Text size

Preliminary NSI data put GDP growth at 1.8 per cent in 2023

Agriculture's relative share declines, while the industrial sector strengthens

published on 3/8/24 1:30 PM

Bulgaria's gross domestic product grew by 1.8 per cent to BGN 183.7 billion (EUR 93.9 billion) last year, according to preliminary data released by the National Statistical Institute. One person accounts for BGN 28 516 (EUR 14 580) of the total. According to the data, the gross value added amounts to 161.1 billion levs - 0.8% more than in 2022.

The relative share of agriculture in the value added of the economy was 3.5% last year - 0.9% less than in the previous year. The industrial sector accounted for 28.9% of the economy's value added, an increase of 0.3%. The services sector, on the other hand, grew from 67% to 67.6%.

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

Radio Bulgaria Economy 1.8 per cent growth gdp NSI preliminary data

More from category

Bureaucracy and climate change are shrinking Bulgarian organic production

On the world map of organic agriculture, Bulgaria is not just a dot, but a colorful mosaic of food products, carrying the aroma and taste of unspoiled nature. Our organically certified areas produce crops sought after around the world – essential oil..

published on 8/14/25 11:50 AM

In three months, the average salary in Bulgaria went up 5.3% to EUR 1,315.

Preliminary data from the National Statistical Institute (NSI) shows a 1.3% increase in employment from March to June 2025, reaching 2.38 million. The hotel and restaurant sector had the largest increase in employment (24.8%), followed by real estate..

published on 8/12/25 4:47 PM

The Bulgarian National Bank (BNB) expects inflation in the country to continue to rise until the end of 2025

The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the Bulgarian National Bank (BNB) for the year. Annual inflation is 2.9%, increasing by 2.1% by May 2025..

published on 8/7/25 8:53 AM