In the fourth quarter of 2011 GDP at current prices amounts to BGN 19 465.4 million. In Euro terms GDP reaches EUR 9 952.5 million in total and EUR 1 349 per person, Bulgaria’s National Statistics Institute said on 6 March 2012. According to the seasonally adjusted figures, the GDP growth rate in the fourth quarter of 2011 is 0.3% compared to the third quarter of 2011 and 1.6% compared to the same quarter of the previous year.
In 2011 GDP at current prices amounts to BGN 75 265.3 million. In Euro terms GDP is EUR 38 482.6 million or EUR 5 168.7 per person. GDP for 2011 in real terms increases by 1.7% compared to 2010.
GDP, current prices - Fourth quarter of 2011
According to the preliminary data the produced Gross Domestic Product at current prices for the fourth quarter of 2011 is BGN 19 465.4 million. GDP per person is BGN 2 638.5 . GDP is USD 13 410 million using the average exchange rate (for the quarter) of BGN 1.415 for 1 USD. In euro terms GDP is EUR 9 952.5 million or EUR 1349 per person.
The GVA generated by the national economy during the fourth quarter of 2011 amounts to BGN 16 616.7 million at current prices.
The Industry decreases its relative share in the GVA of the national economy by 0.3 percentage points compared to the same quarter of the previous year and reaches 26.7%. As compared with the fourth quarter of 2010 the service sector increases its share into gross value added of the economy by 0.2 percentage points to 69.6%. The share of agricultural sector in GVA of the national economy increases by 0.1 percentage points and reaches 3.7% in the fourth quarter of 2011.
For individual consumption of population 73.1% of the produced GDP is used during the fourth quarter of 2011. Investments (gross fixed capital formation) form 23.4% of the produced GDP. The external balance (exports-imports of goods and services) is negative.
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