Commodity market report
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2 Pages

Bulgaria economic outlook Q2 2014


Bulgaria economic outlook Q2 2014

Report summary

In the run up to European Union (EU) accession on 1 January 2007, the Bulgarian economy enjoyed an extended period of strong growth - GDP averaged 5.7% per annum over 2000-2006. However, the impact of the Great Recession led to a 5.5% year-on-year decline in GDP in 2009 and the economy has yet to fully recover to pre-crisis levels. Growth is expected to accelerate in the short-term to 2% in 2014 from a disappointing 0.8% in 2013.

What's included?

This report includes 1 file(s)

  • Bulgaria economic outlook Q2 2014 PDF - 256.89 KB 2 Pages, 1 Tables, 0 Figures

Description

This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Economic outlook

In this report there is 1 table or chart, including:

  • Executive summary
    • Executive summary: Table 1
  • Economic outlook
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