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Bulgarian GDP in the 3rd Quarter of 2018 is BGN 29 822 million


According to the preliminary data, Gross Domestic Product at current prices in the third quarter of 2018 is BGN 29 822 million. The GDP per person amounted to BGN 4 236.

In USD terms at average quarterly exchange rate of 1.68233 BGN per dollar, the GDP amounted to USD 17 726 million or USD 2 518 per person. In Euro terms, the GDP is EUR 15 248 million or EUR 2 166 per person.

Gross value added (GVA) at current prices in the third quarter of 2018 equals to BGN 26 116 million. As compared to the third quarter of 2017 the share of the agricultural sector in the gross value added of the economy decreases with 0.8 percentage points to 7.2%. The share of industrial sector decreases with 0.9 percentage points to 27.6%. The relative share of value added from service activities increases from 63.5% to 65.2% compared with the corresponding period of the previous year.

According to the seasonally adjusted data, GDP in the third quarter of 2018 increased by 0.7% compared with the previous quarter. In the third quarter of 2018 gross value added of the total economy rises also by 0.7%.

According to the preliminary estimates of GDP by expenditure aproach, in the third quarter of 2018 compared with the previous quarter, the final consumption increased by 1.4%. For the same period, gross fixed capital formation decreased by 1.5%. In the third quarter of 2018, seasonally adjusted imports of goods and services decreases its level compared to the previous quarter by 0.8%, while exports of goods and services has a positive growth of 1.7%.