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

Bulgarian Judges Association raises concern over new antivirus software

Judges have opposed the introduction of a new antivirus agent on their computers. The magistrates fear that it could violate personal data protection rules and compromise the independence of the judiciary. In an official letter, the Bulgarian..

published on 11/26/25 12:21 PM

Boyko Borisov: Bulgaria will join the eurozone on January 1 despite protests

GERB leader Boyko Borisov said in Parliament that Bulgaria will become a member of the eurozone on January 1, regardless of protests organized by representatives of We Continue the Change Democratic Bulgaria (PP-DB). He was commenting on opposition..

published on 11/26/25 11:06 AM

Bulgaria at risk of non compliance with the EU's fiscal framework in 2026

Six countries, including Bulgaria, are at risk of non compliance with the EU fiscal framework in 2026. This is highlighted in the 2026 European Semester Autumn Package, adopted by the European Commission. Another 12 countries are urged to continue..

published on 11/26/25 10:06 AM