The National Statistical Institute (NSI) has revised its estimates for the gross domestic product (GDP) growth in the first quarter of 2014. Data show that from January to March this year the GDP grew by 1.2%. Earlier data showed an increase of 1.1 percent.
The GDP in the period was 16.097 billion levs or 8.23 billion euros, coming to € 1,136 (2222 levs) per capita.
The Bulgarian economy registered growth of 0.1 percentage points on a quarterly basis. The increase in the GDP in the first quarter of this year was 0.3% compared to the last quarter of last year.
The gross added value at the end of March 2014 was 13.77 billion levs. The share of the agricultural sector dropped by 0.9 percentage points to 2.9 percent, while the share of the industrial sector declined by 0.2 percentage points to 32.7% of the total gross added value. The service sector accounts for 64.4% compared to 63.3 percent a year ago.
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