The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast.
In its March forecast, BNB expects Bulgaria’s real GDP growth to reach 2.8% in 2025, then temporarily slow to 2.2% in 2026, and accelerate to 3.1% in 2027. For comparison, the January forecast projected GDP growth of 2.5% for 2025, 3.0% for 2026, and 2.5% for 2027.
The upward revision of the 2025 real GDP growth forecast is primarily driven by a projected increase in government consumption and a more positive contribution from inventories. However, the risk of lower growth in exports of goods and services remains, the analysis said.
“Bulgaria’s accession to the euro area will have a positive impact on the economy, the people, the business sector and the whole country”, said Minister of Economy Petar Dilov in an interview with public service broadcaster BNT. ''On January 1,..
The Association of Bulgarian Tour Operators and Travel Agents (ABTTA) expects tourism growth in Bulgaria to slow down due to the unfavourable economic situation in many of its source markets. It is not yet clear what effect Bulgaria's accession to the..
The expected adoption of the single European currency from January 1, 2026 is one of the many topics dividing society. In addition to being a cause for political quarrels, the euro is also a cause for concern among some Bulgarian..
Partly Cloudy
Mostly Cloudy
Clear
Partly cloudy, chance of rain