Balgarianovinite.com Bulgaria’s GDP grew by 3.1% year-on-year in Q1, the fourth-highest rate among EU countries with available data, final seasonally adjusted Eurostat figures showed on Friday.
Bulgaria’s economy grew 2.9% year-on-year in the fourth quarter of 2025, slowing from 3.1% in the third quarter.
Earlier on Friday, the National Statistical Institute released estimates for Bulgaria’s economy in line with Eurostat data.
The strongest year-on-year growth was recorded in Denmark, at 5.9%, followed by Malta at 4.3% and Poland at 3.5%. Bulgaria and Slovenia followed, both at 3.1%. Year-on-year declines were reported only in Ireland, at 16.8%, and Romania, at 1.1%.
On a quarterly basis, Bulgaria’s GDP grew 0.7% in the first quarter of 2026 from October to December 2025, placing the country sixth among EU member states, alongside Slovenia. Denmark led with 1.9%, followed by Estonia and Malta at 1.1% each, Finland at 0.9% and Hungary at 0.8%.
In the fourth quarter of 2025, Bulgaria’s GDP rose 0.8% from the previous three months.
The euro area economy contracted in the first quarter of 2026 after a sharp downturn in Ireland prompted a substantial revision to preliminary growth figures. Eurostat data showed euro area GDP fell 0.2% in January to March from the previous quarter. The earlier estimate had pointed to growth of 0.1%.
The revision was driven mainly by Ireland, where GDP slumped 12.1% in the first quarter instead of the initially reported 2%. Data from Ireland’s Central Statistics Office showed the decline was largely due to a sharp contraction in the multinational sector, particularly pharmaceuticals. The large presence of multinationals in Ireland often skews euro area statistics, but the scale of the latest drop has further complicated assessments of the region’s underlying economic health, Bloomberg reported.
Earlier this week, the Organisation for Economic Co-operation and Development cut its 2026 euro area growth forecast to 0.8% and warned that recent indicators point to deteriorating economic sentiment.
In recent days, beyond the Irish data, figures for other major euro area economies have also been revised. France’s GDP was revised down, while Italy’s came in stronger than preliminary estimates. Bulgaria Has Fourth-Highest Q1 GDP Growth in EU 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-06-05 11:02:34 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law