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

NSI: 52.2% of the unemployed in Bulgaria have secondary education

According to the National Statistical Institute, the number of unemployed people in the second quarter of 2025 was 110,500 .  Of these, 55.0% (60,800) were men and 45.0% (49,700) were women . The unemployment rate was 3.6%, which is 0.7% lower than..

published on 8/15/25 5:13 PM

NSI: Food absorbs 30% of the household budget of Bulgarians

Bulgarian households have reported an increase in their income and expenses in the second quarter of 2025. On average, the quarterly total income per person is 3,620 levs (1,850 euros), which is an increase of 12.6% compared to the same period in..

published on 8/15/25 5:09 PM

The Association of Bulgarian Schools Abroad celebrates 18 years since its foundation

Today, the Association of Bulgarian Schools Abroad (ABSA) is celebrating its 18th anniversary. "We thank the founders, whose inspiration and perseverance laid the cornerstone of our community, and all those who have continued to develop ABSA over the..

published on 8/15/25 5:07 PM