SOFIA (Bulgaria), July 23 (SeeNews) - Bulgaria's M3, the broadest gauge of money supply, rose by 13% year-on-year to 118.6 billion levs ($71.3 billion/60.6 billion euro) in June, compared to an annual growth rate of 12.7% a month earlier, the central bank said on Friday. GDP growth (annual %) - Bulgaria. Bulgaria gdp growth rate for 2019 was 3.69%, a 0.6% increase from 2018. Aggregates are based on constant 2010 U.S. dollars. From a political point of view, there is a trade-off between Bulgaria's economic growth and the stability required for early accession to the monetary union. The euro area annual inflation rate was 1.9% in June 2021, down from 2.0% in May. Bulgaria BKT Viime Edellinen Korkein Alin Yksikkö; Bkt: N Kasvu 2.50: 2.20: 13.40-10.10: Prosentti: Bkt Annual Growth Rate 15/100. Choose "Latest data available" option to display the latest data available when there is no data for the selected year. It cut its forecast of GDP growth in 2021 to 4% from a previous forecast of 5.1%. Bulgaria's wage subsidy scheme has protected jobs and household incomes from the worst of the impact, but the Covid-19 shock has caused a drop in output not seen since the 1996-97 banking crisis. -0.2% monthly inflation 6 916 548 number of population-1.8% GDP growth 71.7% employment rate 6.3% unemployment rate 98.8% industrial production index 101.9% total producer price index 97.6% construction production index 101.4% retail trade turnover index 1. Office Information. Bulgarien BNP Sidste Forrige Højeste Laveste Unit; Bnp-Vækst 2.50: 2.20: 13.40-10.10: Procent: Bnp, Årlig Growth Rate -1.80 Aggregates. Bulgaria’s Cabinet has set a 3.3 per cent economic growth target this year in the Budget Act macro-economic framework, after recording 3.4 per cent growth in 2019. You can create your own queries; generate tables, charts, and maps; and easily save, embed, and share them. What is actually being captured when measuring GDP, read the new OECD Insights blog. GDP Annual Growth Rate in Bangladesh averaged 5.94 percent from 1994 until 2019, reaching an all time high of 8.20 percent in 2019 and a record low of 4.08 percent in 1994. The United States is the largest country to experience multiple consecutive years in which economic growth has been “decoupled” from growth in carbon dioxide emissions. A year earlier, the rate was 0.3%. Average annual GDP growth of 1.6 % over the last decade in the EU-27 and 1.4 % in the euro area Poland consistently recorded positive rates of change throughout the period shown in Table 1, as did Albania, Kosovo* (data from 2009 to 2018) and China (data from 2009 to 2018) among the non-member countries in … The volume of Gross Domestic Product in Bulgaria increased to 69.11 USD Billion in 2020. 12.5/100. Growth vs. Breadth and depth of coverage: 19 databanks with thousands of series and a high level of data granularity, with historical and forecast data for countries, industrial sectors, trade, cities, and tourism. Population, million. The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Gross domestic product (GDP), 2019 archive. 2020. Nilai-nilai semasa, data sejarah, ramalan, statistik, carta dan kalendar ekonomi - Bulgaria - KDNK Kadar Pertumbuhan Tahunan. In this Markets in a Minute chart from New York Life Investments, we’ve mapped the IMF’s country-level GDP forecasts to see which areas are expected to have the greatest rebounds. GDP of Bulgaria increased from 14.18 billion US dollars in 2001 to 68.56 billion US dollars in 2020 growing at an average annual rate of 9.25%. 6.5% per year; 7.5% per year; 8.5% per year; 9.5% per year; Greater than 9.5% per year; We also learned that Argentina doubled its GDP per capita only once from 1950-2015. In 2020, GDP for Bulgaria was 68.56 billion US dollars. In 2021 the much hoped economic growth will return at an estimated 3.0%-4.0% pace. The average annual growth rate was only 2% in that decade. Select Year. The real GDP (PPP) per capita growth at the time was 2.5% and the employment went up by 3.4% to 962,400. This page provides - Bangladesh GDP Annual Growth Rate - actual values, historical data, … Meanwhile, Bulgaria began an economic … Corporate debt levels are relatively low in the LAC region, except Chile, where corporate debt exceeds 100 percent of GDP. Enjoy using DataBank and let us know what you think! Source: World Bank > Bulgaria > Bulgaria GDP Growth Rate. Data published Yearly by World Bank. Download - Excel CSV - Sources. Browse by Country or Indicator. Bulgaria gdp per capita for 2019 was $9,828, a 4.25% increase from 2018. As a result, global GDP growth forecasts for 2021 and 2022 sit at +6.0% and +4.4% respectively. In the third quarter, real GDP increased 33.4 percent. The GDP growth rate measures how fast the economy is growing. It does this by comparing one quarter of the country's gross domestic product to the previous quarter. GDP measures the economic output of a nation. The GDP