Bulgaria - Nominal Gross Domestic Product





Bulgaria: Nominal Gross Domestic Product

Mnemonic GDP.IBGR
Unit Mil. BGN, SA
Adjustments Seasonally Adjusted
Quarterly 2.55 %
Data 2018 Q3 27,481
2018 Q2 26,797

Series Information

Source National Statistics Institute (NSI) - Republic of Bulgaria
Release National Accounts
Frequency Quarterly
Start Date 3/31/1995
End Date 9/30/2018

Bulgaria: GDP

Reference Last Previous Units Frequency
Real Fixed Investment (gross fixed capital formation) 2018 Q4 4,541 4,418 Mil. Ch. 2010 BGN, WDASA Quarterly
Real Gross Domestic Product 2018 Q4 22,703 22,528 Mil. Ch. 2010 BGN, WDASA Quarterly
Investment 2018 Q3 5,568 5,676 Mil. BGN, SA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2018 Q3 4,863 5,266 Mil. BGN, SA Quarterly
Nominal Gross Domestic Product 2018 Q3 27,481 26,797 Mil. BGN, SA Quarterly
Government Consumption 2017 Q1 3,701 4,483 Mil. BGJ Quarterly

Release Information

The main macroeconomic indicators for national accounts are the gross domestic product (GDP). This includes: 

  • GDP by Production approach
  • GDP by Income approach
  • GDP by Final Expenditure

GDP by Production approach is calculated as a sum of two components. The first is the gross value added measured at basic prices for the economy as a whole. The second is adjustments, which includes net taxes on products, non deductible VAT, and import duties. 

GDP by Income approach is the sum of the compensation of employees (i.e. labor costs and social security), net other taxes on production and imports (i.e. taxes minus subsidies on production and imports), gross operating surplus divided by mixed income, and adjustments. 

GDP by Final Expenditure includes Individual consumption of households which is measured by the final consumption expenditure of households. Here are some items that are covered: 

  • purchases of goods retailed incl. purchases between population purchases from catering and chairs, as well as pay for the repair of the goods;
  • purchase of services - electricity, water and heat ;
  • transport and communication services, residential rents, educational services paid health services, services related to leisure, culture and sport;
  • insurance and other services;
  • goods produced by households for their own consumption, represented by unincorporated activities and natural products consumed by the population;
  • income in kind;
  • imputation of housing occupied by owners.

One reason data for the system of national accounts is revised is because of new or updated statistical information based on statistical surveys or administrative sources. Another reason for revisions is updated methdology and calculation procedures for certain indicators. 

This information was taken from the source. For more information please go here:

Source

Once the link opens, the information can be found under the "Metadata and methodology" tab.