Economy enters 2025 on weak footing: A second release confirmed that GDP was flat compared to a year ago in...
Exports in Bulgaria
In the year 2024, the exports in Bulgaria was -0.82%, compared to 3.05% in 2014 and 0.00% in 2023. It averaged 3.89% over the last decade. For more exports information, visit our dedicated page.
Bulgaria Exports Chart
Note: This chart displays Exports (G&S, ann. var. %) for Bulgaria from 2024 to 2023.
Source: Macrobond.
Bulgaria Exports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Exports (G&S, ann. var. %) | 4.0 | -9.6 | 11.6 | 12.1 | 0.0 |
GDP growth to stabilize in 2025: Economic growth is set to hover near 2024 levels this year as our panelists see rebounds in fixed investment and exports balancing out a deceleration in private and government spending. On the one hand, progress towards euro adoption, greater political stability following January’s government formation and access to EU funds this year will sustain market sentiment, boosting fixed investment. On the other hand, easing real wage growth amid higher inflation will dampen household spending. Downside risks include renewed political instability, regional geopolitical tensions and an EU-U.S. trade war hitting export demand.
Panelist insight: Regarding the outlook, ING analysts Stefan Posea and Valentin Tataru said: “On the outlook, we continue to see growth remaining robust […] in 2025. The recent wage advancements and an expansionary fiscal policy should continue to benefit private and public consumption. Moreover, the Schengen ascension and broader regional projects like the Vertical Gas Corridor, Nato-led infrastructure upgrades and the Three Seas Initiative should also bring some early benefits to activity and productivity. That said, the political uncertainty could weigh on investments.”
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Bulgarian exports projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exports forecast available for Bulgarian exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Bulgarian exports projections.
Want to get access to the full dataset of Bulgarian exports forecasts? Send an email to info@focus-economics.com.
Latest Global GDP News
-
Hungary: Economy stalls in Q1 2025 -
Latvia: Economy continues to contract in Q1 GDP still in the doldrums: GDP declined 0.3% year on year in the first quarter of 2025. That said, the... -
Lithuania: GDP growth loses momentum in Q1 Slowing momentum confirmed: A second release confirmed that GDP growth slowed to 3.0% year on year in the first quarter... -
Estonia: Economy contracts in Q1 Sustained growth remains a distant dream: GDP fell 0.3% in Q1 2025 in annual terms following Q4 2024’s 1.2% expansion.... -
Czech Republic: Economic growth records fastest upturn since Q4 2021 in Q1 GDP growth upwardly revised: GDP growth sped up to 0.8% on a seasonally adjusted quarter-on-quarter basis in the first quarter... -
Portugal: Economy swings into contraction in Q1 Second release confirms Portugal among the Euro area’s worst performers: A second national accounts release confirmed that the economy started... -
Finland: Economy remains downbeat in Q1 Second release downwardly revises Q1’s print to a stagnation: After contracting for two straight years, the Finnish economy failed to...