Latest reading: Industrial production increased 0.2% in annual terms in August, following a 2.6% rise in the prior month. Relative...
Industrial Production in Bulgaria
The Bulgarian economy recorded an average industrial production growth rate of 1.5% in the decade to 2024. In 2024, industrial production growth was -3.1%. For more industry information, visit our dedicated page.
Bulgaria Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Bulgaria from 2025 to 2024.
Source: Macrobond.
Bulgaria Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -5.9 | 9.8 | 12.7 | -8.4 | -3.1 |
Industrial production contracts faster in August
Latest reading: Industrial production was down 10.3% in annual terms in August, following a 8.4% drop in the previous month. Relative to the prior month's data, readings in August softened for manufacturing (-6.6% on a year-on-year basis vs -3.5% in July) and mining (-6.7% vs +0.7% in July). On a seasonally adjusted month-on-month basis, industrial production was down 0.1% in August, stable from the prior month's reading.
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 industry projections for the next ten years from a panel of 8 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 industry forecast available for Bulgarian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Bulgarian industry projections.
Want to get access to the full dataset of Bulgarian industry forecasts? Send an email to info@focus-economics.com.
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