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Bulgaria's economy grows 1.8% y/y in Q3 - prelim data

Dec 7, 2023, 11:07:25 AMArticle by Antonia Kokalova-Gray
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December 7 (SeeNews) - Bulgaria's gross domestic product (GDP) rose by 1.8% year-on-year in the third quarter of 2023, following a revised annual growth of 2.0% in the second quarter, the statistical office said on Thursday.

Bulgaria's economy grows 1.8% y/y in Q3 - prelim data
Image credit: Pixabay.

In the three months to end-September, Bulgaria's real economic output increased by 0.4% compared to the previous quarter, or by as much as it grew in the April-June period of this year, the National Statistical Institute (NSI) said in a statement, citing preliminary and seasonally-adjusted data.

Bulgaria's third-quarter GDP amounted to roughly 48.5 billion levs ($26.7 billion/24.8 billion euro) at current prices.

(1 euro = 1.95583 levs)

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