Construction output in Bulgaria rose 4.6 percent over a year earlier in May of 2021, after a 15.5 percent in April which was the highest climb in construction activity since January of 2018. Both building activity (1.5 percent vs 12.0 percent in April) and civil engineering works (8.8 percent vs 20.3 percent) increased at a softer pace. On a seasonally adjusted monthly basis, construction output fell 2.4 percent, followed by a 0.1 percent downtick in the prior month. source: National Statistical Institute, Bulgaria
Construction Output in Bulgaria averaged 5.84 percent from 2001 until 2021, reaching an all time high of 49.80 percent in January of 2007 and a record low of -26.70 percent in February of 2010. This page provides - Bulgaria Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Construction Output 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 Construction Output in Bulgaria to stand at 3.00 in 12 months time. In the long-term, the Bulgaria Construction Output is projected to trend around 5.00 percent in 2022, according to our econometric models.