World Bank says Bulgaria’s economy grew by 3.1% in 2022
Bulgaria’s economy is projected to have grown by 3.1 per cent in 2022, the World Bank said in its January 2023 Global Economic Prospects report, which forecast 1.7 per cent growth in 2023. The figure for 2022 is up compared... Read More →
Bulgaria’s exports in January – October 2022 up 40.8%, imports up 45.9%
In January – October 2022, the total value of all the goods exported from Bulgaria amounted to 79 004.3 million leva, 40.8 per cent more than in January – October 2021, the National Statistical Institute (NSI) said on December 13.... Read More →
Bulgaria reports 0.6% economic growth in Q3 2022
Bulgaria’s economy grew by 0.6 per cent in the third quarter of the year, according to preliminary data announced by the National Statistical Institute (NSI) on December 7. The figure was in line with NSI’s flash estimate issued last month.... Read More →
Standard & Poor’s confirmed Bulgaria’s credit rating
The international rating agency “Standard & Poor‘s” confirmed the long-term and short-term credit rating of Bulgaria in foreign and local currency – three times B and A minus two. The outlook remains stable. Standard & Poor‘s expects Bulgaria‘s gross domestic product growth to weaken significantly in the coming months, although the economy... Read More →
Fitch Ratings confirmed Bulgaria’s ‘BBB’ rating with a Positive Outlook
The international rating agency Fitch Ratings confirmed the long-term credit rating of Bulgaria in foreign and local currency ‘BBB’ with a positive outlook. Bulgaria‘s rating is supported by its strong external and fiscal position compared to countries with the same rating, the reliable political framework of EU membership... Read More →
FDI in Bulgaria in January-September 2022 was 1.47B EUR
Foreign direct investment in Bulgaria in the first nine months of 2022 stood at 1.47 billion euro, the equivalent of 1.9 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on November 18.... Read More →
The Bulgarian economy grew by 0.6% in Q3 2022
Bulgaria’s economy grew by 0.6 %in the third quarter of the year, the National Statistical Institute (NSI) said in a flash estimate on November 15. In real terms, gross domestic product (GDP) in Bulgaria in July-September was 44.54 billion leva,... Read More →
Bulgaria January-August 2022 Budget surplus at 1.7B BGN
Bulgaria’s Finance Ministry has recorded a consolidated Budget surplus of 1.7 billion leva in the first eight months of the year, or 1.1 per cent of this year’s estimated gross domestic product, exceeding the ministry’s forecast of 1.65 billion leva... Read More →
FDI in Bulgaria in January-July 2022 was 924.9M EUR
Foreign direct investment in Bulgaria in the first seven months of 2022 stood at 924.9 million euro, the equivalent of 1.2 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on September 19.... Read More →
Bulgaria reports 0.8% economic growth in Q2 2022
Bulgaria’s economy grew by 0.8 per cent in the second quarter of the year, according to preliminary data announced by the National Statistical Institute (NSI) on September 7. The figure fell short of NSI’s earlier flash estimate of 1.1 per... Read More →