Bulgarian GDP, -8.2% in the second quarter of 2020

Bulgarian GDP recorded a fall by 8.2% in the second quarter of 2020 compared to the same quarter of the previous year and with 9.8% compared to the first quarter of 2020 according to the seasonally adjusted data gathered by National Statistical Institute.

According to the flash GDP estimates for the second quarter of 2020, the GDP at current prices is 27 058.4 million BGN.

Gross Value Added in the second quarter of 2020 amounted to 23 510.4 million BGN.

In the structure of GDP by the expenditure approach the largest share has the final consumption (78.9%), which in nominal terms is 21 345.6 million BGN.

In the second quarter of 2020 gross capital formation is 5 114.8 million BGN and has a share of 18.9% in GDP. The external balance (exports minus imports) has a positive sign.

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