Text size

Preliminary NSI data put GDP growth at 1.8 per cent in 2023

Agriculture's relative share declines, while the industrial sector strengthens

published on 3/8/24 1:30 PM

Bulgaria's gross domestic product grew by 1.8 per cent to BGN 183.7 billion (EUR 93.9 billion) last year, according to preliminary data released by the National Statistical Institute. One person accounts for BGN 28 516 (EUR 14 580) of the total. According to the data, the gross value added amounts to 161.1 billion levs - 0.8% more than in 2022.

The relative share of agriculture in the value added of the economy was 3.5% last year - 0.9% less than in the previous year. The industrial sector accounted for 28.9% of the economy's value added, an increase of 0.3%. The services sector, on the other hand, grew from 67% to 67.6%.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy 1.8 per cent growth gdp NSI preliminary data

More from category

A Bulgarian-Czech Chamber of Commerce established in Sofia

On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..

published on 10/31/24 1:54 PM

The model of EU subsidies distorts agricultural production in Bulgaria, the director of the Institute of Agrarian Economics says

In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..

published on 10/31/24 9:39 AM

Business climate in Bulgaria worsens in October

In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..

published on 10/30/24 1:36 PM

WEATHER

Pick city: Sofía

Cloudy
Min: 1 | Max: 5

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Employers and trade unions discuss the mechanism for determining the minimum wage

A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and..

published on 11/14/24 9:31 AM

Share