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.
At the end of 2024, Bulgarians' wealth hit a record high of 1 trillion leva (€511.29 billion), which is five times higher than the gross domestic product. According to a study by the Expert Club on Economics and Politics, reported by BNR's Natalia..
Bulgarian President Rumen Radev extended an invitation to Japanese business to invest in Bulgaria . This happened during an economic forum in Tokyo organized by the Japan External Trade Organization JETRO . At the forum, Radev who is on..
According to Eurostat estimates, price growth in the EU slowed down to 2.4% year-on-year in April 2025, compared to 2.5% in March. According to data reported by BTA, Bulgaria's annual inflation rate slowed down to 2.8% in April, down from 4% in March..
Partly Cloudy
Partly cloudy, chance of rain
Mostly Cloudy