Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

4.3% GDP growth registered during third quarter

Photo: archive

The Bulgarian economy marked a 4.3% growth rate during the third quarter compared to the second quarter, when a record decline of 10.1% was registered, National Statistical Institute data indicate. 

Compared to the third quarter of 2019, the GDP continues to shrink by 5.2% year over year. Due to the strict quarantine during the second quarter the annual decline reached 8.6%, the worst economic downturn in the country since the beginning of 1997

Final consumption registered a positive economic growth rate of 9.3% in the third quarter of 2020 compared to a year earlier. The external balance is positive, National Statistical Institute figures show.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Екатерина Захариева

Bulgarian Ekaterina Zaharieva is the EU commissioner for start-ups, research and innovation

The European Parliament has approved the nomination of Bulgarian Ekaterina Zaharieva as European Commissioner. She will be in charge of the 'Start-ups, Research and Innovation' portfolio.  After her confirmation hearing in the European Parliament,..

published on 11/5/24 4:03 PM

Bulgaria and Romania to discuss full Schengen membership with Austria in Budapest 

A meeting of the interior ministers of Bulgaria, Romania and Austria in Budapest could lead to a change in Austria's stance on the two countries joining the Schengen area. This is reported in the Austrian media.  The meeting will take place on 22..

published on 11/5/24 3:42 PM

EU Commissioner candidate Zaharieva supports funding for defence technology

"I support the allocation of more funds in the field of innovation for defence" - this is how the Bulgarian candidate for the post of European Commissioner for Start-ups, Research and Innovation, Ekaterina Zaharieva, answered a question by Bulgarian MEP..

published on 11/5/24 1:56 PM