Bulgaria GDP Growth Rate  1997-2016 | Data | Chart | Calendar | Forecast

The Bulgarian economy grew 0.7 percent quarter-on-quarter in the third quarter of 2016, compared to a 0.9 expansion in the previous period and below flash estimates of 0.8 percent gain. Final consumption rose 0.5 percent, the same as in the previous period and net external demand continued to contribute negatively, as exports rose 3 percent (+1.4 percent in Q2) while imports increased 2.7 percent (+0.5 percent in Q2). Meantime, fixed investment contracted less than in the previous period (-0.9 percent compared to -1.4 percent in Q2). Year-on-year, the GDP advanced 3.4 percent, following a 3.6 expansion in the previous quarter. GDP Growth Rate in Bulgaria averaged 0.99 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)
2016-09-08 08:00 AM Q2 0.7% 0.7% 0.7% 0.7%
2016-11-15 09:10 AM Q3 0.8% 0.9% 0.6%
2016-12-06 09:00 AM Q3 0.7% 0.9% 0.8% 0.8%
2017-02-13 09:00 AM Q4 0.7% 0.70%
2017-03-08 09:00 AM Q4 0.7% 0.70%
2017-05-12 08:00 AM Q1 0.68%




Bulgaria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.90 13.40 -7.70 percent [+]
GDP Annual Growth Rate 3.40 3.60 17.20 -14.00 percent [+]
GDP 48.95 56.72 56.95 9.70 USD Billion [+]
GDP Constant Prices 20208.81 16600.98 22099.19 209.23 BGN Million [+]
Gross Fixed Capital Formation 4727.00 3017.80 7094.86 7.04 BGN Million [+]
GDP per capita 7502.44 7239.90 7502.44 3181.08 USD [+]
GDP per capita PPP 16956.41 16363.05 16956.41 7990.35 USD [+]
GDP From Agriculture 783.31 444.03 1859.10 9.99 BGN Million [+]
GDP From Construction 875.65 626.75 1801.13 3.40 BGN Million [+]
GDP From Manufacturing 4655.46 4037.59 4655.46 30.78 BGN Million [+]
GDP From Public Administration 2471.08 2513.33 3410.35 9.17 BGN Million [+]
GDP From Services 3952.06 2733.94 4888.51 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 December of 2016.

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



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Spain 0.70 Sep/16
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Euro Area 0.30 Sep/16
Hungary 0.30 Sep/16
Italy 0.30 Sep/16
Japan 0.30 Sep/16
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Belgium 0.20 Sep/16
Czech Republic 0.20 Sep/16
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France 0.20 Sep/16
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Trinidad And Tobago -3.90 Mar/16
Namibia -6.20 Jun/16