Industrial production in Bulgaria fell 3.4 percent year-on-year in February of 2021, following a downwardly revised 3.2 percent drop in the previous month, and marking the 16th consecutive month of declines. This period’s contraction was mainly driven by faster output decreases in the manufacturing sector (-4.6 percent vs -2.3 percent in January) and in electricity, gas, steam and air conditioning supply (-4 percent vs -1.7 percent). Meanwhile, mining & quarrying production showed no growth, after plunging 17.5 percent. On a seasonally adjusted monthly basis, industrial production was flat, following an upwardly revised increase of 1 percent in the month prior. source: National Statistical Institute, Bulgaria

Industrial Production in Bulgaria averaged 2.55 percent from 2001 until 2021, 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 April of 2021.

Industrial Production in Bulgaria is expected to be 7.50 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 5.30 in 12 months time. In the long-term, the Bulgaria Industrial Production is projected to trend around 5.30 percent in 2022 and 3.10 percent in 2023, according to our econometric models.

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Bulgaria Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -3.20 19.50 -22.60 2001 - 2021 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-08 09:00 AM Nov -5% -3.1% -3.1%
2021-02-10 09:00 AM Dec -3.3% -5% -3.5%
2021-03-10 09:00 AM Jan -3.4% -3% -5.5%
2021-04-09 08:00 AM Feb -3.4% -3.2% -2.2%
2021-05-10 08:00 AM Mar -3.4%
2021-06-10 08:00 AM Apr
2021-07-09 08:00 AM May
2021-08-10 08:00 AM Jun


News Stream
Bulgaria Industrial Production Contracts for 16th Month
Industrial production in Bulgaria fell 3.4 percent year-on-year in February of 2021, following a downwardly revised 3.2 percent drop in the previous month, and marking the 16th consecutive month of declines. This period’s contraction was mainly driven by faster output decreases in the manufacturing sector (-4.6 percent vs -2.3 percent in January) and in electricity, gas, steam and air conditioning supply (-4 percent vs -1.7 percent). Meanwhile, mining & quarrying production showed no growth, after plunging 17.5 percent. On a seasonally adjusted monthly basis, industrial production was flat, following an upwardly revised increase of 1 percent in the month prior.
2021-04-09
Bulgaria Industrial Production Continues to Contract
Industrial production in Bulgaria fell 3.4 percent year-on-year in January of 2021, following a downwardly revised 3 percent slump in the previous month, and making this the 11th consecutive month of decline in industrial activity. Output has fallen considerably in mining and quarrying (-17.8 percent vs -5.7 percent in December), manufacturing (-2.7 percent vs -2.5 percent) and in electricity, gas, steam and air conditioning supply (-1.4 percent vs -3.7 percent). Nevertheless, major increases were recorded in some sub-sectors of manufacturing namely: computer, electronic and optical products (34 percent vs -5.6 percent) and electric equipment (18.1 percent vs 18.2 percent). On a seasonally adjusted monthly basis, industrial production rose 0.8 percent, its highest grow in 4 months.
2021-03-10
Bulgaria Industrial Production Drops for 10th Month
Industrial production in Bulgaria fell 3.3 percent year-on-year in December of 2020, following a 5 percent slump in the previous month. It was the 10th consecutive decline in industrial activity, as output continued to fall for manufacturing (-2.2 percent vs -3.8 percent in November); electricity, gas, steam and air conditioning supply (-6 percent vs -6.7 percent) and mining & quarrying (-6.9 percent vs 15.7 percent). On a seasonally adjusted monthly basis, industrial production rose 0.1 percent, after a downwardly revised 1.7 percent decrease in the prior month.
2021-02-10
Bulgaria Industrial Output Shrinks for 7th Month
Industrial production in Bulgaria fell 2.6 percent year-on-year in September of 2020, following an upwardly revised 5.9 percent slump in the previous month. It was the 7th consecutive decline in industrial activity, though the smallest in the current sequence that began in March. Output fell less for manufacturing (-1.9 percent vs -6.8 percent in August) and electricity, gas, steam and air conditioning supply (-7.1 percent vs -9.8 percent). In contrast, production decreased for mining & quarrying (-2.4 percent vs 13.6 percent). On a seasonally adjusted monthly basis, industrial production rose 2.3 percent, after an upwardly revised 0.9 percent increase in the prior month.
2020-11-09

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.