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Mar 08, 2023 13:25 EEST
March 8 (SeeNews) - Bulgaria's gross domestic product (GDP) went up by a real 3.4% in 2022, the National Statistical Institute (NSI) said on Wednesday, citing preliminary data.
In 2021, Bulgaria posted 4.2% economic growth.
The country's economic output increased by 2.3% year-on-year in the fourth quarter of 2022, following an annual rise of 3.2% in the third quarter, the statistical office said in a statement, citing preliminary and seasonally-adjusted data.
On a quarterly comparison basis, the GDP rose by 0.6% in the October-December period, after a 0.6% increase between July and September.
At current prices, Bulgaria's GDP in 2022 totalled 165.4 billion levs ($90.19 billion/84.57 billion euro). The GDP per person amounted to 24,252 levs in the review period.
The gross value added (GVA) generated by the national economy in 2022 rose by 3.4% in annual terms to reach some 145.6 billion levs at current prices.
Last month, the European Bank for Reconstruction and Development projected that Bulgaria's real economy would grow by 1.0% in 2023.
Details follow (pct change):
(1 euro = 1.95583 levs)
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