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

The Bulgarian economy expanded 2.9 percent year-on-year in the first quarter of 2016, lower than a 3.0 percent growth in the previous period and in line with preliminary estimates. Household consumption increased at a faster pace (+3.7 percent from +2.8 percent in Q4) while government spending (-4.4 percent from 0% in Q4) and gross fixed capital formation fell (-3.9 percent from +0.9 percent in Q4). Exports growth also eased (+0.3 percent from +6.1 percent) while imports contracted (-1.3 percent from +4.1 percent). On a quarterly basis, the Bulgarian economy advanced 0.7 percent, the same as in Q4. GDP Annual Growth Rate in Bulgaria averaged 2.86 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. GDP Annual Growth Rate in Bulgaria is reported by the National Statistical Institute, Bulgaria.

Bulgaria GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.00 17.20 -14.00 1996 - 2016 percent Quarterly
SA, WDA
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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-08 09:00 AM Q4 3% 2.9% 3.1% 3.1%
2016-05-13 08:00 AM Q1 2.9% 3% 3.2%
2016-06-07 08:00 AM Q1 2.9% 3% 2.9% 2.9%
2016-08-15 08:00 AM Q2 2.9% 2.8%
2016-09-08 08:00 AM Q2 2.9%
2016-11-14 09:00 AM Q3 2.5%

Bulgaria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.70 13.40 -7.70 percent [+]
GDP Annual Growth Rate 2.90 3.00 17.20 -14.00 percent [+]
GDP 56.71 55.62 56.94 9.70 USD Billion [+]
GDP Constant Prices 16600.98 22099.19 22099.19 209.23 BGN Million [+]
Gross Fixed Capital Formation 3017.80 5496.50 7094.86 7.04 BGN Million [+]
GDP per capita 4915.85 4807.59 4915.85 2214.02 USD [+]
GDP per capita PPP 16048.44 15695.00 16048.44 8032.96 USD [+]
GDP From Agriculture 444.03 762.05 1859.10 9.99 BGN Million [+]
GDP From Construction 626.75 934.81 1801.13 3.40 BGN Million [+]
GDP From Manufacturing 4037.59 4173.30 4620.63 30.78 BGN Million [+]
GDP From Public Administration 2513.33 3087.23 3410.35 9.17 BGN Million [+]
GDP From Services 2733.94 4797.45 4888.51 18.12 BGN Million [+]




