Exports in Bulgaria

Bulgaria Exports (EUR bn) | Economic News & Forecasts

Bulgaria - Exports (billions of Euros)

Growth exceeded expectations in the third quarter, thanks to sturdy domestic demand and a rebound in exports. Total consumption remained in the driver’s seat in Q3, benefiting from a record-low unemployment rate and strong wage growth. Meanwhile, fixed investment picked up pace in Q3; however, it remained subdued nonetheless, restrained by the challenging external backdrop, which also limited the scope of the rebound in exports. Turning to the fourth quarter, an uptick in consumer confidence and a further dip in business sentiment in October paint a similar pattern at the outset of Q4, pointing to resilient consumer spending but downbeat investment activity. Meanwhile, at the end of October, the government approved the budget draft for 2020. It outlines sizable hikes in public-sector salaries, but also a balancing of the fiscal accounts thanks to strong growth-driven revenue increases.

Bulgaria - Exports (EUR bn) Data

2013  2014  2015  2016  2017  
Exports (EUR billion)21.2  21.0  21.9  23.1  27.0  

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Bulgaria Facts

Bond Yield0.400.0 %Nov 21
Exchange Rate1.76-0.72 %Nov 21
Stock Market550-0.35 %Nov 21

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