November 13 (SeeNews) - Bulgaria's gross domestic product (GDP) contracted by a preliminary 5.8% year-on-year in real terms in the third quarter of 2009, compared to a 6.8% growth recorded a year earlier, according to a flash estimate of the National Statistics Office (NSI) released on Friday.
The country's third-quarter GDP totalled 17.778 billion levs ($13.531 billion/9.089 billion euro) in current prices, NSI said in a statement.
Bulgaria's economy contracted by a real 4.8% on the year in the first nine months of 2009, compared to a 7.0% growth in the same period of 2008. The country's nine-month GDP reached 48.061 billion levs.
BULGARIA'S GROSS DOMESTIC PRODUCT (y/y pct change real/bln levs):
Q3'09 |
9-mo'09 |
Q3'08 |
9-mo'08 |
-5.8/17.778 |
-4.8/48.061 |
+6.8/18.609 |
+7.0/48.037 |
(1 euro = 1.95583 Bulgarian levs)