Industrial output in Bulgaria shrank 9% year-on-year in March 2023, the third month of fall in industrial activity, and from 1.8% drop in the previous month. Output continued to drop in all of the sub-indices, namely; mining & quarrying (-14.3% vs -10.7%), manufacturing (-0.9% vs -0.3%) and electricity, gas, steam & air conditioning supply (-39.3% vs -5%). On a monthly basis, industrial production went down 1.2% in March, shifting from a 0.6% rise in the previous month. source: National Statistical Institute, Bulgaria

Industrial Production in Bulgaria averaged 3.31 percent from 2001 until 2023, reaching an all time high of 21.90 percent in April of 2021 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 June of 2023.

Industrial Production in Bulgaria is expected to be -6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Industrial Production is projected to trend around 4.00 percent in 2024 and 2.90 percent in 2025, according to our econometric models.

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Bulgaria Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2023-04-10 08:00 AM Feb -1.8% -4.3% -1.8%
2023-05-10 08:00 AM Mar -9% -1.8% -5.1%
2023-06-09 08:00 AM Apr -9% -5.0%


Related Last Previous Unit Reference
Business Confidence 26.70 24.80 points May 2023
Industrial Production Mom -1.20 0.60 percent Mar 2023
Industrial Production -9.00 -1.80 percent Mar 2023
Manufacturing Production -0.90 -0.30 percent Mar 2023
Changes in Inventories 1003.97 2877.64 BGN Million Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-9.00 -1.80 21.90 -22.60 2001 - 2023 percent Monthly
2015=100, WDA

News Stream
Bulgaria Industrial Output Falls Sharply in March
Industrial output in Bulgaria shrank 9% year-on-year in March 2023, the third month of fall in industrial activity, and from 1.8% drop in the previous month. Output continued to drop in all of the sub-indices, namely; mining & quarrying (-14.3% vs -10.7%), manufacturing (-0.9% vs -0.3%) and electricity, gas, steam & air conditioning supply (-39.3% vs -5%). On a monthly basis, industrial production went down 1.2% in March, shifting from a 0.6% rise in the previous month.
2023-05-10
Bulgaria Industrial Output Contracts for 2nd Month
Industrial output in Bulgaria dropped to 1.8% year-on-year in February 2023, the second month of fall in industrial activity, although easing from 4.3% decline in the previous month. Output fell softer for both mining & quarrying (-10.7% vs -18.1% in January) and electricity, gas, steam & air conditioning supply (-5% vs -28.9%). Meanwhile, output declined for manufacturing (-0.3% vs 4%). On a monthly basis, industrial production grew 0.6% in February, rebounding from 3% fall in the previous month.
2023-04-10
Bulgaria Industrial Output Contracts for 1st Time in Nearly 2Y
Industrial output in Bulgaria declined to 4.3 percent year-on-year in January 2023, reversing from a 2.1 percent growth in the previous month. This was the first fall in industrial activity since February 2021, as output for mining & quarrying fell sharply (-18.1 percent vs 1.8 percent in December 2022) while output for electricity, gas, steam & air conditioning supply dropped further (-28.9 percent vs -28.6 percent). Meanwhile, output slowed for manufacturing (4 percent vs 10.8 percent). Compared to the previous month, industrial production declined 3 percent in January 2023, after a 0.8 percent fall in the previous month.
2023-03-10