The Bulgarian economy is slowing down significantly
The Bulgarian economy, driven mainly by consumption over the last three years, is losing momentum significantly. Preliminary data for the fourth quarter of 2025
The Bulgarian economy, driven mainly by consumption over the last three years, is losing momentum significantly. Preliminary data for the fourth quarter of 2025
Bulgaria ended 2025 with a budget deficit of 3.1% of GDP. This can be considered good news, given that economists had been warning all year that the revenues projected
Higher growth in Bulgaria's gross domestic product (GDP), a slowdown in inflation, but also a budget deficit that will exceed the eurozone's 3% limit
Temporary high inflation and the desire to save will lead to moderate growth in private consumption
The main reason for the adjustment is the incoming data on the strong economic activity in the country.
Yet another big bank in Bulgaria – UBB - expects that the country will only meet the inflation criterion for the Eurozone next year
Bulgarian GDP growth accelerated slightly to 2% in the second quarter of the year, compared to the same period of 2023.
Bulgaria's gross domestic product in the fourth quarter of 2022 increased by 2.1% compared to the same period last year