Industrial production in Bulgaria slid 15.7 percent year-on-year in April of 2020, following a downwardly revised 6.8 percent fall in the previous month. It was the biggest decline in industrial activity since September of 2009, as output dropped faster for both manufacturing (-18.5 percent vs -9.7 percent in March) and electricity, gas, steam & air conditioning supply (-10.9 percent vs -0.4 percent). Also, mining & quarrying production slowed (9.3 percent vs 12.2 percent). On a seasonally adjusted monthly basis, industrial production decreased 11.4 percent, after a 5 percent drop in March.

Industrial Production in Bulgaria averaged 2.90 percent from 2001 until 2020, reaching an all time high of 19.50 percent in May of 2004 and a record low of -22.60 percent in May of 2009. This page provides - Bulgaria Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Industrial Production in Bulgaria is expected to be -16.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Bulgaria to stand at 2.20 in 12 months time. In the long-term, the Bulgaria Industrial Production is projected to trend around 6.80 percent in 2021 and 3.10 percent in 2022, according to our econometric models.

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Bulgaria Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-15.70 -6.80 19.50 -22.60 2001 - 2020 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-10 09:00 AM Jan -0.7% -1.3%
2020-04-09 08:00 AM Feb 0.1% -0.5% -0.5%
2020-05-08 08:00 AM Mar -6.9% 0% -2.5%
2020-06-09 08:00 AM Apr -15.7% -6.8% -12%
2020-07-09 08:00 AM May -15.7% -8.1%
2020-08-10 08:00 AM Jun -16.5%
2020-09-10 08:00 AM Jul
2020-10-09 08:00 AM Aug


News Stream
Bulgaria Industrial Output Drops the Most Since 2009
Industrial production in Bulgaria slid 15.7 percent year-on-year in April of 2020, following a downwardly revised 6.8 percent fall in the previous month. It was the biggest decline in industrial activity since September of 2009, as output dropped faster for both manufacturing (-18.5 percent vs -9.7 percent in March) and electricity, gas, steam & air conditioning supply (-10.9 percent vs -0.4 percent). Also, mining & quarrying production slowed (9.3 percent vs 12.2 percent). On a seasonally adjusted monthly basis, industrial production decreased 11.4 percent, after a 5 percent drop in March.
2020-06-09
Bulgaria Industrial Output Tumbles the Most in a Decade
Industrial production in Bulgaria fell 6.9 percent year-on-year in March of 2020, after showing no growth in the previous month. It was the biggest drop in industrial activity since February of 2010, as manufacturing activity declined sharply (-9.8 percent vs 1.8 percent in February). In addition, production for electricity, gas, steam & air conditioning supply continued to drop (-0.4 percent vs -7.4 percent) while mining & quarrying output rebounded (12.3 percent vs -1.1 percent). On a seasonally adjusted monthly basis, industrial production decreased 5.1 percent, also the most since February of 2010 and compared to a downwardly revised 0.8 percent increase in February.
2020-05-08
Bulgaria Industrial Output Rebounds in February
Industrial production in Bulgaria rose 0.1 percent from a year earlier in February 2020, following a downwardly revised 0.5 percent fall in the previous month. Output shrank less for mining & quarrying (-8.5 percent vs -11.3 percent in January), of which mining of coal and lignite (-32 percent vs -37.2 percent); and electricity, gas, steam & air conditioning supply (-6.3 percent vs -7.5). Meanwhile, manufacturing output growth slowed (2.4 percent vs 2.5 percent), mostly due to other transport equipment (17.9 percent vs 24.1 percent), motor vehicles, trailers and semi-trailers (4.8 percent vs 13.3 percent), and basic pharmaceutical products and pharmaceutical preparations (-10.3 percent vs -0.1 percent). On a seasonally adjusted monthly basis, industrial production went up 1.1 percent, easing from an upwardly revised 2.2 percent gain in the prior month.
2020-04-09
Bulgaria Factory Output Shrinks for 3rd Month
Industrial production in Bulgaria decreased 0.7 percent from a year earlier in January of 2020, following a downwardly revised 1.3 percent fall in the previous month. This was the third consecutive month of a downturn in industrial activity, as output shrank for mining & quarrying (-11.7 percent vs 4.4 percent in December), dragged by mining of coal and lignite (-37.2 percent vs -19.3 percent) and electricity, gas, steam & air conditioning supply (-7.2 percent vs -9 percent). In contrast, manufacturing activity rose 2.1 percent, after stalling in the previous month, supported by the production of motor vehicles, trailers and semi-trailers (13.4 percent vs 10.3 percent); textiles (9 percent vs -3.5 percent) and basic metals (8.5 percent vs -12.1 percent). On a seasonally adjusted monthly basis, industrial production advanced 1.6 percent, after a downwardly revised 1.7 percent decline in the preceding month.
2020-03-10

Bulgaria Industrial Production
In Bulgaria, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.