Gross Domestic Product … Standard Local Currency annual growth rate in Bulgaria
Bulgaria: Gross Domestic Product … Standard Local Currency annual growth rate was 2.81 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Bulgaria, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Bulgaria is 2.81 % change on previous year, measured in 2024.
Compared with earlier readings it is up 49.0% on the previous year and up 196.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Bulgaria peaked at 10.94 % change on previous year in 1988 and was at its lowest, -14.12 % change on previous year, in 1997.
That places Bulgaria 121st out of 223 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product … Standard Local Currency annual growth rate in Bulgaria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.9 % change on previous year | — |
| 1972 | 7.66 % change on previous year | +11.1% |
| 1973 | 8.16 % change on previous year | +6.6% |
| 1974 | 7.55 % change on previous year | -7.5% |
| 1975 | 8.82 % change on previous year | +16.9% |
| 1976 | 6.51 % change on previous year | -26.2% |
| 1977 | 6.28 % change on previous year | -3.5% |
| 1978 | 5.59 % change on previous year | -10.9% |
| 1979 | 6.63 % change on previous year | +18.6% |
| 1980 | 5.71 % change on previous year | -13.9% |
| 1981 | 4.9 % change on previous year | -14.2% |
| 1982 | 2.33 % change on previous year | -52.4% |
| 1983 | 3.43 % change on previous year | +46.9% |
| 1984 | 3.4 % change on previous year | -1.0% |
| 1985 | 2.68 % change on previous year | -21.0% |
| 1986 | 4.21 % change on previous year | +56.8% |
| 1987 | 6.05 % change on previous year | +43.9% |
| 1988 | 10.94 % change on previous year | +80.8% |
| 1989 | -3.29 % change on previous year | -130.1% |
| 1990 | -9.12 % change on previous year | +177.1% |
| 1991 | -8.45 % change on previous year | -7.4% |
| 1992 | -7.25 % change on previous year | -14.1% |
| 1993 | -1.48 % change on previous year | -79.6% |
| 1994 | 1.82 % change on previous year | -222.8% |
| 1995 | 2.87 % change on previous year | +57.7% |
| 1996 | 5.21 % change on previous year | +81.5% |
| 1997 | -14.12 % change on previous year | -371.2% |
| 1998 | 3.79 % change on previous year | -126.8% |
| 1999 | -8.4 % change on previous year | -321.6% |
| 2000 | 4.59 % change on previous year | -154.6% |
| 2001 | 3.82 % change on previous year | -16.6% |
| 2002 | 5.87 % change on previous year | +53.6% |
| 2003 | 5.24 % change on previous year | -10.8% |
| 2004 | 6.51 % change on previous year | +24.3% |
| 2005 | 7.06 % change on previous year | +8.4% |
| 2006 | 6.8 % change on previous year | -3.6% |
| 2007 | 6.65 % change on previous year | -2.2% |
| 2008 | 6.13 % change on previous year | -7.9% |
| 2009 | -3.35 % change on previous year | -154.6% |
| 2010 | 1.56 % change on previous year | -146.5% |
| 2011 | 2.09 % change on previous year | +34.4% |
| 2012 | 0.7488 % change on previous year | -64.2% |
| 2013 | -0.5428 % change on previous year | -172.5% |
| 2014 | 0.9494 % change on previous year | -274.9% |
| 2015 | 3.4 % change on previous year | +257.9% |
| 2016 | 3.03 % change on previous year | -10.9% |
| 2017 | 2.75 % change on previous year | -9.3% |
| 2018 | 2.55 % change on previous year | -7.2% |
| 2019 | 3.79 % change on previous year | +48.6% |
| 2020 | -3.22 % change on previous year | -184.9% |
| 2021 | 7.78 % change on previous year | -341.9% |
| 2022 | 4.04 % change on previous year | -48.1% |
| 2023 | 1.89 % change on previous year | -53.3% |
| 2024 | 2.81 % change on previous year | +49.0% |
Bulgaria compared with similar countries
- Bulgaria's 2.81 % change on previous year is above the median for high income countries, which is 2.64 % change on previous year, 1.1× the median. (73 countries reporting)
- Bulgaria's 2.81 % change on previous year is above the median for Europe & Central Asia, which is 2.57 % change on previous year, 1.1× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.12 % change on previous year | 5.59 % change on previous year | 8.82 % change on previous year | 9 |
| 1980s | 4.04 % change on previous year | -3.29 % change on previous year | 10.94 % change on previous year | 10 |
| 1990s | -3.51 % change on previous year | -14.12 % change on previous year | 5.21 % change on previous year | 10 |
| 2000s | 4.93 % change on previous year | -3.35 % change on previous year | 7.06 % change on previous year | 10 |
| 2010s | 2.03 % change on previous year | -0.5428 % change on previous year | 3.79 % change on previous year | 10 |
| 2020s | 2.66 % change on previous year | -3.22 % change on previous year | 7.78 % change on previous year | 5 |
Countries ranked near Bulgaria
- 118 Ukraine 2.91 % change on previous year compare
- 119 Panama 2.86 % change on previous year compare
- 120 Suriname 2.84 % change on previous year compare
- 122 New Caledonia 2.8 % change on previous year compare
- 123 Liechtenstein 2.8 % change on previous year compare
- 124 United States 2.8 % change on previous year compare
More economy & growth data for Bulgaria
- Real gdp growth, annual growth rate -8.59 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.58 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.2 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0156 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 316.82 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1831 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0114 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 231.34 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Bulgaria?
- Gross domestic product — value standard local currency, 2015 prices in Bulgaria was 2.81 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Bulgaria?
- The highest recorded value was 10.94 % change on previous year in 1988.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Bulgaria?
- The lowest recorded value was -14.12 % change on previous year in 1997.
- How does Bulgaria rank for gross domestic product — value standard local currency, 2015 prices?
- Bulgaria ranks 121st out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Bulgaria?
- Over the last ten years it is up 196.1%. The long-run trend across the full record is volatile.
- Where does this Bulgaria data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.