Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian economy has been slowly recovering, marks growth of 2.1%

Photo: library

Bulgaria’s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an express assessment of the National Statistical Institute - NSI. Compared to the fourth quarter of 2019, however, GDP shrank by 3.8%. Final consumption has the largest share in GDP again - 80.4%.

The average income per household member in the fourth quarter of 2020 was 924 euros and increased by 2 percent compared to the same quarter of 2019, the NSI has reported. Expenditure during the same period was 861 euros, which is a rise of 0.7 percent.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Dimiutar Glavchev

Caretaker cabinet will not apply to the Constitutional Court for an annulment of the parliamentary election, PM Glavchev says

The caretaker government will not apply to the Constitutional Court for an annulment of the 27 October election for parliament, said caretaker Prime Minister Dimitar Glavchev.   Only a court decision can change the results of election..

published on 11/1/24 1:16 PM

Only a court decision can change the results of election protocols

The Central Election Commission (CEC) does not have the right under the Election Code to correct the results of the vote after errors in the counting of votes and in the completion of the protocols, found in the video recordings,..

published on 11/1/24 10:29 AM

Working meeting on construction of the railway line along Corridor No. 8 held in Sofia

Representatives from Bulgaria and North Macedonia participated in a working meeting dedicated to the Corridor No. 8 railway, the Ministry of Transport announced. The institution specifies that the meeting planned for October 16 in..

published on 11/1/24 8:55 AM