The Bulgarian economy grew 0.4% year-on-year in the third quarter of 2021, less than a 9.9% rise in the previous quarter, a preliminary estimates showed. Still, it was the second growth quarter of growth amid the low base effect from the pandemic shock last year and as the economy gradually recovers. Final consumption increased (5.1%), while gross fixed capital formation decreased (-3%). Meanwhile, both exports of goods & services and imports advanced by 12.5% and 11.1%, respectively. source: National Statistical Institute, Bulgaria
GDP Annual Growth Rate in Bulgaria averaged 2.74 percent from 1996 until 2021, 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. This page provides - Bulgaria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
GDP Annual Growth Rate in Bulgaria is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria GDP Annual Growth Rate is projected to trend around 4.20 percent in 2022 and 2.70 percent in 2023, according to our econometric models.