Bulgaria’s economy grew by 0.7 per cent in the third quarter of the year, the National Statistical Institute (NSI) said in a flash estimate on November 14. In real terms, gross domestic product (GDP) in Bulgaria in July-September was 62.02 billion leva, or 31.71 billion euro.
In annual terms, the economic growth in the third quarter was 3.2 per cent, compared to the same period of 2024. NSI is due to announce preliminary growth figures for the quarter on December 5.
The flash estimate’s seasonally-adjusted data showed domestic consumption increase by 2.2 per cent during the third quarter, and it was 9.5 per cent higher on an annual basis. Gross fixed capital formation rose by 2.1 per cent in July-September, and was 9.2 per cent higher compared to the third quarter of 2024.
Exports shrank by 3.9 per cent compared to the second quarter of the year and were 9.2 per cent lower compared to the third quarter of last year, while imports rose by two per cent on a quarterly basis and 2.2 per cent year-on-year.
The country recorded a trade surplus of 687.8 million leva in the third quarter, the equivalent of 1.1 per cent of GDP, NSI said.
Source: https://sofiaglobe.com/
