Bulgaria Ranks 5th Among the 28 Member States of the EU on Economic Growth

Finance | June 6, 2019, Thursday // 13:10|  views


Bulgaria ranks fifth among the 28 member states of the European Union on economic growth.

In the first quarter of this year, GDP growth was 1.2%. Before our country is Croatia, whose economy grew by 1.8% in the same period, followed by Hungary and Poland by 1.5% and Romania by 1.3%.

The GDP growth of 19 euro area countries after the final third estimate reached 0.4% quarter on quarter and 1.2% per year, a Eurostat message said.

In the fourth quarter of 2018, the GDP growth of 19 countries using the single currency reached 0.2% on a monthly basis and 1.2% at an annual rate.

The aggregate GDP growth of the EU in the first quarter was 0.5% quarterly and 1.5% annual, as predicted in the previous two estimates.

In the fourth quarter of 2018, the region's GDP grew 0.3% compared to the third quarter and 1.5% on an annual basis.

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Tags: economic growth, Bulgaria, eurostat, finance, EU


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