growth rate is driven by the four components of GDP. GDP per Capita in Bulgaria (with a population of 7,102,444 people) was $8,300 in 2017, an increase of $360 from $7,940 in 2016; this represents a change of 4.5% in GDP per capita. GNI per Capita Estimates Using PPP (2019) 1. The Bulgarian economy has experienced rapid growth in recent years reaching estimated gross domestic product (GDP) of $162.68 billion (PPP, 2018 est.), GDP per capita of $23,207 (PPP, 2018 est.), and average gross monthly salary of 1281 leva (655 euro) (April, 2019). The Gross Domestic Product of a country can be defined as the total monetary value of the goods and services produced within its borders in a year. GDP growth forecast: Eastern Europe, U.S., U.K. and Germany 2010-2024 Gross domestic product (GDP) in Bulgaria 2026 Gross domestic product (GDP) growth rate in Bulgaria 2026 Valores atuais, dados históricos, previsões, estatísticas, gráficos e calendário econômico - Bulgária - PIB Taxa de Crescimento Anual. The central bank sees the Balkan country returning to its 2019 growth level by the middle of 2022. Tel: 359‐2‐981‐4506; /4595 Fax: [359] (2) 981-2524 Email: nilahi@imf.org BELGRADE (Serbia), July 23 (SeeNews) - Serbia's government expects economic growth to accelerate to between 12% and 15% on the year in the second quarter of 2021, finance minister Sinisa Mali said on Friday. Hence, GDP contraction should be in the 4.5-5.5% range for both. From 2000 through 2008, Bulgaria maintained robust, average annual real GDP growth in excess of 6%, which was followed by a deep recession in 2009 as the financial crisis caused domestic demand, exports, capital inflows and industrial production to contract, prompting the government to rein in spending. WTTC’s latest annual research shows: The Travel & Tourism sector suffered a loss of almost US$4.5 trillion to reach US$4.7 trillion in 2020, with the contribution to GDP dropping by a staggering 49.1% compared to 2019; relative to a 3.7% GDP decline of the global economy in 2020. The left figure shows the estimated response of GDP growth to temperature across all countries in the world (black line). United States GDP (Gross Domestic Product) was INT$0.00billion for 2020 in PPP terms. Country Report 2017 - Includes Bulgaria real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. World-class economic team: An in-house team of 160 economists, the largest economics team in the private sector, including macro, industrial, financial, labour and urban economists. In 2015, Sofia was ranked 30th out of 300 global cities in terms of combined growth in employment and real gross domestic product (GDP) per capita, the highest one amongst cities in Southeast Europe. This rate is 3 -tenths of one percent higher than the figure of 2.2% published in the forth quarter of 2020. Nilai saat ini, data historis, perkiraan, statistik, grafik dan kalender ekonomi - Bulgaria - Pertumbuhan PDB (y-on-y). License : CC BY-4.0. Gross Domestic Product of Bulgaria grew 2.5% in the first quarter of 2021 compared to the previous quarter. Bulgaria gdp per capita for 2017 was $8,334, a 10.4% increase from 2016. Gross Domestic Product for the Fourth Quarter of 2020 (Flash Estimates) Tuesday, 16 February 2021 - 11:00. The indicator is expressed in annual growth rates. As the graph below shows, over the past 37 years this indicator reached a maximum value of 10.94 in 1988 and a minimum value of -9.12 in 1990. Investment commitments in infrastructure with private participation in 2020 stood at $45.7 billion across 252 projects, marking a 52% decline from 2019 levels. 67.859. Bulgaria's per-capita PPP GDP is still only about a half of the EU27 average, while the country's nominal GDP per capita is about 20% of the EU27 average GDP per capita, current US$ 9,764. World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. Many WDI indicators use GDP or GDP per capita as a denominator to enable cross-country comparisons of socioeconomic and other data. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Among the Major Seven economies, the United States recorded an annual growth of minus 9.5%, while the United Kingdom recorded the sharpest annual fall … The three panels above demonstrate how these three sources of information are combined to produce the black line in the figure at top. