Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

GDP for 2020 declines by 4.2% compared to 2019

Photo: archive

The Bulgarian economy grew during the fourth quarter of last year by 2.2% compared to the previous quarter, but shrank by 3.8% on a yearly basis, preliminary National Statistical Institute data show.

Over the entire 2020 the GDP of the country shrank by 4.2% compared to 2019. During the pandemic year, 2020, Bulgaria’s GDP reached a nominal value of 118.605 billion Leva (60.642 billion euro), or 17.109 Leva of the index value (8,748 euro) per capita of the population. The industrial sector created 26.5% of the added value of the economy, the services – 69.5%, and the agrarian sector– 4.0% of the added value. The value of final consumption last year stands at 79.3% of the GDP. 



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

Weather forecast: Temperatures start to creep up over the weekend

On Saturday minimum temperatures will range between 10° C.  and 19° C., for Sofia 10° C.  During the day there will be sun with cumulus clouds after midday, and rain and thunder in some parts of the mountain regions of Southern Bulgaria. There will..

published on 7/18/25 6:35 PM
Minister of Energy Zhecho Stankov and Assistant Secretary for International Affairs at the U.S. Department of Energy Tommy Joyce (left to right).

The Energy Minister: The USA is a powerful ally on key regional projects.

A Bulgarian delegation led by Energy Minister Zhecho Stankov held a series of meetings with representatives of the US State Department and the Department of Energy in Washington . The discussions centred on strengthening the strategic partnership..

published on 7/18/25 6:16 PM

Bulgaria and North Macedonia confirm commitment to finalize Corridor 8

At a meeting in Brussels between officials from the transport ministries of Bulgaria and North Macedonia, the two countries confirmed their commitment to finalizing the missing railway sections of Corridor 8, the Ministry of Transport has announced...

published on 7/18/25 4:54 PM