Bulgaria Records 2.2 % Increase in GDP in Q2 – Flash EstimatesBusiness | August 14, 2015, Friday // 13:32| views
In the second quarter of the year, the Gross Domestic Product (GDP) of Bulgaria increased by 2.2 % compared to the same quarter in 2014.
The GDP, which exceeded BGN 20.9 B, recorded a growth of 0.4 % compared to the first quarter of the year.
This is revealed by the flash estimates of the National Statistical Institute, which were released on Friday.
The balance of trade in the second quarter of 2015 was negative.
NSI is scheduled to publish the preliminary data on GDP in the second quarter on September 4.
At the same time, Eurostat also released its flash estimates on GDP growth in the member states of the EU in the second quarter of the year.
The figures of Eurostat confirm those of NSI, with the GDP in Bulgaria registering an increase of 2.2 % compared to the same quarter in 2014 and a growth of 0.4 % compared to the previous quarter.
The average GDP in the EU-28 increased by 0.4 % compared to the previous quarter and by 1.6 % compared to the same quarter in 2014.
Thus, the economic growth in Bulgaria exceeded the EU average figures.
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