Quarterly data
Contact | |
---|---|
Contact organisation | National Statistical Institute |
Contact organisation unit | "Short-term Business Statistics and Statistics of Transport" |
Contact name | Emilia Altanova |
Contact person function | Chief expert |
Contact mail address | 2, P. Volov Str.; 1038 Sofia, Bulgaria |
Contact email address | |
Contact phone number | +359 2 9857 175 |
Contact fax number | |
Metadata update | |
Metadata last certified | 23 May 2024 |
Metadata last posted | 23 May 2024 |
Metadata last update | 23 May 2024 |
Statistical presentation | |
Data description | The expenditure on acquisition of tangible fixed assets is indicator, which provide information about the investment activity of all economic sectors. |
Classification system | · Classification of Economic Activities (CEA-2008, for international use NACE.BG 2008); · Classification of Types of Construction (CC). |
Sector coverage | The statistical survey covers all economic sectors - non-financial enterprises, finance and insurance companies, government administration (bodies of the legislative, executive and judicial branches, local-self government bodies and administration, autonomous state institutions) and non-profit organizations. |
Statistical concepts and definitions | The expenditure on acquisition of tangible fixed assets during the period under review include the actual costs: land purchase and building construction, construction equipment and mechanisms through order and produced by own account, for delivery and installation of tangible fixed assets, for machinery, equipment and means of transport, for geological and hydrological prospecting, for research and design related to construction and other expenditure, connected with acquiring tangible fixed assets. The current maintenances cost of existing tangible fixed assets are not included in the volume of expenditure on acquisition of tangible fixed assets. |
Statistical unit | Enterprise. |
Statistical population | The quarterly survey is exhaustive for all enterprises in public sector and sample - for major private companies, investors (above a certain threshold of expenditure on acquisition of tangible fixed assets), which formed over 75% of private sector investment. |
Reference area | National level: Data are representative at national level. |
Time coverage | Quarterly data from previous and reference year. |
Base period | Not applicable. |
Unit of measure | |
Thousand BGN | |
Reference period | |
Quarter | |
Institutional mandate | |
Legal acts and other agreements |
National Legal basis: The Law on Statistics(Article 20) states that all persons that manage or present legal persons, are obligated to provide the National Statistical Institute and the Bodies of Statistics with reliable data when filling-in forms and questionnaires on surveys included in the National Statistical Programme, for which mandatory participation is provided. The survey is included into the National Statistical Programme and it is compulsory for enterprises which are included in the sample of survey. The Law on Statistics includes provisions relating to fines, which can be imposed for refusal, non-response and delay. They are laid down in specific Chapter 9 “Administrative and liability provisions” in Article 52.
Methodology of indicators is consistent with: · Law of accountancy and National chart; · Regulation EC No 295/2008 of the European Parliament and of the Council of 11 March 2008 concerning structural business statistics. |
Data sharing | Not applicable. |
Confidentiality | |
Confidentiality - policy | · Law on Statistics - Saved of statistical confidentiality is in accordance with the privacy of individual data specified in the Statistics Act, which are in accordance with EU legislation. In Chapter VI "Data Confidentiality and secrecy" are regulated confidentiality of individual statistical data, use them only for statistical purposes and obligations of the statistical authorities to ensure protection and preventions of individual data. In Chapter IX "Administrative Penalty Provisions" shows provisions non-compliance with the requirements.; · Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society. |
Confidentiality - data treatment | Article 25 of the Law of Statistics defines the criteria by which can not be distributed or published statistical information. Statistical information which aggregates data about less than three statistical units or about a population in which the relative share of the value of a surveyed parameter of a single unit exceeds 85 percent of the value of such parameter for all units in the population. Confidential data, accordance with the Law of Statistics not publish. In order not to identify individual data using the method of suppression or aggregation of information disclosed. |
Release policy | |
Release calendar | The date for publication of statistical information is given in the Release Calendar presenting the results of the statistical surveys carried out by the National Statistical Institute, which is available on NSI website. The data of expenditure on acquisition of tangible fixed assets are published 50 -52 days after the reference quarter. |
Release calendar access | |
User access | The data are published on the NSI website, section Business statistics - Investments - Expenditure on acquisition of tangible fixed assets - Quarterly data in accordance with the Law on Statistics and the European Statistics Code of Practice respecting the professional independence and aimed at objectivity, transparency and equal treatment of all consumers. |
Frequency of dissemination | |
Quarter. | |
Accessibility and clarity | |
News release | Not applicable. |
Publications | · Statistical Reference book; · Broshure "Bulgaria". |
