In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023. The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute.
The GDP produced was 21.76 billion euros or 3,379 euros per capita. 80.6% of GDP is spent on final consumption. Investments form 14.2% of GDP. The foreign trade balance of goods and services is positive. Final consumption in the country for the period increased by 3.4% and actually formed the economic growth. Exports of goods and services decreased by 2.1%, and imports of goods and services decreased by 3.7%.
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN),..
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