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Date shown in the original: 7 October 2015. Review note: 6 November 2026.

The text of the original article

Growth forecast for Bulgaria — image from the original site

According to the International Monetary Fund's (IMF) latest World Economic Outlook, published on Tuesday, the Bulgarian economy is expected to grow by 1.7% in 2015.

Bulgarian GDP will therefore maintain its 2014 level, with a further increase to 1.9% expected in 2016.

As regards consumer prices in Bulgaria, deflation of 0.8% is expected in 2015 and 0.6% in 2016.

Bulgaria's unemployment rate is expected to decline steadily from 10.3% in 2015 to 9.7% in 2016.

Growth in the Bulgarian economy is forecast to remain below the average projected for emerging and developing European countries, which is 3% for both 2015 and 2016.

The other countries included in the group are Albania, Bosnia and Herzegovina, Croatia, Hungary, Kosovo, Macedonia, Montenegro, Serbia, Poland, Romania and Turkey.

Global economic growth is projected at 3.1% in 2015 and 3.6% in 2016.