Bulgaria's GDP Increases by 3.6% Per Year

Bulgaria's GDP Increases by 3.6% Per Year

Gross Domestic Product (GDP) expanded with 3.6% in the fourth quarter of 2017 compared to the same quarter of the previous year and with 0.8% compared to the third quarter of 2017 according to the seasonally adjusted data made by NSI.
The Eurostat Handbook on quarterly National Accounts defines the flash estimates as:
Flash estimates for GDP in the context of general conditions for the preparation of short-term indicators are based on preliminary short-term information (subject to subsequent update and revisions) expert assessments and models for the components of GDP structure, for which direct basic information at the time of calculation is not available. Flash estimates of GDP for the fourth quarter of 2017 were prepared within 45 days after the reference period.

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