Bulgaria’s exports in January – August 2021 up 22.4% y/y
In January – August 2021, the total value of all goods exported from Bulgaria amounted to 43 941.4 million leva, an increase of 22.4 per cent compared with January – August 2020, the National Statistical Institute (NSI) said on October... Read More →
Bulgaria January-August 2021 Budget surplus at 880.5M BGN
Bulgaria’s Finance Ministry has said that the consolidated Budget surplus for the first eight months of 2021 was 880.5 million leva, falling short of the ministry’s forecast of 885 million leva issued last month. This was a sharp decline from... Read More →
Bulgarian economy grew by 0.4% in in the second quarter of 2021
Bulgaria’s economy grew by 0.4 per cent in the second quarter of 2021, the National Statistical Institute (NSI) said in a flash estimate on August 17. In real terms, gross domestic product (GDP) in Bulgaria in April-June was 31.08 billion... Read More →
Bulgaria’s budget surplus for the first half of 2021 was118.2M BGN
Bulgaria’s Finance Ministry has said that the consolidated Budget surplus for the first half of 2021 was 118.2 million leva, exceeding the ministry’s forecast of 82 million leva issued last month. This was a sharp decline from last year, when... Read More →
Why to choose Bulgaria for your company?
The real question is: Why not Bulgaria? Bulgaria, a member of the European Union, is an economic attraction for many businesspersons around the globe and many consider it the “Silicon Valley of Europe”. The qualified and affordable workforce Bulgaria is,... Read More →
Bulgaria’s Total Exports Increase by 19%, Imports by 23%
In the period January – May 2021, goods worth a total of BGN 26,355.3m were exported from Bulgaria, which is 19.4% more than in the same period of 2020, according to preliminary data from the National Statistical Institute. In May... Read More →
Bulgaria and German firm sign memo on 140M euro investment in electric car plant
On behalf of the Bulgarian government, caretaker Economy Minister Kiril Petkov signed a memorandum on July 10 with German-based startup Next.e.Go Mobile on an 140 million euro investment in the construction of an electric car manufacturing plant in Lovech, reports... Read More →
Bulgaria reports 2.5% economic growth in Q1 2021
Bulgaria’s economy grew by 2.5 per cent in the first quarter of the year, according to preliminary data announced by the National Statistical Institute (NSI) on June 8. The figure was in line with NSI’s flash estimate released last month.... Read More →
Bulgarian economy grew by 2.5% in Q1 2021
Bulgaria’s economy grew by 2.5 per cent in the first quarter of 2021, the National Statistical Institute (NSI) said in a flash estimate on May 18. In real terms, gross domestic product (GDP) in Bulgaria in January-March was 26.44 billion... Read More →
Bulgaria Has Positive Current and Capital Account for 2020
Bulgaria‘s current and capital account showed a deficit of115.6 million euro in December 2020 against a deficit of 248.1 million euro in the same month of 2019, the central bank. The current and capital account had a surplus of 1,009.6... Read More →