Bulgaria GDP Growth Rate  1997-2017 | Data | Chart | Calendar | Forecast

The Bulgarian GDP advanced 0.9 percent on the quarter in the last three months of 2016, accelerating from a 0.7 percent expansion in the previous period and matching preliminary estimates, final figures showed. Final consumption was the main driver of growth and increased at a faster 1.3 percent (0.5 percent in Q3). In contrast, exports slowed (0.5 percent vs 3 percent), imports rose less (1.7 percent vs 2.7 percent) and gross fixed capital formation declined further (-1.8 percent vs -0.9 percent). Year-on-year, the GDP advanced 3.4 percent, the same as in the previous period. Considering 2016, the Bulgarian economy expanded 3.4 percent compared to a 3 percent growth in 2015. GDP Growth Rate in Bulgaria averaged 0.98 percent from 1997 until 2016, reaching an all time high of 13.40 percent in the fourth quarter of 1997 and a record low of -7.70 percent in the first quarter of 1998.

Bulgaria GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-06 09:00 AM Q3 0.7% 0.9% 0.8% 0.8%
2017-02-14 09:00 AM Q4 0.9% 0.7% 0.8%
2017-03-07 09:00 AM Q4 0.9% 0.7% 0.9% 0.9%
2017-05-16 08:00 AM Q1 0.9% 0.7%
2017-06-07 08:00 AM Q1 0.7%
2017-08-16 08:00 AM Q2 0.6%




Bulgaria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 0.70 13.40 -7.70 percent [+]
GDP Annual Growth Rate 3.40 3.40 17.20 -14.00 percent [+]
GDP 50.20 56.73 57.42 9.70 USD Billion [+]
GDP Constant Prices 23310.50 22807.00 23310.50 209.23 BGN Million [+]
Gross Fixed Capital Formation 5108.64 4682.24 7094.86 7.04 BGN Million [+]
GDP per capita 7612.02 7299.55 7612.02 3223.81 USD [+]
GDP per capita PPP 17060.12 16359.80 17060.12 8029.92 USD [+]
GDP From Agriculture 738.30 1595.36 1859.10 9.99 BGN Million [+]
GDP From Construction 672.35 1192.45 1801.13 3.40 BGN Million [+]
GDP From Manufacturing 4626.94 5140.33 5140.33 30.78 BGN Million [+]
GDP From Public Administration 3498.03 2597.84 3498.03 9.17 BGN Million [+]
GDP From Services 5524.45 4968.44 5524.45 18.12 BGN Million [+]


Bulgaria GDP Growth Rate Notes

Bulgaria is one of the lowest income member states of the European Union to which it belongs since 2007. The main sectors of Bulgarian economy are services (59 percent of total GDP), followed by industry (24 percent) and agriculture (5 percent). Bulgaria produces a significant amount of manufactures and raw materials (iron, copper, gold, bismuth, coal), electronics, refined petroleum fuels, vehicle components, weapons and construction materials. 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 Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.70 13.40 -7.70 1997 - 2016 percent Quarterly
SA, WDA



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