According to the updated annual data, GDP per person employed increased in real terms by 4.3% in 2022 compared to 2021.
In the third quarter of 2023, the newly registered legal entities in the country are 9 829, and those declared bankrupt - 829. Compared to the same quarter of 2022, the total number of newly registered decreased by 6.5%, and that of bankrupts - by 25.8%.
The distribution by economic sectors shows that the relative share of newly registered legal entities is the largest in sector G ‘Trade; car and motorcycle repair’ – 88.1% of all newly registered units in the second quarter of 2023. Among the companies declaring bankrupt, the largest share is in sector G ‘Trade; repair of cars and motorcycles’, which is 77.1% of the total number of bankrupted legal entities.
In September 2023, the monthly inflation rate, measured by the Consumer Price Index (CPI), was -0.1% compared to the previous month, and the annual inflation rate in September 2023 compared to September 2022 was 6.3%.
In September 2023, compared to the previous month, a decrease was registered for Recreation and culture (-10.1%) and Restaurants and hotels (-1.9%). The highest increase was recorded in the prices for Education (+4.0), Transport (+2.7%), Clothing and footwear (+0.6%), Health (+0.6%) and Food and non-alcoholic beverages (+0.5%).
In September 2023, the monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), was -0.3% compared to the previous month, and the annual inflation rate in September 2023 compared to September 2022 was 6.4%.
The exports of goods from Bulgaria to third countries decreased by 9.5% compared to the period January - August 2022 and amounted to 19 316.6 million BGN, while the imports of goods from third countries dropped by 18.9% and added up to 25 387.9 million BGN.
Тhe most notable growth in the exports of goods to third countries compared to the period January - August 2022 was recorded in the sections ‘Machinery and transport equipment’ (15.6%) and ‘Beverages and tobacco’ (12.3%). The most notable fall was reported in the section ‘Mineral fuel, lubricants and related materials’ (38.5%). The largest growth in the imports of goods from third countries was recorded in the sections ‘Food and live animals’ (17.5%) and ‘Beverages and tobacco’ (16.9%). The most notable fall was reported in the section ‘Animal and vegetable oils, fats and waxes’ (38.1%). The data are by the Standard International Trade Classification.
The total value of all exported goods to third countries and the EU amounted to 56 841.6 million BGN in the period January - August 2023, which is 7.6% less than the same period of the previous year, while the total value of all imported goods from third countries and the EU added up to 63 877.1 million BGN and dropped by 8.8%.
In the period January - July 2023, the exports of goods from Bulgaria to the EU decreased by 6.0% compared to the same period of 2022 and amounted to 33 154.1 million BGN, while the imports of goods from the EU remains unchanged and is worth to 34 008.6 million BGN.
In July 2023, the exports to the EU decreased by 9.1% compared to the corresponding month of the previous year and amounted to 4787.1 million BGN, while the imports fell by 5.5% and added up to 4 727.4 million BGN.
The most notable growth in the exports of goods to the EU in the period January - July 2023 compared to the same period of 2022 was recorded in the section ‘Miscellaneous manufactured articles’ (17.1%). The most notable fall was reported in the section ‘Animal and vegetable oils, fats and waxes’ (71.6%). The largest growth in the imports of goods from the EU was recorded in the section ‘Machinery and transport equipment’ (18.1%), while the most notable fall was reported in the section ‘Mineral fuel, lubricants and related materials’ (67.1%). Data are by the Standard International Trade Classification.
The value of the final output produced in agriculture for 2022 amounted to 12 901.9 million BGN (at current prices), which was 19.2% more than the previous year. The increase was due to the price growth - by 29.8%, while in volumes of production, a decrease was observed - by 8.2%.
The value of the goods and services currently consumed in agriculture amounted to 6 988.7 million BGN, which was 24.5% higher than the previous year. The increase was due to the rise in prices - by 32.6%, while volumes registered a decrease - by 6.1%.
The gross value added produced in agriculture was equal to 5 913.2 million BGN (at basic prices). It was 13.5% more than the previous year. The increase was due to the significant growht in prices - by 26.7%, while there is a decrease in volumes by 10.4% on an annual basis.
The net operating surplus/mixed income in agriculture amounted to 5 743.4 million BGN and was 16.0% higher compared to the previous year. The increase was a result of the growth of gross value added produced in agriculture compared to the previous year.
The net entrepreneurial income in agriculture amounted to 3 194.2 million BGN and decreased by 2.5% compared to the previous year.
Gross fixed capital formation in agriculture was equal to 1 164 million BGN and compared to the previous year increased by 21.2%. The bigger part of it - 1 078.6 million BGN (92.6%), represented gross fixed capital formation in non-agricultural products (agricultural machinery, equipment and vehicles, and in buildings).
The Industrial Production Index increased by 1.3% in August 2023 compared to the previous month. The data are preliminary and seasonally adjusted.
A growth was seen in the mining and quarrying industry - by 5.5%, in the electricity, gas, steam and air conditioning supply - by 1.6%, and in the manufacturing - by 1.5%.
In August 2023, a decrease of 9.7% was registered in the calendar-adjusted Industrial Production Index in comparison with the same month in 2022.
Compared to August 2022, a drop was observed in the electricity, gas, steam and air conditioning supply - by 40.5%, in the mining and quarrying industry - by 12.1%, and in the manufacturing - by 1.9%.
In August 2023, the turnover in ‘Retail trade, except motor vehicles and motorcycles’ at constant prices kept the level of the previous month. The data are preliminary and seasonally adjusted.
A drop was registered in ‘Retail sale of non-food products (except fuel)’ - by 0.5% and in ‘Retail sale of automotive fuel in specialised stores’ - by 0.2%, while in ‘Retail sale of food, beverages and tobacco’ was observed an increase - by 1.8%.
The calendar-adjusted turnover was unchanged compared to the same month in 2022.
An increase was noted in ‘Retail sale of food, beverages and tobacco’ (5.6%). A decrease was registered in ‘Retail sale of non-food products (except fuel)’ (2.8%) and in ‘Retail sale of automotive fuel in specialised stores’ (1.8%).
In August 2023, the index of production in the ‘Construction’ section increased by 0.3% compared to the previous month. The production of building construction rose by 0.5% and the production of civil engineering remained unchanged. The data are preliminary and seasonally adjusted.
The calendar-adjusted data showed a decrease of 0.5% in construction production compared to the same month of 2022. A decrease was registered in civil engineering - by 3.6%, while in building construction, an increase of 1.9% was seen.
In August 2023, 3 703 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with 10 or more bed-places, functioned in the country with 148.3 thousand rooms and 338.1 thousand bed-places in them. In comparison with August 2022, the accommodation establishments increased by 2.2% and the bed-places in them - by 1.9%.
The total number of nights spent was 6 329.6 thousand, or by 2.9% more in comparison with the same month of the previous year, and the number of arrivals increased by 3.9% and reached 1 540.5 thousand.
The total revenues from nights spent reached 522.6 million BGN, or by 15.8% more compared to a year before.
