Macro - Country Economic Forecasts - Bulgaria
Description
We've raised our GDP growth forecast for Bulgaria to 3.3% for this year and next. The Bulgarian economy grew by 0.9% q/q in Q2, surpassing our expectation of 0.6% growth over the quarter. Economic growth was driven by both solid domestic demand and net exports. At the margin, timely indicators continue to point to near-term momentum in the domestic economy, with fiscal stimulus adding an extra boost to overall activity.
Table of Contents
7 Pages
- Bulgaria: Economic momentum surpasses expectations
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Long-term prospects
- Alternative long-run scenarios
- Background
- Economic development
- Structure of the economy
- Policy and politics
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