The Gross Domestic Product has gone up by 2.4% during the third quarter of the year compared to the same period of 2023, indicate preliminary National Statistical Institute data.
This indicates there is a certain acceleration of the growth rate, after the GDP increased by 2.2% during the second quarter compared to a year earlier. Every person in employment in Bulgaria creates an average GDP of EUR 19.17 per hour, National Statistical Institute data show further. During the third quarter of 2024, compared to the third quarter of 2023, employment has gone up in the sector of the services, and down in the agrarian and the industrial sector.
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
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