Bulgaria's economy to grow by 3.3% in 2021, 3.9% in 2022 - ING

Bulgaria's economy to grow by 3.3% in 2021, 3.9% in 2022 - ING

Dutch-based banking and financial services corporation ING Group said that it expects Bulgaria's gross domestic product (GDP) to grow by 3.3% this year and by 3.9% in 2022.

Bulgaria's economy is expected to contract by 4.6% in the first quarter of this year, followed by growth of 7.6% and 4.6% in the next two quarters, respectively, ING Group said in its global economic and financial forecast report, published earlier this month.

Bulgaria's consumer price index (CPI) inflation is expected to stay unchanged at 1.7% in 2020 and 2021, before picking up to 2.2% in 2022.


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.