Money in Bulgaria

Bulgaria Money | Economic News & Forecasts

Bulgaria - Money

Recent data confirmed that the economy rebounded strongly in annual terms in Q2. The domestic economy drove the upturn, with the growth rate of total consumption doubling from the prior quarter and capital spending expanding at a robust pace. Turning to Q3, conditions appeared to moderate somewhat. Industrial output increased at a slower rate in July than in Q2, while exports grew at the slowest pace in five months in the same month. However, the unemployment rate declined in July and household credit growth accelerated to a 17-month high in August, both of which point to improving consumer spending. In politics, the country will go to the polls once again in November, after July’s parliamentary elections—the second to have taken place this year—failed to produce a government. The vote will also coincide with presidential elections, with President Rumen Radev seeking a second five-year term.

Bulgaria - Money Data

2015   2016   2017   2018   2019  
Money (annual variation in %)8.8  7.6  7.7  8.9  9.9  

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Bulgaria Money Chart

Bulgaria Money
Note: Annual variation of M2 in %.
Source: Bulgarian National Bank and FocusEconomics calculations.

Bulgaria Facts

Value Change Date
Bond Yield0.400.0 %Dec 31

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