In the third quarter of 2025, the Gross Domestic Product (GDP) increased by 3.2% compared to the third quarter of the previous year and by 0.7% compared to the second quarter of 2025, according to the seasonally adjusted data.
Growth rates on an annual basis
In the third quarter of 2025, according to seasonally adjusted data, GDP increased by 3.2% compared to the third quarter of the previous year. The Gross Value Added (GVA) increased by 3.3%.
Final consumption registered an increase of 9.5%, and gross fixed capital formation registered an increase of 9.2% in the third quarter of 2025 compared to the same quarter of the previous year at seasonally adjusted data. Exports of goods and services decreased by 9.2%, while imports of goods and services increased by 2.2%.
Quarter on quarter growth rates
According to the seasonally adjusted data, GDP had a growth rate of 0.7% in the third quarter of 2025 compared to the previous quarter (Annex, Table 1). The increase of GVA in the third quarter of 2025 was 0.9%.
According to the flash estimate of GDP by final expenditure approach, a reason for the positive GDP growth at seasonally adjusted data in the third quarter of 2025, compared to the previous quarter, was the increase in final consumption by 2.2% and gross fixed capital formation by 2.1%.
GDP in monetary terms, current prices
According to the flash GDP estimates for the third quarter of 2025, GDP at current prices was 62 016.5 million BGN (Annex, Table 2). The Gross Value Added in the third quarter of 2025 amounted to 54 608.0 million BGN.
In the structure of GDP by expenditure approach, the largest share of 76.7% was for the final consumption, which in nominal terms is 47 558.5 million BGN. In the third quarter of 2025, the gross capital formation was 13 770.2 million BGN and had a share of 22.2% in GDP. The external balance (exports minus imports) was positive.
