Bulgaria - KDNK Kadar Pertumbuhan Tahunan

Bulgaria’s GDP grew 3.7 percent year-on-year in the third quarter of 2019, easing from an upwardly revised 3.8 percent advance in the previous period, preliminary estimates showed. Final consumption slowed (4.9 percent vs 5.5 percent in Q2) while gross fixes capital formation advanced faster (2.2 percent vs 1.5 percent). Meantime, net foreign trade contributed positively to growth, as exports rose 0.4 percent (vs -2.5 percent in Q2) while imports fell 1.7 percent (vs -3.9 percent). On a quarterly basis, the economy expanded 0.7 percent, compared to a 0.9 percent growth in Q2.

Bulgaria’s economy advanced 3.5 percent year-on-year in the second quarter of 2019, the same as in the previous period and higher than a preliminary estimates of 3.3 percent. Both household (2.8 percent vs 4.9 percent in Q1) and government consumption (3.7 percent vs 5.2 percent) slowed while gross fixed capital formation advanced at a softer pace (2.2 percent vs 2.5 percent). Regarding net trade, exports rose 3.7 percent (from 5.1 percent in Q1) while imports declined 2.0 percent (from 3.9 percent in Q1). On a quarterly basis, the GDP grew 0.8 percent compared to a 1.2 percent in the first quarter of 2019.

Bulgaria's economy advanced 3.3 percent year-on-year in the second quarter of 2019, easing from a 3.5 percent growth in the previous quarter, the preliminary estimate showed. Both fixed investment (2.2 percent vs 2.5 percent in Q1) and final consumption (2.7 percent vs 4.5 percent) slowed. Regarding net trade, exports rose 3.3 percent (vs 5.1 percent in Q1) while imports declined 5.5 percent (vs 3.9 percent in Q1). On a quarterly basis, the GDP grew 0.6 percent compared to a 1.2 percent in the first quarter of 2019.

Bulgaria's economy advanced 3.5 percent year-on-year in the first quarter of 2019, higher than a preliminary estimate of 3.4 percent and following a 3.2 percent expansion in the previous period, final figures showed. It was the strongest growth rate in a year, as government spending increased further (5.2 percent from 4 percent in Q4). Meanwhile, household consumption slowed to 4.9 percent from 5.7 percent in the prior period and gross fixed capital formation eased to 2.5 percent from 6.6 percent. Net trade contributed positively to the GDP as exports rose 5.1 percent (vs 1.4 percent in Q4) and imports went up at a softer 3.9 percent (vs 1.6 percent in Q4). On a quarterly basis, the economy expanded 1.2 percent, above a preliminary reading of 1.1 percent, the most in over two years, and after a 0.8 percent growth in the last quarter of 2018.

Bulgaria's economy advanced 3.4 percent year-on-year in the first quarter of 2019, above 3.2 percent in the previous period, preliminary estimates showed. It is the strongest expansion since Q2 2018, as exports rose sharply (5.0 percent vs 1.4 percent in Q4) while imports advanced at a softer pace (1.7 percent vs 1.6 percent). Meanwhile, final consumption (3.5 percent vs 5.0 percent) and gross fixed capital formation (2.6 percent vs 6.6 percent) slowed. On a quarterly basis, the GDP expanded 1.1 percent, up from 0.8 percent in the previous quarter.

Bulgaria's gross domestic product advanced 3.2 percent year-on-year in the fourth quarter of 2018, above the preliminary estimate of a 3.1 percent expansion and following a 3.1 percent growth in the previous period. Government spending rose faster (4.0 percent from 3.6 percent in Q3) while household consumption (5.5 percent from 8.3 percent) and gross fixed capital formation (6.6 percent from 7.0 percent) slowed. Meanwhile, net trade contributed negatively to growth, as exports went up 1.4 percent (from -3.6 percent in Q3) while imports increased at a faster 1.6 percent (from 4.0 percent in Q3). On a quarterly basis, the GDP expanded 0.8 percent, following a 0.7 percent increase in the previous period and above earlier estimates of 0.7 percent. For 2018, GDP expanded 3.1 percent, the least since 2014 and slowing from a 3.8 percent gain in 2017.