Text size

NSI: Bulgaria's GDP grew by 1.7% in the third quarter

published on 11/14/23 3:50 PM

Photo: BGNES

The country's gross domestic product growth slowed on an annual basis in the third quarter of 2023, while the quarterly growth rate was maintained, data from the National Statistical Institute showed.

In the third quarter, GDP grew by 1.7% year-on-year and by 0.4% year-on-year in the second quarter of 2023. In addition, final consumption grew by 6.1%, but exports of goods and services fell by 7.8% and imports of goods and services decreased by 7.5%.

According to NSI estimates for the third quarter, nominal GDP reached BGN 47 732.8 million (24405.54 million euro), while realised added value was BGN 41 640.4 million (21290.53 mn euro).

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy GDP growth NSI quarterly

More from category

Only 27 out of 100 real estate transactions in Bulgaria involve mortgage loans

In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..

published on 4/5/25 10:24 AM

Real estate prices along the Black Sea coast have continued to grow, though more gradually

The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...

published on 4/3/25 7:15 AM

Bulgaria's Chiren gas storage facility boosts capacity by 20 percent

One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground infrastructure and the installation of new compressors, has already been completed, Energy Minister..

published on 3/31/25 2:20 PM