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.
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
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