February 14 (SeeNews) - Bulgaria's economy expanded by 3.5% year-on-year in the fourth quarter of 2019, after growing by 3.7% in the previous quarter, the National Statistical Institute (NSI) said on Friday.
On a quarterly comparison basis, Bulgaria's GDP growth slightly slowed down to 0.7% in the October-December period of 2019, from 0.8% in the third quarter, the NSI said in a flash estimate, citing seasonally adjusted data.
Calculated in current prices, Bulgaria's GDP totalled 32.4 billion levs ($18.0 billion/16.6 billion euro) in the review period, according to the flash estimate.
GDP components (pct change):
|
Q4 y/y |
Q4 q/q |
GDP |
3.5 |
0.7 |
Final consumption |
5.0 |
0.6 |
Gross fixed capital formation |
-1.2 |
-2.1 |
Exports |
-1.5 |
0.1 |
Imports |
-2.7 |
-1.0 |
source: NSI
(1 euro = 1.95583 levs)