Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian economy has been slowly recovering, marks growth of 2.1%

Photo: library

Bulgaria’s economy has been slowly recovering thanks to an 11.3% rise in exports. Bulgarian economy grew in the fourth quarter of 2020 by 2.1% compared to the third quarter, when it rose by 3.9%, according to an express assessment of the National Statistical Institute - NSI. Compared to the fourth quarter of 2019, however, GDP shrank by 3.8%. Final consumption has the largest share in GDP again - 80.4%.

The average income per household member in the fourth quarter of 2020 was 924 euros and increased by 2 percent compared to the same quarter of 2019, the NSI has reported. Expenditure during the same period was 861 euros, which is a rise of 0.7 percent.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Short-term thunderstorms and slight cooling expected on Tuesday

On Tuesday, the air masses over the country will remain unstable. Cloudy skies are expected, there will also be short-term rain showers accompanied by thunderstorms , in more places in Southern and Eastern Bulgaria. There will also be conditions for..

published on 8/18/25 7:35 PM

The average pension in Bulgaria exceeds 1000 BGN (511 EUR)

After the update of pensions under the so-called Swiss rule from July 1 by 8.6%, the average monthly pension of a Bulgarian pensioner for July exceeded 1,000 BGN, reaching 1015.22 BGN (519 EUR). This was announced by the National Social Security..

published on 8/18/25 2:29 PM
Bus driver without a safety belt and talking on the his phone

Toll cameras on Bulgarian roads will now detect drivers without seat belts

Bulgaria's Road Infrastructure Agency has warned that toll cameras now also detect the wearing of seat belts. The new function has been active since August 12 and the cameras have already recorded 170 violations. Risk of dying on the road in..

published on 8/18/25 1:11 PM