Macroeconomic Monitor
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What's the problem with the 2019 GDP data?

Today, the Bulgarian Socialist Party (BSP) accused the government of manipulating official statistical data on the country's current account, and hence - on the gross domestic product (GDP). The BSP's claim is that in practice one of the main components of GDP - net exports - was overstated in the 2019 data because ...

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The EU effect: opening up the economies of Central and Eastern Europe

trade in the EU

Author: Lachezar Bogdanov, Industry Watch The openness of an economy is most often measured by the relative importance of foreign trade relative to its size. Some analyses look at the total volume of trade in goods and services relative to gross domestic product, while others focus on the relative weight of exports of goods and …

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Macroeconomic Monitor: The average salary in Bulgaria exceeded 1,000 BGN.

average salary

Highlights: - In the first quarter of 2017, the average salary grows at a record pace for the last 7 years - The average wage is likely to continue to grow at a similarly fast pace for the rest of the year - Employment reaches one of its highest levels in the last 10 years - Exports grow at the highest rate since 2011 ...

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