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UPDATE 1 - Bulgaria's GDP grows 3.6% y/y in Q4 2017 - flash data

UPDATE 1 - Bulgaria's GDP grows 3.6% y/y in Q4 2017 - flash data antpkr/Shutterstock.com

SOFIA (Bulgaria), February 14 (SeeNews) - Bulgaria's economy expanded by 3.6% year-on-year in the last quarter of 2017, after growing by an annual 3.9% in the previous quarter, a flash estimate of the National Statistical Institute (NSI) showed on Wednesday.

On a quarterly comparison basis, the growth in gross domestic product (GDP) slowed to a seasonally adjusted 0.8% in the fourth quarter, from 0.9% in the third quarter of 2017, the NSI data indicated.

Calculated in current prices, Bulgaria's GDP totalled 27.87 billion levs ($17.6 billion/14.24 billion euro) in the fourth quarter of 2017.

GDP components (pct change):

  Q4 2017 y/y Q3 2017 y/y Q4 2017 q/q Q3 2017 q/q
GDP 3.6 3.9 0.8 0.9
Final consumption 4.7 4.3 2.2 0.9
Gross fixed capital formation 3.2 4.3 -1.1 -0.4
Exports 2.0 4.1 -1.1 3.0
Imports 9.4 5.1 5.4 1.3

Source NSI

(1 euro = 1.95583 levs)

 

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