Bulgaria’s economy maintained solid growth in the second quarter of 2025. GDP rose by 3.1% year-on-year, mirroring the gains seen in Q1, and increased 0.7% quarter-on-quarter. These figures underscore a consistent pattern of expansion.

Economic activity across industries also gained strength. Gross value added climbed 2.5% year-on-year, signaling widespread output growth across sectors. 

The growth was driven by several key components:

  • Final consumption, responsible for around 80% of Bulgaria’s GDP, rose by 0.9% quarter-on-quarter. With final consumption amounting to approximately 41,329 million leva (over €20 billion), consumer demand remained a dominant force in economic activity.
  • Exports of goods contributed growth of 0.6% compared to Q1. Meanwhile, gross capital formation (investment) accounted for 19.1% of GDP, totaling nearly 9,896.6 million leva (nearly €5 billion). 
  • The foreign trade balance stayed in surplus, further bolstering overall performance.

Seasonally adjusted data confirmed the economy’s momentum, with growth of 0.6% compared to Q4 2024.

Monetary Values & Living Standards

In Q1 2025, Bulgaria’s GDP stood at 45,617.3 million leva, translating to roughly 7,093 leva per person. Converted at the average quarterly rate (1.859196 leva per US dollar), the total GDP was approximately $24,536 million, or about $3,815 per capita. In euro terms, GDP reached around €23,324 million, with per capita income near €3,626.

These figures highlight modest but meaningful gains in overall economic output and per-person productivity.

In Summary

  • Bulgaria sustained stable economic growth in Q2 2025, with 3.1% year-on-year and 0.7% quarterly increases.
  • Growth was broadly supported by consumer spending, exports, and investment, alongside a healthy trade surplus.
  • Output gains were widespread across sectors, as reflected in gross value added figures.
  • Per capita GDP stands at approximately €3,600–€3,800, signaling gradual improvements in living standards.

This consistent growth pattern suggests that Bulgaria’s economy remains resilient and steadily on the upswing, setting a positive tone for the months ahead.

Sources

Bulgaria’s steady economic growth – with GDP rising by 3.1% in Q2 2025 – is a strong signal for entrepreneurs and investors alike. It highlights that consumer demand, exports, and investments are on solid ground, creating a stable and expanding market environment. For business founders, this means greater market potential, increasing purchasing power, and a supportive backdrop for launching new ventures. Combined with Bulgaria’s favorable conditions such as the 10% flat tax and relatively low operating costs, the country offers an attractive foundation for building and scaling a successful business.