Bulgaria GDP Growth Eases in Q1

2025-05-15 08:17 By Kyrie Dichosa 1 min. read

Bulgaria’s economy expanded by 3.1% year-on-year in the first quarter of 2025, moderating slightly from a two-year high of 3.4% in the previous quarter, preliminary estimates showed.

The slowdown was largely driven by a negative contribution from net trade, as exports declined further by 3.4% (vs -1.7% in Q4), while imports rose at a faster pace of 6.2% (vs 2.2%).

Meanwhile, domestic demand showed stronger momentum, with final consumption growth accelerated to 7.1% from 5.8% in Q4, reflecting resilient household and government spending.

Gross fixed capital formation also improved markedly, rising by 6.1% compared to 0.8% previously.

On a quarterly basis, the economy expanded by 0.6%, easing from the 0.9% growth recorded in the last three-month period.



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