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
Bulgaria's Тrade Gap More Than Doubles in Jan-Oct
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Източник: pixabay
Bulgaria's trade gap widened to 6.3 billion levs ($3.66 billion/3.22 billion euro) in the first ten months of the year, from 3.0 billion levs in the same period of 2017, the country’s statistical office, NSI, said on Tuesday, quoting preliminary data.
Exports added 1.4% on the year, reaching 46.0 billion levs in the January-October period, while imports rose by an annual 8.1% to 52.3 billion levs, NSI said in a statement.
In October alone, Bulgaria's exports increased by 7.4% year-on-year to 5.4 billion levs, while imports grew 13.6% to 6.2 billion levs.
Details follow (in millions of levs):
| Jan-Oct'18 | Jan-Oct'17 | Oct'18 | Oct'17 | |
| Exports (FOB) | 46,039.8 | 45,386.6 | 5,376.1 | 5,005.2 |
| Imports (CIF) | 52,343.2 | 48,405.9 | 6,198.0 | 5,457.6 |
| Balance | -6,303.4 | -3,019.3 | -821.9 | 452.4 |
source: NSI, quoted by SeeNews
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