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

NSI: Bulgaria's GDP up 2% in the first quarter of 2023, inflation goes down

Photo: BGNES

Inflation in Bulgaria in April has gone down to 0.3% compared to March and to 11.6% compared to the same month last year, the National Statistical Institute said. Year-to-date inflation (January 2023-April 2023) is 3% and the average annual inflation (May 2023 vs April 2022) is 16.3%.

 In the first quarter of 2023, Bulgaria’s gross domestic product grew by 2% compared to the same period last year, and by 0.4% as compared to the fourth quarter of 2022. According to the forecast of the European Commission, Bulgaria’s economy will mark an annual growth of 1.5%. The quarterly average income per person in the household in the first quarter of the year was EUR 1,223 - 19.3% more than in the first quarter of 2022.  



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

Bulgaria's first state budget in euros – between two readings in the National Assembly and a wave of dissatisfaction

The draft state budget was adopted in first reading by the National Assembly on November 21. However, the planned changes in the financial framework for 2026 triggered an open clash between the ruling coalition, led by GERB party, and the opposition..

published on 11/24/25 2:25 PM

KBC Group raises its forecast for Bulgaria's economic growth in 2026

KBC Group expects the Bulgarian economy to grow slightly more next year in comparison to its previous forecasts, according to the conclusions of the Belgian financial group's latest assessments of the economies of Central and Eastern..

published on 11/20/25 8:50 AM

BNB: Bulgaria posts strong FDI inflows from Netherlands, Italy, Greece; outflows led by U.S.

Foreign direct investment (FDI)  in Bulgaria posted the largest net inflows from the Netherlands, Italy and Greece in the first half of 2025, the Bulgarian National Bank (BNB) said. Net FDI inflows totalled €554.9 million from the Netherlands, €325.2..

published on 11/19/25 5:41 PM