The Gross Domestic Product has gone up by 2.4% during the third quarter of the year compared to the same period of 2023, indicate preliminary National Statistical Institute data.
This indicates there is a certain acceleration of the growth rate, after the GDP increased by 2.2% during the second quarter compared to a year earlier. Every person in employment in Bulgaria creates an average GDP of EUR 19.17 per hour, National Statistical Institute data show further. During the third quarter of 2024, compared to the third quarter of 2023, employment has gone up in the sector of the services, and down in the agrarian and the industrial sector.
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground infrastructure and the installation of new compressors, has already been completed, Energy Minister..
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