Bulgaria's Economy Grows by 1.8% in 2023
The National Statistical Institute (NSI) has released preliminary data revealing that Bulgaria's gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023
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The building permits issued by local administrations in Bulgaria during the third quarter of 2009 are down 35% year/year while the residential units inside those buildings are down 60%.
The data was released Monday by the National Statistics Institute (NSI). It further shows the administrative buildings are down 33,3%, while other buildings are reduced by 11,5%.
During the third quarter, local administrations have issued building permits for 1 783 buildings with 5 209 residential units inside them, 84 administrative buildings, and 1 289 other buildings.
Compared to the second quarter, the residential building permits are down 2,7%, but the units inside them are up 15,6%. The number of administrative buildings during the third quarter is up by 6,3% compared to the second one, while other buildings are up 11,1%.
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