BULGARIAN ECONOMY

The GDP growth rate in the first quarter of 2019 is 3.5%


Over the first quarter of 2019, Bulgaria’s GDP has gone up by 3.5 percent, the National Statistical Institute says.

The Gross Added Value in the economy has gone up by 3 percent, export of goods and services is up by 3.9 percent. The country’s GDP amounts to EUR 12,606 million in current prices or EUR 1,801 per capita of the population.

The relative share of the agricultural sector in terms of added value of the economy remains at the same level, industry is down by 0.4 percent. The share of services is up from 67.9 percent to 68.3 percent.

Of the GDP produced over the first quarter 83.2 percent was spent on consumption, and 15.4 percent on investments.

 

 

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