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 →
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 →
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 →
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 →
Bulgaria January-July 2022 Budget surplus at 1.52B BGN
Bulgaria’s Finance Ministry has recorded a consolidated Budget surplus of 1.52 billion leva in the first seven months of the year, or one per cent of this year’s estimated gross domestic product, falling short of the ministry’s forecast of 1.56... Read More →
Bulgaria: The Economy Grew by nearly 5% before the Start of Summer
In the April-June period, the economy grew by 4.8% compared to the second quarter of the previous year, NSI reported. Compared to the first three months of the year, the gross domestic product (GDP) grew by 1.1%. This is shown by the seasonally adjusted data... Read More →
Bulgaria’s H1 2022 exports up 41%, imports 45.2% higher y/y
In the first half of 2022, the total value of all goods exported from Bulgaria amounted to 45.75 billion leva, about 41 per cent more than in January – June 2021, the National Statistical Institute (NSI) said on August 10.... Read More →
Bulgaria’s GDP reached a Record 68 Billion Euros last year
Bulgaria‘s gross domestic product last year reached a record 68 billion euros, growing by 3.6% with inflation of 3.3 percent. The data are from the annual edition of the Bulgarian Chamber of Commerce and Industry “Bulgaria in Figures”. Inflation in our... Read More →