Bulgaria GDP Annual Growth Rate

Last Release

Mar 31, 2025

Actual

3.1

Units In

3.4

Frequency

Quarterly

Next Release

Sep 05, 2025

Time to Release

2 Months 28 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
13 Dec 2000	-17.2 Mar 1997	1.82 %	1996-2025	N/A

In Bulgaria, household consumption is the main component of GDP and accounts for 63 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (17 percent). Exports of goods and services account for 65 percent of GDP while imports account for 66 percent, subtracting 1 percent of total GDP.

Latest Updates

Bulgaria’s economy expanded by 3.1% year-on-year in the first quarter of 2025, confirming preliminary estimates and easing slightly from a two-year high of 3.4% in the previous quarter. The slowdown was largely driven by a negative contribution from net trade, as exports declined further (-3.2% vs. -1.7% in Q4), while imports rose at a faster pace (4.6% vs. 2.2%). Meanwhile, domestic demand showed stronger momentum, with final consumption growth accelerating to 7.2% from 5.8% in Q4, reflecting resilient household and government spending. Gross fixed capital formation also improved markedly, rising by 7.9% compared to 1.4% previously. On a quarterly basis, the economy expanded by 0.6%, easing from the 0.9% growth recorded in the previous three-month period.