The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in 2024. In January, the World Bank predicted that Bulgaria’s GDP will increase with 2.4% in 2024. The bank predicts that in 2025, Bulgaria’s economic growth will accelerate to 3,1%. However, six months ago, the bank predicted an even higher growth of 3.3%.
The World Bank upgraded its outlook for the global economy, estimating that it will expand 2.6% this year thanks to sustained growth in the United States. Stronger-than-expected growth in the United States accounts for 80% of the upgraded outlook.
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago –..
Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months,..
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