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Ivory Coast 10.30 Dec/15
Ethiopia 9.60 Dec/15
Ireland 9.20 Dec/15
Papua New Guinea 9.00 Dec/15
India 7.90 Mar/16
Congo 7.70 Dec/15
Uzbekistan 7.50 Mar/16
Rwanda 7.30 Mar/16
Monaco 7.20 Dec/14
Tanzania 7.10 Dec/15
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Cambodia 6.90 Dec/15
Philippines 6.90 Mar/16
China 6.70 Mar/16
Djibouti 6.70 Dec/15
Turkmenistan 6.70 Dec/15
Uganda 6.68 Dec/15
Nicaragua 6.60 Dec/15
Tajikistan 6.50 Mar/16
Senegal 6.40 Mar/16
Dominican Republic 6.10 Dec/15
Palestine 6.10 Dec/15
Togo 6.00 Dec/15
Bolivia 5.95 Dec/15
Benin 5.70 Dec/15
Chad 5.60 Dec/15
Kenya 5.60 Dec/15
Bhutan 5.50 Dec/15
Sri Lanka 5.50 Mar/16
Vietnam 5.46 Mar/16
Mozambique 5.30 Mar/16
Sao Tome and Principe 5.30 Dec/15
Malta 5.20 Mar/16
Guinea Bissau 5.00 Dec/15
Kosovo 5.00 Dec/15
Zambia 5.00 Dec/15
Indonesia 4.92 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Mar/16
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Turkey 4.80 Mar/16
Gambia 4.70 Dec/15
Mali 4.70 Dec/15
Morocco 4.70 Dec/15
Panama 4.60 Mar/16
Armenia 4.40 Mar/16
Luxembourg 4.40 Mar/16
Peru 4.40 Mar/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Romania 4.30 Mar/16
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Gabon 4.20 Dec/15
Iceland 4.20 Mar/16
Malaysia 4.20 Mar/16
Sweden 4.20 Mar/16
Guatemala 4.10 Dec/15
Fiji 4.00 Dec/15
Qatar 4.00 Dec/15
Algeria 3.90 Dec/15
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Honduras 3.60 Dec/15
Mauritius 3.60 Dec/15
Saudi Arabia 3.60 Dec/15
Namibia 3.50 Mar/16
Serbia 3.50 Mar/16
Lesotho 3.40 Dec/15
Slovakia 3.40 Mar/16
Spain 3.40 Mar/16
Costa Rica 3.30 Dec/15
Cape Verde 3.20 Dec/15
Comoros 3.20 Dec/15
Thailand 3.20 Mar/16
Australia 3.10 Mar/16
Mauritania 3.10 Dec/15
Mongolia 3.10 Mar/16
Czech Republic 3.00 Mar/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Poland 3.00 Mar/16
Bulgaria 2.90 Mar/16
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
Bahrain 2.80 Dec/15
New Zealand 2.80 Mar/16
South Korea 2.80 Mar/16
Croatia 2.70 Mar/16
Cyprus 2.70 Mar/16
Cameroon 2.60 Dec/15
El Salvador 2.60 Dec/15
Georgia 2.60 Mar/16
Jordan 2.60 Dec/15
Mexico 2.60 Mar/16
Somalia 2.60 Dec/14
Colombia 2.50 Mar/16
Lithuania 2.50 Mar/16
Slovenia 2.50 Mar/16
Iraq 2.40 Dec/15
Albania 2.15 Dec/15
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Dec/15
Latvia 2.10 Mar/16
Chile 2.00 Mar/16
Macedonia 2.00 Mar/16
United Kingdom 2.00 Mar/16
United States 2.00 Mar/16
Cayman Islands 1.90 Sep/15
European Union 1.80 Mar/16
Singapore 1.80 Mar/16
Estonia 1.70 Mar/16
Euro Area 1.70 Mar/16
Haiti 1.70 Dec/15
Israel 1.70 Mar/16
Swaziland 1.70 Dec/15
Austria 1.60 Mar/16
Finland 1.60 Mar/16
Belgium 1.50 Mar/16
Netherlands 1.50 Mar/16
Paraguay 1.50 Mar/16
Zimbabwe 1.50 Dec/15
Montenegro 1.40 Dec/15
France 1.30 Mar/16
Germany 1.30 Mar/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
Canada 1.10 Mar/16
Italy 1.00 Mar/16
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Tunisia 1.00 Mar/16
Argentina 0.90 Dec/15
Hungary 0.90 Mar/16
Portugal 0.90 Mar/16
Hong Kong 0.80 Mar/16
Moldova 0.80 Mar/16
Nepal 0.77 Dec/15
Jamaica 0.70 Dec/15
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Belize 0.60 Dec/15
Denmark 0.60 Mar/16
Iran 0.60 Mar/15
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Barbados 0.20 Dec/14
Suriname 0.20 Dec/15
Guinea 0.10 Dec/15
Japan 0.10 Mar/16
Ukraine 0.10 Mar/16
Kazakhstan -0.20 Mar/16
South Africa -0.20 Mar/16
Nigeria -0.40 Mar/16
Brunei -0.50 Dec/15
Uruguay -0.50 Mar/16
Puerto Rico -0.60 Dec/15
Taiwan -0.68 Mar/16
Liechtenstein -0.80 Dec/14
Ecuador -0.90 Dec/15
Russia -1.20 Mar/16
Greece -1.30 Mar/16
Kuwait -1.60 Dec/14
Botswana -1.90 Dec/15
Syria -2.30 Dec/11
Trinidad and Tobago -3.00 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Burundi -4.10 Dec/15
Kyrgyzstan -4.90 Mar/16
South Sudan -5.30 Dec/15
Brazil -5.40 Mar/16
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Macau -13.30 Mar/16
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15