Bulgaria’s GDP Increased by 1.7% Year-on-Year in 2014
Monday, 09 March 2015
In the fourth quarter of 2014, GDP at current prices amounted to 22 692 million levs, according to data of Bulgaria’s National Statistical Institute.
In EUR terms GDP reached 11 602 million euros in total and 1 607 euros per person.
According to the seasonally adjusted figures, the GDP growth rate in the fourth quarter of 2014 was 0.4% compared to the third quarter of 2014 and 1.3% compared to the same quarter of 2013.
This means 2014 has been the fifth year in a row registering GDP growth, following the five-percent contraction in 2009.
In 2014 GDP at current prices amounted to 82 164 million levs.
In EUR terms GDP stood at 42010 million euros or 5 808 euros per person.
In 2014 GDP increased by 1.7% in real terms compared to 2013.
According to preliminary data of the NSI, the produced Gross Domestic Product at current prices for the fourth quarter of 2014 was 22 692 million levs.