Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian economy has been slowly recovering, marks growth of 2.1%

Photo: library

Bulgaria’s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an express assessment of the National Statistical Institute - NSI. Compared to the fourth quarter of 2019, however, GDP shrank by 3.8%. Final consumption has the largest share in GDP again - 80.4%.

The average income per household member in the fourth quarter of 2020 was 924 euros and increased by 2 percent compared to the same quarter of 2019, the NSI has reported. Expenditure during the same period was 861 euros, which is a rise of 0.7 percent.



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

Public transport workers go on national protest for higher wages

Public transport workers in Sofia, Varna and Ruse took to the streets of the capital under the slogan “Decent work – decent pay! Without transport there is no economy!”, organized by the largest trade unions in the country. The demonstrators..

published on 4/14/25 9:46 AM

35 billion leva are needed for complete rehabilitation of Bulgaria's road network

The complete rehabilitation of Bulgaria's road network, including all compromised road sections, would cost around 35 billion leva, regional minister Ivan Ivanov told bTV. He added that it was not clear where these funds could be found. 13,000..

published on 4/14/25 8:40 AM

Minister Gutsanov attends open lesson on the risks of vaping, laughing gas and designer drugs

Social Minister Borislav Gutsanov will attend an open lesson today at the Alexander Pushkin Secondary School in Varna, organized by the State Agency for Child Protection. The event is part of the campaign that informs children..

published on 4/14/25 7:00 AM