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

Bulgaria's GDP is expected to rise by 3.5% in 2021

Photo: library

Bulgaria's economy shrank by 4.2% in 2020 because of the Covid-19 pandemic. Investments declined sharply in the first half of the year because of high economic uncertainty. Imports also shrank by 6.6%. This is what a study by the European Commission shows. According to its spring economic forecast, economic activity in this country is expected to mark a jump" in the second half of this year and gain momentum. GDP could mark a rise of 3.5% in 2021 to 4.7% in 2022, depending on the absorption of recovery funds. Exports of goods are expected to be at the heart of the recovery this year, BNR correspondent to Brussels Angelina Piskova reported.



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

The Botanical Garden of the Bulgarian Academy of Sciences invites visitors to ''Autumn Encounters With Plants''

A themed exhibition dedicated to the pumpkin is one of the highlights of the traditional "Autumn Encounters with Plants" and the Days of Autumn Abundance at the Botanical Garden of the Bulgarian Academy of Sciences (BAS). From October 15 to 25,..

published on 10/14/25 2:42 PM

Strike in Belgium blocks flights between Sofia and Brussels

Due to force majeure and a planned national holiday on Tuesday, flights FB 407/408 on the Sofia – Brussels – Sofia route have to be cancelled at Brussels Airport. Bulgaria Air announced this on its Facebook page, citing an official statement issued by..

published on 10/14/25 11:22 AM

Bulgaria's LB Bulgaricum and Japan's Meiji to open joint laboratory to study traditional Bulgarian yoghurt

A joint research laboratory of LB Bulgaricum and the Japanese company Meiji will be opened in the first half of 2026 . It will develop new products and study the benefits of traditional Bulgarian yogurt. This was announced after the Minister of Economy..

published on 10/14/25 11:19 AM