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Bulgaria's GDP grows 1.7% y/y in Q1 - flash data

May 15, 2024, 11:21:49 AMArticle by Mihaela Miteva
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May 15 (SeeNews) - Bulgaria's gross domestic product (GDP) went up by 1.7% on the year in the first quarter of 2024, following a 1.6% annual growth in the fourth quarter of last year, the statistical office said on Wednesday.

Bulgaria's GDP grows 1.7% y/y in Q1 - flash data
Image source: Pixabay.

On a quarterly comparison basis, Bulgaria's GDP increased by 0.4% in January-March after climbing by 0.5% in the October-December period of 2023, the National Statistical Institute (NSI) said in a flash estimate, quoting seasonally adjusted data.

Bulgaria's first-quarter GDP came in at some 40.63 billion levs ($22.43 billion/20.77 billion euro) at current prices.

(1 euro = 1.95583 levs)

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