On-line database | The data are available to all users of the NSI website under the heading Business Statistics - Investments - Expenditure on acquisition of tangible fixed assets. The data for preceding years are available in the Information System for online requests for statistical information - INFOSTAT. |
Micro-data access | Not applicable. |
Other | Not applicable. |
Documentation on methodology | · Methodology "Expenditure on acquisition of tangible fixed assets" |
Quality documentation | Not applicable. |
Quality management | |
Quality assurance | The legal framework which regulates the production of data from Short-term business statistics states that statistical data compiled within the EU system must be of satisfactory quality and produced data are comparable between Member States. Verification of data is done through the process of conducting a statistical survey - from respondents, from experts in the regional statistical offices and from national experts in NSI. Identified inaccuracies and errors are removed timely and provide comparable data of good quality. |
Quality assessment | The quality of the short-term indicators is measured by each Member State in accordance with the general criteria. Calculation of the indicators is carried out in accordance with EU regulations. |
Relevance | |
User needs | State governing bodies, associations, businesses, media and other users. Internal users - Department "Macroeconomic statistics". |
User satisfaction | No information. |
Completeness | Provide statistical data of expenditure on acquisition of tangible fixed assets on the required level of detail - economic activity groupings (A10), NACE.BG 2008. |
Accuracy and reliability | |
Overall accuracy | The general population of enterprises reported expenditure on acquisition of tangible assets in the annual exhaustive observation is about 100 000, while in the quarterly sample includes about 5 000 companies and about 3 600 are private investors, which cover about 75 % of private sector investment, while the public sector is observed exhaustively. There is a maximum accuracy and reliability of the data about expenditure on acquisition of tangible fixed assets. Common errors are errors in the measurement data, the respondent misunderstanding what information is required or incomplete performance. |
Sampling error | Do not calculate sampling errors. Sample panels are based on expenditure for acquisition of tangible fixed assets above a certain threshold from latest annually exhaustive observation. |
Non-sampling error | Actions for non-responders include: informing and sending reminders, when no-responding company may follows a phone call and / or direct contact to collect the data. The responding rate is average approximately 90%. |
Timeliness and punctuality | |
Timeliness | Information about expenditure on acquisition of tangible fixed assets is published 50-52 days after the end of reference quarter. |
Punctuality | All data are submitted for publication within the deadlines specified in the calendar for publication of data. |
Coherence and comparability | |
Comparability - geographical | Data of expenditure on acquisition of tangible fixed assets are representative for the whole country. |
Comparability - over time | Quarterly data from previous and reference year. |
Coherence - cross domain | The data are compared with previous periods and annual data of expenditure on acquisition of tangible fixed assets. |
Coherence - internal | The data are compared with previous periods and annual data of expenditure on acquisition of tangible fixed assets. |
Cost and burden | |
The online information system for data collection, data editing and data processing "Business Cycles" reduces the time needed for collecting data from enterprises and ensures more efficient data processing. | |
Data revision | |
Data revision - policy | Not applicable. |
Data revision - practice | Not applicable. |
Statistical processing | |
Source data | The information of the expenditure on acquisition of tangible fixed assets is collected with quarterly Questionnaire about expenditure on acquisition of tangible fixed assets. Data source is accounting records of the enterprises. |
Frequency of data collection | Quarterly |
Data collection | For the convenience of respondents and getting better and timely information is created on-line information system "Busines Cycles" input data for expenditure on acquisition of tangible fixed assets. The system controls are set to ensure the accuracy of the information. Possibility remains that the respondent submits quarterly report and a paper in the relevant regional statistical office (RSO). Experts from RSOs phone calls to provide timely information or clarification of the data. |
Data validation | Validation data starts from the filling of reports by respondents. Control of the data can be accessed from the regional statistical offices and from the National Statistical Institute. An information system "Business Cycles" significantly contributes to the validation of the data submitted by set arithmetic and logical controls. Subsequent analysis of the experts, a phone call for additional clarification of data and elimination inconsistencies, minimize errors in the raw data and ensure accuracy of outputs at national level. |
Data compilation | Data for expenditure on acquisition of tangible fixed assets are made by enterprises on the paper and send to RSOs or online through an information system "Business Cycles". After validating the data by RSOs and after the deadline for entering, experts of central office of NSI made a final control, and aggregate output. |
Adjustment | No adjustment data. |
Comment |
Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2023 (preliminary data)
The foreign direct investments[1] (FDI) in the non-financial sector as of 31.12.2023 amounted to 32 566 million euro at current prices.