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. Stronger growth and improvements in the labor market have contributed to poverty reduction. Bulgaria’s economic recovery continued in 2016 and supported improved fiscal performance but the medium-term outlook remains challenging. Current Bulgaria GDP Growth Rate: 3.94% Bulgaria GDP Growth Rate for Dec 2016 Mean: 2.03% Median: 3.13% Min: -9.12% (Dec 1990) Max: 10.94% (Dec 1988) Bulgaria GDP growth rate per year. Gross domestic product (GDP), 2019 archive The year-on-year change in GDP was -1.8%, 20 -tenths of one percent more than the -3.8% recorded in the forth quarter of 2020. Dec 05, 2019 11:16 EEST. It groups Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. Az oldal aktuális és múlbeli adatokat, elorejelzéseket, statisztikákat, grafikonokat és a gazdasági naptár adatait tartalmazza - Bulgária - GDP éves növekedési ráta. Definition: Annual percentage growth rate of GDP at market prices based on constant local currency. The slowdown was influenced by the base effect growing less favorable, although underlying momentum—as indicated by comparing the quarters of 2021 to the same period in 2019—improved, with growth in Q2 relative to Q2 2019 speeding up to 5.5% from 5.0% in Q1. Country Comparator -. Bulgaria Over the last 25 years Polish economy doubled in size, as measured in terms of real GDP. European Union annual inflation was 2.2% in June 2021, down from 2.3% in May. Bulgaria. Bulgaria's annual GDP growth slows to 3.7% in Q3 - prelim data. Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. Gross Domestic Product (GDP), a widely used indicator, refers to the total gross value added by all resident producers in the economy. Bulgaria’s economic freedom score is 70.4, making its economy the 35th freest in the 2021 Index. With an annual budget of over €129bn, the EU is an economic power in its own right, more significant than many countries. Between 1950 and 1970, Japan doubled its GDP per capita every 8.2 years. Real GDP is projected to grow by 4.6% in 2021, by 4.7% in 2022 and by 2.1% in 2023. 6.95. Market Growth Rate. Line Bar Map. World's GDP is $80,934,771,028,340 (nominal, 2017).. See also: GDP per Capita Similar values. Economic Environment Ease of doing business index (1=most business-friendly regulations) GDP growth (annual %) Individuals using the Internet (% of population) Gender Proportion of seats held by women in national parliaments (%) Ratio of female to male labor force participation rate (%) (modeled ILO estimate) A second reading confirmed that GDP slid at a milder rate of 1.8% in the first quarter, following the 3.8% contraction logged in the fourth quarter of last year. The United States is the largest country to experience multiple consecutive years in which economic growth has been “decoupled” from growth in carbon dioxide emissions. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP, current US$ billion. 20 0 0 0 0 Real GDP growth remained slow - less than 2% annually - until 2015, when demand from EU countries for Bulgarian exports, plus an inflow of EU development funds, boosted growth to more than 3%. In 2019 Parliament approved the State Enterprise Act, introducing updated corporate standards and management practices. Bulgaria - Gross domestic product in constant prices growth rate -4.0 (%) in 2020 In 2020, real GDP growth for Bulgaria was -4 %. The latest comprehensive information for - Bulgaria GDP Annual Growth Rate - including latest news, historical data table, charts and more. Published. The average growth rate has been calculated using the geometric mean to obtain a 10-year equivalent rate. It presents the most current and accurate global development data available, and includes national, regional and global estimates. The European Commission publishes a full set of macroeconomic forecasts for the EU and its Member States in spring (May) and autumn (November) and publishes interim forecasts updating GDP and inflation figures in winter (February) and summer (July). Gini Coefficient (Gini coefficient of disposable income - 2019, Eurostat) 40.8: Life Expectancy at birth, years (Most recent WDI value 2018) 75 Bulgaria’s roughly 220 SOEs account for about five percent of employment in the country, and their revenues amount to about 13.5 percent of the GDP. Year-on-year GDP growth for the OECD area was minus 10.9% in the second quarter of 2020, following growth of minus 0.9% in the previous quarter. Bulgaria gdp per capita for 2016 was $7,549, a 6.99% increase from 2015. Private investment commitments have not fallen to these levels since 2004, when investment totaled $31.3 billion. DataBank Microdata Data Catalog. In terms of GDP per capita (at PPP), Poland narrowed the gap by nearly half, moving from 32 to 60 percent of the Western European average (EU-15).1 Annual GDP growth between 1991 to 2008 was an impressive 4.6 percent (Exhibit 1). The GDP data below is measured in millions of U.S. dollars (except GDP per capita data, which is measured normally) The GDP data below does not reflect the second-quarter 2020 GDP totals, but rather the annual totals (the real GDP growth rate column shows the real GDP annual growth rate for Q4 2020 to … GDP Growth Rate in 2017 was 3.81%, representing a change of 2,164,275,078 US$ over 2016, when Real GDP was $56,786,516,854. According to the seasonally adjusted data, the GDP has a negative growth of 3.8% in the fourth quarter of 2020 compared to the same quarter of the previous year. GDP Annual Growth Rate in New Zealand averaged 2.46 percent from 1988 until 2021, reaching an all time high of 7.30 percent in the third quarter of 1993 and a record low of -11.20 percent in the second quarter of 2020. Meanwhile, Belarus and Ukraine experienced minimal growth during this period, and Russia’s economy expanded at an average annual rate of just 0.7 percent. - … Menu. Compound Annual Growth Rate (CAGR) of Primary Energy Use (2013-2018) 2. 