Nominal GDP for Bulgaria was US$80.3bn in 2021, down from US$69.2bn in 2020. The Bulgarian population was estimated at 6.8m in 2021 according to the IMF, while Germany is Bulgaria’s biggest trading partner.

Variables Surveyed for Bulgaria

Variables covered in our monthly analysis of Bulgaria include:

  • Gross Domestic Product (GDP)
  • Household Consumption
  • Gross Fixed Investment
  • Industrial Production
  • Consumer Price Inflation
  • General Government Budget Balance
  • Merchandise Exports
  • Merchandise Imports
  • Trade Balance
  • Current Account Balance
  • Foreign Currency Reserves
  • Lev Currency Forecasts
  • Monthly Inflation Forecasts

Consensus Forecasts for Bulgaria

Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters”  including the IMF, OECD, and European Commission. The table below shows a small example set of forecasts for GDP Growth and Consumer Prices (CPI), taken from our survey of September 2022.

Source: Eastern Europe Conensus Forecasts, September 2022

Special Surveys

In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Bulgaria on topics such as:

Main Data Sources for Bulgaria

  • National Statistical Institute: The National Statistical Institute or NSI is the Bulgarian state agency responsible for the collection and dissemination of statistical data on the population, economy and environment of the country.
  • Bulgarian National Bank: The BNB is an independent issuing institution of the State reporting to the National Assembly. It plays a key role in the Bulgarian economy and takes care of maintaining the stability of the Bulgarian currency, and of strengthening and development of the banking and credit system in the country.

Comprehensive Forecasts Coverage

Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.