Bulgaria GDP Annual Growth Rate  1996-2016 | Data | Chart | Calendar

Bulgaria’s gross domestic product expanded 3.4 percent year-on-year in the third quarter of 2016 easing from a 3.6 percent growth in the previous period and below flash estimates of 3.5 percent. Final consumption rose at slower pace (+0.2 percent from +1.2 percent in Q2) and net external demand continued to contribute negatively, despite a sharp rise in both exports (+9.5 percent from +4.5 percent in Q2) and imports (+7.5 percent from +2.8 percent in Q2). By contrast, fixed investment declined 1.8 percent (from -0.1 percent in Q2). On a quarter-on-quarter basis, the GDP expanded 0.7 percent, compared to 0.9 growth in the previous quarter. GDP Annual Growth Rate in Bulgaria averaged 2.89 percent from 1996 until 2016, 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 Reference Actual Previous Consensus Forecast (i)
2016-09-08 08:00 AM Q2 3% 2.9% 3% 3%
2016-11-15 09:10 AM Q3 3.5% 3.6% 2.5%
2016-12-06 09:00 AM Q3 3.4% 3.6% 3.5% 3.5%
2017-02-13 09:00 AM Q4 3.4% 2.9%
2017-03-08 09:00 AM Q4 3.4% 2.9%
2017-05-12 08:00 AM Q1 2.8%




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 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.60 17.20 -14.00 1996 - 2016 percent Quarterly
SA, WDA



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