The largest volume of the foreign direct investments was in Industry sector - 13 527 million euro. Next by FDI volume was Service sector (Wholesale and retail trade; repair of motor vehicles and motorcycles; Transport, communication and services; Accommodation and food service activities) - 7 793 million euro.
In the sector Information and communicat...
Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2022 (preliminary data)
The foreign direct investments (FDI) in the non-financial sector as of 31.12.2022 amounted to 29 251 million euro at current prices.
In 2022, the largest volume of the foreign direct investments was made in Industry sector - 12 822 million euro. Next by FDI volume was Service sector (Wholesale and retail trade; repair of motor vehicles and motorcycles; Transport, communication and services; Accommodation and food service activities) - 6 837 million euro.
The investments made in Information and communication sector are 3.1 percentage points more compar...
Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2021 (preliminary data)
The foreign direct investments (FDI) in the non-financial sector as of 31.12.2021 amounted to 28 137 million euro at current prices (according to preliminary data).
In 2021 the largest volume of the foreign direct investments was made in Industry sector - 12 210 million euro. Next by FDI volume was Service sector (Wholesale and retail trade; repair of motor vehicles and motorcycles; Transport, communication and services; Accommodation and food service activities) - 6 278 million euro.
In 2021, in the structure of FDI by economic activity an increase w...
Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2020 (preliminary data)
According to preliminary data the foreign direct investments (FDI) in the non-financial sector as of 31.12.2020 amounted to 26 288 million euro at current prices.
According to preliminary data in 2020 the expenditure on acquisition of tangible fixed assets in all sectors of the economy amounted to 23 125 million BGN at current prices.
...Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2019 (preliminary data)
According to preliminary data the foreign direct investments in the non-financial sector as of 31.12.2019 amounted to 25 427 million Euro, which was 2.0% more compared to 2018.
...Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2018 (preliminary data)
According to preliminary data the foreign direct investments in the non-financial sector as of 31.12.2018 amounted to 25 454 million Euro at current prices.
According to preliminary data in 2018 the expenditure on acquisition of tangible fixed assets in all sectors of the economy amounted to 19 267 million BGN at current prices.
...Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2017 (preliminary data)
According to preliminary data the foreign direct investments in the non-financial sector as of 31.12.2017 amounted to 24 366 million Euro, which was 3.6% more compared to 2016.
...Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2016 (preliminary data)
According to preliminary data the foreign direct investments in the non-financial sector as of 31.12.2016 amounted to 23 491 million Euro, which is 1.4% more compared to 2015.
...Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2015 (preliminary data)
According to preliminary data the foreign direct investments in the non-financial sector as of 31.12.2015 amounted to 23 127 million Euro, which is 7.2% more compared to 2014.
...Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets in 2014 (preliminary data)
According to preliminary data the foreign direct investments in the non-financial sector as of 31.12.2014 amounted to 21 953 million Euro, which is 5.9% less compared to 2013.
...Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets, 2013
According to preliminary data the foreign direct investments in the non-financial sector as of 31.12.2013 amounted to 22 948 million Euro, which is 4.5% more compared to 2012.
...Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets, 2012
Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets, 2011
Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets, 2010
Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets, 2009
Foreign Direct Investments and Expenditure on Acquisition of Tangible Fixed Assets, 2008
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