Construction output in Bulgaria shrank 4.2 percent over a year earlier in February of 2021, easing from a downwardly revised 5.7 percent drop in the previous month. Contractions in this sector have now been consecutively recorded since February of last year, mainly driven by reductions in building construction (-7.8 percent vs -9.7 percent in January). Works in Civil engineering, however, experienced a smooth increase in comparison with the same month of the previous year (0.8 percent vs 0.4 percent). source: National Statistical Institute, Bulgaria
Construction Output in Bulgaria averaged 5.78 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 May of 2021.
Construction Output in Bulgaria is expected to be 2.30 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.