Bulgaria Q2 GDP Growth Revised Higher

The Bulgarian economy expanded by 3.4% year-on-year in the second quarter of 2025, above preliminary estimates of 3.1% and compared with an upwardly revised 3.3% increase in the previous three-month period. The growth was supported by a stronger rise in final consumption (8.3% vs 7.6% in Q1) and gross fixed capital formation (10.1% vs 8.8%). Meanwhile, net external demand contributed negatively on the country's GDP, with exports falling further (-4.8% vs -3.3%), while imports grew at a slower pace (0.1% vs 4.6%). On a quarterly basis, the GDP rose by 0.9% in Q2 of 2025, higher than initial estimates of a 0.7% increase and following an upwardly revised 0.7% gain in the previous quarter.