Bulgaria's GDP decrease slows to 3.8% y/y in Q4 - prelim data

Bulgaria's GDP decrease slows to 3.8% y/y in Q4 - prelim data

Bulgaria's gross domestic product (GDP) fell by 3.8% year-on-year in the fourth quarter of 2020, following a 5.2% decrease in the previous quarter, the National Statistical Institute (NSI) said on Tuesday.

On a quarterly comparison basis, Bulgaria's GDP rose 2.2% in the October-December period of 2020, after a 4.3% increase in the third quarter of the year, the NSI said in a statement, citing preliminary seasonally adjusted data.

Bulgaria's GDP totalled 33.2 billion levs ($20.2 billion/17 billion euro) at current prices in the review period.

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