Industrial Production in Bulgaria
The Bulgarian economy recorded an average industrial production growth rate of 1.5% in the decade to 2024. In 2024, industrial production growth was -3.1%. For more industry information, visit our dedicated page.
Bulgaria Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Bulgaria from 2014 to 2025.
Source: Macrobond.
Bulgaria Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -5.9 | 9.8 | 12.7 | -8.4 | -3.1 |
Industrial production falls at a faster clip in November
Latest reading: Industrial production was down 10.9% on a year-on-year basis in November, following a 7.4% decline in the prior month. November's reading was the weakest since April 2025. Relative to the previous month's figures, the reading for manufacturing weakened in November (-6.7% on a year-on-year basis vs -6.1% in October). In contrast, the reading for mining improved in November (+13.2% vs -11.8% in October). In seasonally adjusted month-on-month terms, industrial production fell 1.7% in November, following a 2.4% drop in the previous month.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Bulgarian industry projections for the next ten years from a panel of 8 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 industry forecast available for Bulgarian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Bulgarian industry projections.
Want to get access to the full dataset of Bulgarian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Serbia: Industrial production shrinks more quickly in December Latest reading: Industrial production was down 5.7% on a year-on-year basis in December, following a 3.4% fall in the previous... -
Croatia: Industrial production loses steam in December Latest reading: Industrial production was up 4.5% in working day adjusted year-on-year terms in December, following 8.7% growth in the... -
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Italy: Industrial production returns to growth in November Latest reading: Industrial production was up 1.5% in seasonally adjusted month-on-month terms in November, following a 1.0% fall in the...