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Nonetheless, Bulgaria’s healthy fiscal metrics and increased EU funding should cushion the economic fallout, although a potential resurgence of coronavirus cases poses a downside risk.

Bulgaria GDP (Gross Domestic Product) was INT$137.24billion for 2019 in PPP terms. Online Store All rights reserved. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Trustworthy official statistics help us all overcome crises. Incoming data for Q3 points to a fragile recovery, after GDP nosedived at a historic pace in Q2 on Covid-19-related shocks.

Bulgaria September Inflation Rate at Near 4-Year Low of 0.9%, Bulgaria Retail Sales Continue to Drop in August, Bulgaria Industrial Output Falls for 6th Month, Bulgaria Construction Output Drops at a Faster Pace in August, Bulgaria Tourist Arrivals Fall 67.9% YoY in August, Bulgaria GDP Contracts More than Expected in Q2, Bulgaria Current Account Surplus Narrows in June, Bulgaria Consumer Morale Remains Weak in Q3, Bulgaria Producer Inflation Slows to 8-Month Low of 1.4%, China Services Growth at 7-Year High: NBS, China Manufacturing Expands for 8th Month: NBS, Dollar Up for 3rd Day to Book Best Week in a Month, TSX Drops on Friday, Books 4.5% Weekly Loss, Brent Crude Down for 3rd Day to Book Biggest Weekly Loss since April, WTI Crude Tumbles 11% in October on Demand Concerns. Covid-19 containment measures will continue to subdue private consumption, while the bleak economic outlook for major trading partners will suppress external demand. The Gross Domestic Product (GDP) in Bulgaria was worth 67.93 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. The Gross Domestic Product (GDP) in Bulgaria was worth 67.93 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. On the external front, exports of goods and services plummeted 19.0% on an annual basis in the second quarter (Q1: +1.9% yoy), dragged down by depressed foreign demand and a collapse in tourist arrivals due to the pandemic. FocusEconomics Consensus Forecast panelists project the economy to fall 5.5% in 2020, which is down 0.1 percentage points from last month’s forecast. Consumer prices rose 0.04% over the previous month in August, moderating from July's 0.47% rise.

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The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP. GDP PPP based on: 2011 International Dollars. Meanwhile, total consumption cooled in the quarter, growing a marginal 0.4% after having expanded 4.1% in Q1. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.

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1980-2019 Data | 2020-2022 Forecast | Historical | Chart | News. Publish your articles and forecasts in our website. Bulgaria Economic Outlook. Bulgaria is one of the lowest income member states of the European Union to which it belongs since 2007. The GDP value of Bulgaria represents 0.06 percent of the world economy. Q2’s result marked the worst reading on record, reflecting the impact of pandemic-related restrictions. Population figures based on United Nations data.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Bulgaria GDP (Gross Domestic Product) was INT$137.24billion for 2019 in PPP terms. The economy contracted 8.5% in calendar-adjusted year-on-year terms in the second quarter, slightly greater than the 8.2% drop reported in the preliminary estimate and contrasting the previous quarter’s 2.4% expansion.

The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. World's GDP is $80,934,771,028,340 (nominal, 2017).. See also: GDP per Capita It is estimated that the application of the latest standard would add US$824 billion. The Trading Economics Application Programming Interface (API) provides direct access to our data.

It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The decline in industrial production softened in July, marking the best result since February.

GDP Growth Rate in 2017 was 3.81%, representing a change of 2,164,275,078 US$ over 2016, when Real GDP was $56,786,516,854.

World Economics Limited. Global Economic Prospects .

GDP growth 72.2% employment rate 5.9% unemployment rate 100.7% industrial production index 99.3% total producer price index 99.0% construction production index 2.6% turnover in retail trade. Search, browse and map more than 10,000 projects from 1947 to the present.


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source: World Bank 10Y 25Y Client Log In, Facebook | Bulgaria GDP | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Bulgaria: Inflation drops to lowest reading since December 2016 in September, Bulgaria: Decline in industrial output softens in August, Bulgaria: Inflation remains stable in August, Bulgaria: Decline in industrial output softens in July, Bulgaria: GDP dives in Q2 as pandemic hits economic activity.

All rights reserved.Terms & Conditions. IBRD/IDA Operations Approved by Fiscal Year, New and Supplemental Projects by Fiscal Year, Average Monthly Temperature 1901 - 2009 (C), Average Monthly Rainfall 1901 - 2009 (mm), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building, Poverty headcount ratio at national poverty lines (% of population), GNI per capita, Atlas method (current US$), Statistical Capacity score (Overall average). Nominal (current) Gross Domestic Product (GDP) of Bulgaria is $58,220,973,783 (USD) as of … Bulgaria - GDP (billions of Euros) GDP dives in Q2 as pandemic hits economic activity.
The economy is expected to contract this year.

The economy contracted 8.5% in calendar-adjusted year-on-year terms in the second quarter, slightly greater than the 8.2% drop reported in the preliminary estimate and contrasting the previous quarter’s 2.4% expansion. However, tourist arrivals fell by over two thirds in August, pointing to continued weakness in the important tourism sector.

Home > Countries > Bulgaria > GDP (EUR bn). The gross domestic product (GDP) measures of national income and output for a given country's economy. About However, a second wave of the virus, potentially leading to renewed restrictions, clouds the outlook. Meanwhile, on a seasonally-adjusted quarter-on-quarter basis, economic activity dived 10.0% in Q2, swinging from Q1’s 0.3% increase.
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