Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

Increased exports and consumption in first quarter of 2021 increase GDP by 2.5%

published on 5/18/21 11:59 AM

Photo: Library

The Bulgarian economy grew in the first quarter of 2021 by 2.5% compared to the last quarter of 2020, when a growth of 2.2% was also registered, the National Statistical Institute has announced.

Bulgaria's GDP still remains 1.8 percent lower, compared to the same period in 2020, when the country had not yet been hit by pandemic restrictions. In 2020, Bulgaria's GDP shrank by 8.6%, which is the largest economic decline registered since the 1997 crisis.

In the first quarter of 2021, the country's GDP amounted to over 13.5 billion euros. The economic growth in 2021 is due to the increase in exports of goods and services by 6.5% and final consumption by 1.6 percent.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy consumption economic growth exports GDP goods National Statistical Institute services

More from category

The economy of expectations – how the fear of price increases actually leads to price increases

After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend abruptly reversed. On July 15, literally days after Bulgaria received a green light from Brussels for..

published on 8/6/25 9:51 AM

Rumen Draganov

Adopting the euro will not make tourism more expensive, it will even reduce some prices

Bulgaria's entry into the eurozone on January 1, 2026 will not make vacations more expensive. This is what Rumen Draganov, director of the Institute for Analysis and Forecasts in Tourism told the Bulgarian National Radio. The prices..

published on 8/4/25 11:14 AM

Moody’s: Eurozone entry supports Bulgaria’s institutions, but corruption remains challenge

Membership in the European Union and Bulgaria’s upcoming adoption of the euro on January 1, 2026, are supporting the country’s institutions and governance stability, but corruption remains a significant challenge, according to the latest country..

published on 7/28/25 10:28 AM

1
2
3
4
5
6
..
10

WEATHER

Pick city: Sofía

Partly cloudy, chance of rain
Min: 15 | Max: 28

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

MOST VIEWED

The economy of expectations – how the fear of price increases actually leads to price increases

After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend..

published on 8/6/25 9:51 AM

shopify analytics ecommerce
tracking