What drives growth

What does growth look like right now?

The growth rates of the components do not add up to GDP growth. They show which parts of demand are expanding and which are weakening.

Source: Eurostat: namq_10_gdp

How are the contributions of the components changing over time?

The contributions shown are those published by Eurostat. "Statistical discrepancy" is the difference between their sum and the published growth, and is separate from inventories.

Source: Eurostat: namq_10_gdp

What contributed to growth in the latest quarter?

The contributions shown are those published by Eurostat. Changes in inventories are an official expenditure component of GDP; "Statistical discrepancy" is separate from it and is the difference between the sum of the contributions and the published growth.

Source: Eurostat: namq_10_gdp

Which industry contributes most?

A contribution is not the size of the industry: a small, fast-growing industry can top the ranking. The contributions are an approximation from chain-linked volumes, so the gap to total growth is shown separately.

Source: Eurostat: namq_10_a10

How is the role of each industry changing?

Sources: Eurostat: namq_10_a10, nama_10_a10, nama_10_a10_e

How do domestic demand and net exports contribute to annual growth?

Final domestic demand is household consumption, government consumption and gross fixed capital formation. Changes in inventories and the statistical discrepancy are shown separately; the four parts add up to GDP growth.

Source: Eurostat: namq_10_gdp

What makes up the current account?

The monthly balance of payments data are summed into quarters and compared with nominal GDP for the same four quarters.

Sources: Eurostat: namq_10_gdp, bop_c6_m

What do we sell?

The groups follow the BNB's trade statistics and make up 100% of exports. Shares are over the last 12 months, so that seasonality is not read as a change in structure.

Source: BNB: Foreign trade (FTRD)

Who do we sell to?

Source: BNB: Foreign trade (FTRD)

How has the structure of services exports changed?

"Travel" covers personal and business travel, including spending on education and health care abroad. International passenger transport is recorded under "Transport". "Remaining services" is the residual to total services exports and is not the official "Other business services" category.

Source: Eurostat: bop_c6_q

How much foreign direct investment is flowing into Bulgaria?

From the balance of payments (BPM6): transactions, net incurrence of liabilities to direct investors. Reinvested earnings are the undistributed profits of foreign-owned enterprises, recorded as new investment. The three instruments add up to the total.

Source: BNB: Foreign direct investment

How has the economy changed since 2000?

The share is at current prices: chain-linked volumes do not add up. Productivity is real value added per person employed, within the industry.

Sources: Eurostat: nama_10_a10, nama_10_a10_e