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First four months of 2015: Bulgarian GDP rises by 2% — image from the original website

Bulgaria’s GDP increased by 2% in the first four months of 2015, exceeding the estimates of international organisations.

The strong result confirms the potential for recovery, growth and investment in the economy of the Republic of Bulgaria.

Bulgaria’s economy grew by a seasonally adjusted 2% year-on-year in the first quarter of 2015, the National Statistical Institute (NSI) announced on Friday.

Compared with the fourth quarter of 2014, Bulgaria’s Gross Domestic Product (GDP) grew by 0.9%, the statistics office said in a statement.

According to preliminary data, the GDP at current prices amounted to BGN 17.25 B (EUR 8.82 B) in the first quarter of 2015.

The GDP per capita was BGN 2,395 (EUR 1,224) in January-March period of 2015.