million [+]
GDP From Public Administration 2886.20 3498.03 3498.03 9.17 BGN Million [+]
GDP From Services 3246.97 5524.45 5524.45 18.12 BGN Million [+]


Bulgaria GDP Annual Growth Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.40 17.20 -14.00 1996 - 2017 percent Quarterly
SA, WDA



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17