期刊名称:The Bulgarian Economy in 2008 (annual report)
印刷版ISSN:0861-6345
出版年度:2005
卷号:OCT
页码:5-5
出版社:Agency for Economic Analysis and Forecasting
摘要:Growth in the Bulgarian economy gained further momentum in the second quarter
of 2005. Q2 GDP data indicate that the economy carried on performing rather
robustly, with growth picking further up in the last two quarters. The country¡¯s GDP
stepped up to 6.4%, hitting a seven-year record high.
The main reasons for this year¡¯s strong economic performance have to do with the
high growth rate of domestic consumption (9.4% up in second quarter on a year earlier).
Household consumption also increased by 5.3% (at constant prices), as did
investments by 16.8% (vs. 9.2% on a quarter earlier). The government sector reported
a relatively high contribution to the ever-growing Q2 domestic demand. The
share of public consumption in the stronger Q2 domestic demand ran at 1.3 percentage
points, going well above the quarter¡¯s usual of around 0.8 points. The latter, however,
may have been due to the increased government spending on the June parliamentary
elections. Furthermore, capital expenditures posted a year-on-year rise of
70.2%, but despite its boosted investment activity, the government has turned out a
net creditor in the economy. Steadying at their last year¡¯s Q2 level of 18% of GDP,
public savings made up by and large for the scarcities of private savings in the economy
(-4.4% of GDP) and curtailed the current account deficit.