Gross Domestic Product for the Fourth Quarter of 2020 (Flash Estimates)
According to the seasonally adjusted data, the GDP has a negative growth of 3.8% in the fourth quarter of 2020 compared to the same quarter of the previous year.
According to the seasonally adjusted data, the GDP has a negative growth of 3.8% in the fourth quarter of 2020 compared to the same quarter of the previous year.
The producer price index in agriculture in the fourth quarter of 2020 increased by 15.8% in comparison with the same quarter of 2019. The crop output index increased by 19.9%, while the animal output index decreased by 5.3%. In comparison with previous year, the prices of agricultural output went up by 17.5% as result of the increase in crop output price index was by 20.9% and the animal output price index decreased by 0.4%.
The index of prices of goods and services currently consumed in agriculture in the fourth quarter of 2020 was by 4.5% lower compared to the same quarter of previous year and by 3.8% compared to 2019.
In the fourth quarter of 2020 the unemployment rate was 5.2%, and the employment rate of population aged 20 - 64 was 73.8%.
According to the preliminary data of the NSI, the consumer price index in January 2021 compared to December 2020 was 100.2%, i.e. the monthly inflation was 0.2%.
According to the preliminary data of the National Statistical Institute at the end of December 2020 the number of employees under labour contract decreased by 0.9% as compared to the end of September 2020 and reached 2.23 million.
In the fourth quarter of 2020 in comparison with the third quarter of 2020 the average monthly wages and salaries increased by 4.7% getting 1 437 BGN.
In the period January - November 2020 the exports of goods from Bulgaria to the EU decreased by 5.4% in comparison to the same period of 2019 and amounted to 33 059.7 Million BGN while the imports of goods to Bulgaria from the EU dropped by 10.1% and reached 33 360.6 Million BGN.
In November 2020 the exports of goods to the EU decreased by 3.2% compared to the corresponding month of the previous year and amounted to 3 297.6 Million BGN while the imports of goods dropped by 2.6% and added up to 3 537.4 Million BGN.
In 2020 the exports of goods from Bulgaria to third countries decreased by 11.3% compared to 2019 and amounted to 18 686.2 Million BGN while the imports of goods from third countries dropped by 10.2% and added up to 23 118.5 Million BGN.
In 2020 the total value of all exported goods to third countries and EU amounted to 54 450.2 Million BGN, which is 6.9% less than the previous year, while the total value of all imported goods from third countries and EU added up to 59 652.4 Million BGN and dropped by 9.6%.
In December 2020, during the continuing epidemic situation, 1 538 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more than 10 bed-places were functioned in the country. The total number of the rooms in them was 45.6 thousand and the bed-places were 92.0 thousand. In comparison with December 2019, the total number of accommodation establishments (functioned during the period) decreased by 24.0%, and the bed-places in them - by 23.1%.
The total number of the nights spent in all accommodation establishments registered in December 2020 was 271.1 thousand, or by 70.1% less in comparison with the same month of the previous year.
The total revenues from nights spent in December 2020 reached 15.0 million BGN or by 71.3% less compared to December 2019.
According to the preliminary data, in December 2020 the index of production in section ‘Construction’ calculated on the base of seasonally adjusted data was 1.4% below the level of the previous month. In December 2020 the working day adjusted index of production in construction decreased by 7.1% in comparison with the same month of 2019.
According to the preliminary seasonally adjusted data in December 2020 the turnover in ‘Retail trade, except of motor vehicles and motorcycles’ at constant prices decreased by 1.7% compared to the previous month. The working day adjusted turnover fell by 12.0% as compared to the same month of the previous year.