Industrial production in Bulgaria advanced 13.2 percent over a year in November of 2021 following a downwardly revised 9.6 percent increase in the previous month. It was the 9th straight month of growth in industrial activity and the fastest since May, as output accelerated for mining and quarrying (42.3 percent vs 19.2 percent in October) and manufacturing (5.5 percent vs 3.3 percent). Meanwhile, output slowed for electricity, gas, steam and air conditioning supply (48 percent vs 52.6 percent). On a seasonally adjusted monthly basis, industrial production grew 1.4 percent, after an upwardly revised 1 percent rise in the prior month. source: National Statistical Institute, Bulgaria
Industrial Production in Bulgaria averaged 2.88 percent from 2001 until 2021, reaching an all time high of 22.10 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 January of 2022.
Industrial Production in Bulgaria is expected to be 1.10 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 2.80 percent in 2023 and 3.10 percent in 2024, according to our econometric models.