Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria Sees 2.1% y/y GDP Growth 4th Quarter 2010
BULGARIA SEES 2.1% Y/Y GDP GROWTH 4TH QUARTER 2010
Date: 15/02/2011
Source: novinite.com
Bulgaria Sees 2.1% y/y GDP Growth 4th Quarter 2010

Bulgaria's GDP growth rate in the fourth quarter of 2010 is 2,1%, year on year and 1,7% compared to the previous quarter, according to the National Statistical Institute's flash estimates.

In the fourth quarter of 2010, the GDP at current prices amounted to BGN 19 924 B. The GDP for 2010 in monetary terms amounted to BGN 70 568 B.

Compared to the third quarter of 2010, gross value added of the total economy increased by 0.4%. According to flash estimates of GDP by final expenditure, in the fourth quarter of 2010 for the first time during the year final consumption expenditure and gross capital formation recorded an increase by 4.1% and 2.8% respectively.

Unlike the first three quarters of the year, exports of goods and services in the fourth quarter decreased by 3.9% compared to the previous one. During the same period, imports of goods and services increased by 2.3% over the previous quarter.

On an annual basis, during the fourth quarter of 2010 gross value added increased by 0.8%. The indicator's movement is determined mainly by the increase recorded in the agricultural sector (4.8%) and industry (3.6%). Services have a negative contribution to value added with a decline of 1.8% over the period.

As for the expenditure component of GDP, a major contributors to registered positive economic growth of 2.1% are collective consumption and exports of goods and services, which increased by respectively 11.3% and 10.7% year on year. Final consumption and gross capital formation recorded a decline compared to the corresponding quarter of previous year by 1.3% and 2.1%respectively


Topic: Financial



Featured District
VELIKO TARNOVO DISTRICT AND CITY INFORMATIONVeliko Tarnovo
Invest Bulgaria Charts
Producer Price Index of Bulgaria (change %)
Producer Price Index of Bulgaria (change %)

Gross External Debt of Bulgaria
Gross External Debt of Bulgaria

See all charts
Did You Know?
New Sofia Airport
New Sofia Airport
Since 2006, Sofia has a modern brand new international airport that matches the finest airports in ... More

Plovdiv is one of the oldest cities in Europe, the city is contemporary of Troy. Homer, Herodotes and other ancient authors describe the life, traditions and the rich culture of the Tracians, who are the oldest population on the Balkan Peninsula.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members