Bulgaria - Real Gross Domestic Product
Bulgaria: Real Gross Domestic Product
| Mnemonic | GDP$.IBGR | |
|---|---|---|
| Unit | Mil. Ch. 2010 BGN, WDASA | |
| Adjustments | Working Day Adjusted and Seasonally Adjusted | |
| Quarterly | 1.19 % | |
| Data | 2019 Q1 | 22,974 |
| 2018 Q4 | 22,703 | |
Series Information
| Source | National Statistics Institute (NSI) - Republic of Bulgaria |
| Release | National Accounts |
| Frequency | Quarterly |
| Start Date | 3/31/2000 |
| End Date | 3/31/2019 |
Bulgaria: GDP
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Investment | 2019 Q1 | 6,023 | 5,253 | Mil. BGN, SA | Quarterly |
| Nominal Fixed Investment (gross fixed capital formation) | 2019 Q1 | 5,235 | 5,195 | Mil. BGN, SA | Quarterly |
| Nominal Gross Domestic Product | 2019 Q1 | 29,400 | 27,274 | Mil. BGN, SA | Quarterly |
| Real Fixed Investment (gross fixed capital formation) | 2019 Q1 | 4,551 | 4,541 | Mil. Ch. 2010 BGN, WDASA | Quarterly |
| Real Gross Domestic Product | 2019 Q1 | 22,974 | 22,703 | Mil. Ch. 2010 BGN, WDASA | 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.
