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NSI: Bulgaria's GDP grew by 1.7% in the third quarter

published on 11/14/23 3:50 PM

Photo: BGNES

The country's gross domestic product growth slowed on an annual basis in the third quarter of 2023, while the quarterly growth rate was maintained, data from the National Statistical Institute showed.

In the third quarter, GDP grew by 1.7% year-on-year and by 0.4% year-on-year in the second quarter of 2023. In addition, final consumption grew by 6.1%, but exports of goods and services fell by 7.8% and imports of goods and services decreased by 7.5%.

According to NSI estimates for the third quarter, nominal GDP reached BGN 47 732.8 million (24405.54 million euro), while realised added value was BGN 41 640.4 million (21290.53 mn euro).

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Radio Bulgaria Economy GDP growth NSI quarterly

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NSI: Bulgaria's GDP grew by 1.7% in the third quarter

More from category

No disruptions or price increases expected on Bulgaria’s fuel market

Allianz Trade forecasts Bulgaria as one of CEE’s fastest-growing economies

Christine Lagarde highlights the advantages of Euro adoption for Bulgaria

Allianz Trade forecasts Bulgaria as one of CEE’s fastest-growing economies

No disruptions or price increases expected on Bulgaria’s fuel market