GDP reading: GDP growth moderated to 2.5% in seasonally adjusted annualized rate terms (SAAR) in the final quarter of 2024...
Private Consumption in Bulgaria
Over the past decade until 2022, Bulgaria's economy recorded an average growth rate in private consumption of 2.6%, above the Eastern Europe average of 2.1%. In 2022, Bulgaria's private consumption growth was 3.8%. For more private consumption information, visit our dedicated page.
Bulgaria Private consumption Chart
Note: This chart displays Private Consumption (annual variation in %) for Bulgaria from 2024 to 2023.
Source: Macrobond.
Bulgaria Private consumption Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Private Consumption (ann. var. %) | -0.4 | 8.5 | 3.9 | 1.4 | 4.2 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Bulgarian private consumption projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable private consumption forecast available for Bulgarian private consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Bulgarian private consumption projections.
Want to get access to the full dataset of Bulgarian private consumption forecasts? Send an email to info@focus-economics.com.
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