In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported.
The chairman of the institute, Atanas Atanasov, explained that the change comes after the revision of all data for five years and this is done regularly in all EU countries. The next benchmark revision will be in 2029. According to preliminary data published on March 8, 2024, GDP was obtained only as a sum of quarterly data, Dr. Svilen Kolev, vice-president of the institute pointed out. In 2023, GDP was over 93.6 billion euros. According to the updated data, GDP increased by more than 753 million euros.
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..
The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..
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