In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023. The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute.
The GDP produced was 21.76 billion euros or 3,379 euros per capita. 80.6% of GDP is spent on final consumption. Investments form 14.2% of GDP. The foreign trade balance of goods and services is positive. Final consumption in the country for the period increased by 3.4% and actually formed the economic growth. Exports of goods and services decreased by 2.1%, and imports of goods and services decreased by 3.7%.
The average price of apartments sold in Sofia in the third quarter of 2025 reached €2,310 per square metre , marking an annual increase of 25.5%, according to data from Bulgarian Properties. While new developments remain popular, limited supply and..
Natural gas prices in Bulgaria are set to fall by just over 4% in December , significantly higher than the previously forecast 1% drop, according to calculations by state-owned supplier Bulgargaz, reported BNR correspondent Yuliyana Kornazheva. This..
The Executive Board of the International Monetary Fund (IMF) has concluded the 2025 Article IV Consultation with Bulgaria. According to the IMF’s procedure for assessments and recommendations, domestic demand is driving a robust expansion of the..
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