In the second quarter of 2014 GDP at current prices amounted to 19.517 million BGN. In Euro terms GDP is 9.979 million Euro or 1 379 euro per person. According to the seasonally adjusted data, the GDP growth rate in the second quarter of 2014 is 1.6% compared with the same quarter of the previous year and 0.5% compared with the first quarter of 2014.
The GDP per person amounted to 2.696 BGN. In USD terms at average quarterly exchange rate of 1.42758 BGN per dollar, the GDP amounted to 13.671 million dollars or 1.889 dollars per person. In Euro terms, the GDP amounted to 9.979 million Euro or 1.379 Euro per person.
Gross value added (GVA) at current prices in the second quarter of 2014 amounted to 16.643 million BGN.
As compared with the second quarter of 2013 the agricultural sector preserves its share of 4.8% in the gross value added of the economy. The share of industrial sector reaches 33.6 %, up by 0.9 percentage points. The share of services is 61.6% which is a decrease of 0.9 percentage points compared to the same period of the previous year.
In the second quarter of 2014 the final consumption expenditure formed 79.3% of GDP in the economy. Investments (gross fixed capital formation) formed 21.6% of GDP. The external balance (exports-imports) was negative.
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