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.
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
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