Historical archive. News item from the previous archive. Figures, assessments and references relate to the original period and do not necessarily describe the current situation. Read the updated guides.

Date stated in the original: 11 June 2015. Review note: 6 November 2026.

The text of the original article

Bulgaria’s economic growth exceeds the Eurostat average — image from the original website

According to Eurostat's second estimate, published on Tuesday, Bulgaria's GDP growth exceeded the EU average in the first quarter of 2015. The country's GDP grew by 0.9% compared with the preceding quarter and by 2% compared with the same quarter of 2014. EU GDP grew by 0.4% in the first quarter of 2015 compared with the previous quarter and by 1.5% compared with the same quarter of 2014. The Member States recording the highest growth in the first quarter of 2015 were the Czech Republic, Cyprus and Romania, followed by Bulgaria and Spain, Hungary, Slovenia and Slovakia. GDP declined in four Member States — Lithuania, Estonia, Greece and Finland. Regarding GDP components, household final consumption expenditure rose by 0.5% in the EU, gross fixed capital formation grew by 0.8%, exports increased by 0.6% and imports by 1.4%. The external balance made a negative contribution to GDP growth, while the contribution from changes in inventories was positive.