Bulgaria GDP Annual Growth Rate

Bulgaria's economy advanced 3.3 percent year-on-year in the second quarter of 2019, easing from a 3.5 percent growth in the previous quarter, the preliminary estimate showed. Both fixed investment (2.2 percent vs 2.5 percent in Q1) and final consumption (2.7 percent vs 4.5 percent) slowed. Regarding net trade, exports rose 3.3 percent (vs 5.1 percent in Q1) while imports declined 5.5 percent (vs 3.9 percent in Q1). On a quarterly basis, the GDP grew 0.6 percent compared to a 1.2 percent in the first quarter of 2019. GDP Annual Growth Rate in Bulgaria averaged 3.03 percent from 1996 until 2019, reaching an all time high of 17.20 percent in the first quarter of 1998 and a record low of -14 percent in the third quarter of 1996.

GDP Annual Growth Rate in Bulgaria is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Bulgaria to stand at 3.50 in 12 months time. In the long-term, the Bulgaria GDP Annual Growth Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-03-07	09:00 AM	GDP Growth Rate YoY Final Q4	3.2%	3.1%	3.1%
2019-05-15	08:00 AM	GDP Growth Rate YoY Prel Q1	3.4%	3.2%	3%
2019-06-06	08:00 AM	GDP Growth Rate YoY Final Q1	3.5%	3.2%	3.4%
2019-08-14	08:00 AM	GDP Growth Rate YoY Prel Q2	3.3%	3.5%	3.1%
2019-09-05	08:00 AM	GDP Growth Rate YoY Final Q2			3.3%
2019-11-14	09:00 AM	GDP Growth Rate YoY Prel Q3			3.3%
2019-12-05	09:00 AM	GDP Growth Rate YoY Final Q3			3.3%

Bulgaria GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.60	1.20	13.40	-7.70	percent	[+]
GDP Annual Growth Rate	3.30	3.50	17.20	-14.00	percent	[+]
GDP	65.13	58.22	65.13	9.70	USD Billion	[+]
GDP Constant Prices	19237.30	24992.44	24992.44	209.23	BGN Million	[+]
Gross Fixed Capital Formation	3158.51	5251.33	7556.58	644.39	BGN Million	[+]
GDP per capita	8651.10	8331.20	8651.10	3223.81	USD	[+]
GDP per capita PPP	19320.76	18606.22	19320.76	8001.70	USD	[+]
GDP From Agriculture	476.98	775.47	1931.24	9.99	BGN Million	[+]
GDP From Construction	915.33	791.96	1801.13	3.40	BGN Million	[+]
GDP From Manufacturing	5256.14	5261.97	5883.01	30.78	BGN Million	[+]
GDP From Public Administration	3626.98	3826.67	3826.67	9.17	BGN Million	[+]
GDP From Services	3931.98	6623.03	6623.03	18.12	BGN Million	[+]

In Bulgaria, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (17 percent). Exports of goods and services account for 65 percent of GDP while imports account for 66 percent, subtracting 1 percent of total GDP. This page provides - Bulgaria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.30	3.50	17.20	-14.00	1996 - 2019	percent	Quarterly	SA, WDA

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Country	Last		Previous	Range
China	6.20	Jun/19	6.4	15.4 : 3.8	%
India	5.80	Mar/19	6.6	11.4 : -5.2	%
Indonesia	5.05	Jun/19	5.07	7.16 : 1.56	%
Spain	2.30	Jun/19	2.4	5.6 : -4.3	%
United States	2.30	Jun/19	2.7	13.4 : -3.9	%
South Korea	2.10	Jun/19	1.7	20.8 : -7.3	%
Netherlands	2.00	Jun/19	1.7	6.1 : -4.6	%
Australia	1.80	Mar/19	2.3	8.3 : -3.5	%
Saudi Arabia	1.70	Mar/19	3.6	24.2 : -20.7	%
Switzerland	1.70	Mar/19	1.5	5.8 : -3.7	%
Canada	1.30	Mar/19	1.6	9.3 : -4.1	%
France	1.30	Jun/19	1.2	12.6 : -3.8	%
Japan	1.20	Jun/19	1	9.4 : -8.8	%
United Kingdom	1.20	Jun/19	1.8	9.7 : -6.1	%
Euro Area	1.10	Jun/19	1.2	5 : -5.5	%
Russia	0.90	Jun/19	0.5	12.1 : -11.2	%
Brazil	0.50	Mar/19	1.1	10.1 : -5.5	%
Germany	0.40	Jun/19	0.9	7.2 : -6.8	%
Singapore	0.10	Jun/19	1.1	18.6 : -7.7	%
Italy	0.00	Jun/19	-0.1	10.3 : -7.2	%
South Africa	0.00	Mar/19	1.1	7.1 : -2.6	%
Mexico	-0.70	Jun/19	1.2	9 : -9.1	%
Turkey	-2.60	Mar/19	-3	11.7 : -14.4	%
Argentina	-5.80	Mar/19	-6.2	16.2 : -16.3	%