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 2055 2060 2065 2070 2075 2080 2085 2090 2095 2100 6,416,748 Population. Luxembourg’s economic freedom score is 76.0, making its economy the 18th freest in the 2021 Index. Historical Data (USD Billion) by years Population figures based on United Nations data. With the disintegration of Soviet-bloc trade and payments arrangements, GDP declined by about 10% in 1990, 13% in 1991, 8% in 1992, and an estimated 4% in 1993. Resident Representative for Bulgaria Nadeem Ilahi IMF Senior Regional Representative for Central, Eastern and South-Eastern Europe . Bulgaria gdp … ... • Competitiveness for growth and employment Economic growth … As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). DataBank is an analysis and visualisation tool that contains collections of time series data on a variety of topics. Compound Annual Growth Rate (CAGR) of GDP (constant 2005 US$) (2014-2019) 1. On a seasonally-adjusted quarter-on-quarter basis, economic growth rose to 2.5% in Q1 from 2.2% in the previous quarter. Post-crisis recovery and efficiency of the labor market in Bulgaria . “Estimates of potential growth are generally around 1.7 percent or 1.8 percent for the entire decade,” Jason Furman, chair of the Council of Economic Advisers under Obama, said in an email. Serbia's Q2 economic growth may reach 15% y/y - fin min. The latest macroeconomic forecast for Bulgaria. Annual National Accounts, Archive before 2019 benchmark revisions. Growth in the economy is measured by the change in GDP at constant price. Author Mario Tanev. This page provides - Bulgaria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. A year earlier, the rate was 0.8%. Market Intensity. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy. Gross domestic product outlook A significant economic rebound is projected in 2021 reflecting the expected re-opening of the economy, strengthened policy support and the ongoing global recovery. The currency used in Bulgaria is Bulgarian lev Its annual summit is aimed at boosting economic, energy, transport and digital ties. Population: 6,416,747. PopulationPyramid.net. - … For example, Bulgaria’s Exports rank is higher than 66.67% of the countries in the dataset. By the end of 2019, corporate debt levels in Ukraine, Poland, the Slovak Republic, and Slovenia were close to 50 percent of annual GDP, while in Bulgaria, Russia, and Turkey this ratio had reached more than 70 percent. BULGARIA. Bulgaria gdp per capita for 2018 was $9,428, a 13.12% increase from 2017. The maximum volume was 69.11 USD Billion and minimum was 9.7 USD Billion. GDP Growth Rate in Bulgaria averaged 0.92 percent from 1997 until 2021, reaching an all time high of 13.40 percent in the fourth quarter of 1997 and a record low of -10.10 percent in the second quarter of 2020. World Bank national accounts data, and OECD National Accounts data files. Feedback. We develop the economic theory We provide new ideas and solutions to the business management We prepare highly qualified economists This page in: ... GDP growth (annual %) GDP (constant 2010 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP… GDP growth lost momentum in the second quarter, falling to 7.9% year-on-year from 18.3% in the first quarter. None. Bulgaria’s economy was set to grow by three per cent in 2020, according to the latest World Bank’s Global Economic Prospects report, released on January 9. Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. Though Bulgaria real GDP growth fluctuated substantially in recent years, it tended to decrease through 2001 - 2020 period ending at -4 % in 2020. Latest official GDP figures published by the World Bank. GDP, volume – annual growth rates in percentage, 2019 archive Gross domestic product (annual), 2019 archive GDP, US $, current prices, current PPPs, millions, 2019 archive GDP (PPP): $170.9 billion ; 3.4% growth; 3.6% 5-year compound annual growth; $24,561 per capita; Unemployment: 4.3% ; Inflation (CPI): 2.5% ; FDI Inflow: Same region. Country Comparator - Compare countries across a variety of economic indicators including GDP, inflation and exports. Real gross domestic product (GDP) increased at an annual rate of 4.0 percent in the fourth quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. GDP (current US$) Romania Hungary Bulgaria Czech Republic Poland Slovenia. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. Annual percentage increase in total Bulgarian GDP.

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