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Bulgarian GDP expanded with 3.1% in Q4 2015

February 18, 2016

Bulgarian Gross Domestic Product (GDP) expanded with 3.1% in the fourth quarter of 2015 compared to the same quarter of the previous year and with 0.8% compared to the third quarter of 2015 according to the seasonally adjusted data of the National Statistical Institute (NSI).

According to the flash GDP estimates for the fourth quarter of 2015, the GDP at current prices amounted to 23 977 million BGN.  GVA in the fourth quarter of 2015 amounted to 20 728 million BGN.

In the structure of GDP by the expenditure approach the largest share has the final consumption (78.6%), which in nominal terms amounted to 18 835 million BGN. In the fourth quarter of 2015 gross capital formation is 6 335 million BGN and has a share of 26.4% in GDP.