Latest reading: In annual terms, industrial production was up 2.6% in July, following a 5.0% rise in the prior month....
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 2014 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 output deteriorates in July
Latest reading: Industrial output slid 8.3% year on year in July (June: -6.8% yoy). While manufacturing output fell at a softer pace in July, mining output nearly ground to a halt. On a seasonally adjusted monthly basis, industrial output flatlined in July (June: -1.9% mom s.a.). Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 4.8% in July, down from June's minus 4.0% 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.
Latest Global Industrial production News
-
Qatar: Industrial activity growth slows in July -
Russia: Industrial production decelerates in August Latest reading: Industrial production rose 0.5% on a year-on-year basis in August, following a 0.7% increase in the prior month,... -
Lithuania: Industrial production falls in August Latest reading: Industrial production was down 2.4% on a year-on-year basis in August, following a 1.8% rise in the previous... -
Taiwan: Industrial production keeps surging in August Latest reading: Industrial production increased 14.4% on a year-on-year basis in August, following a 18.7% rise in the prior month.... -
Poland: Industrial production loses momentum in August Latest reading: Industrial production rose 0.7% in annual terms in August, following a 3.0% increase in the previous month. Relative... -
Belarus: Industrial output posts weakest result in over two years in August Latest reading: Industrial production fell 0.8% in annual terms in August, following a 0.3% drop in the previous month, marking... -
Kazakhstan: Industrial output growth posts an eight-year high in August Latest reading: Industrial output rose 12.8% in year-on-year terms in August (July: +8.9% yoy), marking the highest growth rate since...