Industrial production in Bulgaria fell 5.7 percent year-on-year in August 2020, following an upwardly revised 6.1 percent drop in the previous month. It was the sixth consecutive decline in industrial output, amid the coronavirus pandemic. Production continued to fall for manufacturing (-6.5 percent from -5.7 percent in July); and electricity, gas, steam and air conditioning supply (-9.9 percent from -9.7 percent). Meanwhile, mining and quarrying output fell (13.6 percent from -3.1 percent). On a seasonally adjusted monthly basis, industrial production went up 0.7 percent, after a downwardly revised 2.1 percent rise in the prior month.

Industrial Production in Bulgaria averaged 2.70 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 October of 2020.

Industrial Production in Bulgaria is expected to be -2.80 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 5.50 in 12 months time. In the long-term, the Bulgaria Industrial Production is projected to trend around 5.30 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
-5.70 -6.10 19.50 -22.60 2001 - 2020 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-09 08:00 AM May -16.1% -15.9% -8.1%
2020-08-10 08:00 AM Jun -7.7% -16.1% -16.5%
2020-09-10 08:00 AM Jul -6% -7.7% -1.5%
2020-10-09 08:00 AM Aug -5.7% -6.1% -3.5%
2020-11-09 09:00 AM Sep -5.7% -5.2%
2020-12-09 09:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Bulgaria Industrial Output Falls for 6th Month
Industrial production in Bulgaria fell 5.7 percent year-on-year in August 2020, following an upwardly revised 6.1 percent drop in the previous month. It was the sixth consecutive decline in industrial output, amid the coronavirus pandemic. Production continued to fall for manufacturing (-6.5 percent from -5.7 percent in July); and electricity, gas, steam and air conditioning supply (-9.9 percent from -9.7 percent). Meanwhile, mining and quarrying output fell (13.6 percent from -3.1 percent). On a seasonally adjusted monthly basis, industrial production went up 0.7 percent, after a downwardly revised 2.1 percent rise in the prior month.
2020-10-09
Bulgaria Industrial Output Drops at a Softer Pace in July
Industrial production in Bulgaria declined 6 percent over a year earlier in July 2020, following a 7.7 percent fall in the previous month. Output dropped less for manufacturing (-5.7 percent from -9.7 percent in June). On the other hand, production of electricity, gas, steam and air conditioning supply decreased further (-9.9 percent from -8.5 percent) and mining and quarrying output fell (-3.1 percent from 14.8 percent). On a seasonally adjusted monthly basis, industrial production went up 2.3 percent, slowing from an upwardly revised 6.1 percent gain in the prior month.
2020-09-10
Bulgaria Industrial Output Falls 7.7% YoY in June
Industrial production in Bulgaria dropped 7.7 percent year-on-year in June of 2020, after a 16.1 percent plunge in the previous month. Output fell at a softer pace for both manufacturing (-9.7 percent vs -16.9 percent in May) and electricity, gas, steam and air conditioning supply (-8.5 percent vs -15.6 percent). In addition, mining and quarrying production rebounded (14.8 percent vs -8.1 percent). On a seasonally adjusted monthly basis, industrial production climbed 5.8 percent, following a 1.3 percent gain in May.
2020-08-10
Bulgaria Industrial Output Falls for 3rd Month
Industrial production in Bulgaria slumped 16.1 percent year-on-year in May of 2020, following an upwardly revised 15.9 percent fall in April, amid the effects of the imposed quarantine. It was the third straight month of declines in industrial activity and at the steepest pace since September of 2009. Output continued to fall for electricity, gas, steam and air conditioning supply (-15.5 percent vs -10.8 percent in April); manufacturing (-16.9 percent vs -18.8 percent) and mining & quarrying (-8.2 percent vs 8.8 percent). On a seasonally adjusted monthly basis, industrial production dropped 0.1 percent, after an upwardly revised 11.7 percent tumble in the prior month.
2020-07-09

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.