Bulgaria's Economy Grew 3% in Q2, 2016

Bulgaria's Economy Grew 3% in Q2, 2016

The Gross Domestic Product (GDP) of Bulgaria increased by 3% in the first quarter compared to the same period of the previous year, flash estimates of the national statistics body show.
Flash estimates are "the earliest picture of the economy according to national accounts concepts, which is produced and published as soon as possible after the end of the quarter, using a more incomplete set of information than that used for traditional quarterly accounts," as defined by the Eurostat Handbook on quarterly National Accounts.
For the second quarter of 2016 (April-June), the flash estimates suggest GDP was 21.753 billion levs.
Gross value added (GVA) for that period amounted to 18.538 billion levs.
"In the structure of GDP by the expenditure approach the largest share has the final consumption (77.7%), which in nominal terms amounted to 16.894 billion levs," NSI says.

Sofia News Agency

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.