GDP per capita in Bulgaria
Bulgaria - GDP per capita (U.S. Dollars)
GDP growth accelerates in Q1 2019
A preliminary release by the Statistical Institute showed that the economy grew a seasonally-adjusted 3.4% on an annual basis in the first quarter of the year, accelerating slightly from the fourth quarter’s 3.2% upturn. More upbeat external demand drove the overall expansion in the first quarter.
A rudimentary breakdown showed that total consumption growth moderated to 3.5% in Q1 (Q4: +5.0% year-on-year), likely weighed on by higher unemployment and inflation, on average, throughout the quarter. Fixed investment also lost steam in Q1, growing 2.6% in annual terms, which was the slowest pace in a year and a half (Q4: +6.6% yoy). That said, external sector metrics improved notably in the quarter: Exports of goods and services picked up despite mediocre economic activity in the EU (Q1: +5.0% yoy; Q4: +1.4% yoy), while growth in imports held largely steady compared to the previous quarter (Q1: +1.7% yoy; Q4: +1.6% yoy).
On a quarter-on-quarter, seasonally-adjusted basis, growth also accelerated to a strong 1.1% in Q1, from 0.8% in Q4.
More comprehensive data will be released on 6 June.
Met the why particular Consensus Forecast participants expect growth of 3.3% in 2019, which is unchanged from last month’s forecast. In 2020, panelists see the economy growing 2.9%.
Bulgaria - GDP per capita (USD) Data
|GDP per capita (USD)||7,658||7,879||7,056||7,508||8,089|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.62||0.0 %||May 13|
|Exchange Rate||1.74||-0.72 %||May 13|
|Stock Market||567||-0.35 %||May 13|
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May 15, 2019
Consumer prices rose 0.5% from the previous month in April, following March’s 0.1% uptick.
May 15, 2019
A preliminary release by the Statistical Institute showed that the economy grew a seasonally-adjusted 3.4% on an annual basis in the first quarter of the year, accelerating slightly from the fourth quarter’s 3.2% upturn.
May 11, 2019
Industrial output rose 2.8% in working day-adjusted annual terms in March, following the strong 6.9% expansion logged in February, which had marked a near two-year high.
April 15, 2019
Consumer prices rose 0.1% from the previous month in March, following February’s 0.5% increase.
April 9, 2019
Industrial output jumped 6.6% in working day-adjusted annual terms in February, following the 2.6% rise logged in January and marking the strongest expansion since May 2017.