The Gross Domestic Product (GDP) in Bulgaria expanded 1.10 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Bulgaria averaged 1 percent from 1997 until 2019, reaching an all time high of 13.40 percent in the fourth quarter of 1997 and a record low of -7.70 percent in the first quarter of 1998.

GDP Growth Rate in Bulgaria is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Bulgaria to stand at 0.70 in 12 months time. In the long-term, the Bulgaria GDP Growth Rate is projected to trend around 0.70 percent in 2020, according to our econometric models.

Bulgaria GDP Growth Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-07 09:00 AM GDP Growth Rate QoQ Final 0.7% 0.8% 0.5%
2019-02-14 09:00 AM GDP Growth Rate QoQ Prel 0.7% 0.7% 0.6%
2019-03-07 09:00 AM GDP Growth Rate QoQ Final 0.8% 0.7% 0.7%
2019-05-15 08:00 AM GDP Growth Rate QoQ Prel 1.1% 0.8% 0.8%
2019-06-06 08:00 AM GDP Growth Rate QoQ Final 0.8% 1.1%
2019-08-14 08:00 AM GDP Growth Rate QoQ Prel 0.8%
2019-09-05 08:00 AM GDP Growth Rate QoQ Final 0.8%


Bulgaria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 0.80 13.40 -7.70 percent [+]
GDP Annual Growth Rate 3.40 3.20 17.20 -14.00 percent [+]
GDP 56.83 53.24 57.42 9.70 USD Billion [+]
GDP Constant Prices 24992.44 24363.66 24992.44 209.23 BGN Million [+]
Gross Fixed Capital Formation 5251.33 4375.65 7556.58 644.39 BGN Million [+]
GDP per capita 8311.93 7967.71 8311.93 3223.81 USD [+]
GDP per capita PPP 18563.31 17794.54 18563.31 8001.71 USD [+]
GDP From Agriculture 775.47 1887.14 1931.24 9.99 BGN Million [+]
GDP From Construction 791.96 1331.51 1801.13 3.40 BGN Million [+]
GDP From Manufacturing 5261.97 5883.01 5883.01 30.78 BGN Million [+]
GDP From Public Administration 3826.67 3061.47 3826.67 9.17 BGN Million [+]
GDP From Services 6623.03 5889.07 6623.03 18.12 BGN Million [+]


Bulgaria GDP Growth Rate

Bulgaria is one of the lowest income member states of the European Union to which it belongs since 2007. The main sectors of Bulgarian economy are services (59 percent of total GDP), followed by industry (24 percent) and agriculture (5 percent). On the expenditure side, 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 Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.80 13.40 -7.70 1997 - 2019 percent Quarterly
SA, WDA




Country Last Previous
Singapore 3.80 Mar/19
United States 3.20 Mar/19
India 1.60 Dec/18
China 1.40 Mar/19
South Africa 1.40 Dec/18
Saudi Arabia 1.07 Dec/18
Russia 0.80 Dec/18
Spain 0.70 Mar/19
Japan 0.50 Mar/19
Netherlands 0.50 Mar/19
United Kingdom 0.50 Mar/19
Euro Area 0.40 Mar/19
Germany 0.40 Mar/19
France 0.30 Mar/19
Australia 0.20 Dec/18
Italy 0.20 Mar/19
Switzerland 0.20 Dec/18
Brazil 0.10 Dec/18
Canada 0.10 Dec/18
Mexico -0.20 Mar/19
South Korea -0.30 Mar/19
Indonesia -0.52 Mar/19
Argentina -1.20 Dec/18
Turkey -2.40 Dec/18


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