According to preliminary data, Bulgaria’s seasonally-adjusted Q3 2024 GDP increased by 2.4% YoY (+0.6% QoQ) and amounted to BGN 53.8bn at current prices. GVA in the third quarter was BGN 46.8bn at current prices (+2.2% YoY; +0.6% QoQ). Quarterly final consumption (BGN 39.8bn; 74.0% of GDP) registered growth of 4.6% YoY (+1.3% QoQ), while gross fixed capital formation (BGN 9.4bn; 17.4% of GDP) marked 1.9% YoY decline (+1.2% QoQ). The trade balance was positive at BGN 3.5bn and accounted for 6.5% of GDP. Exports decreased 0.4% YoY (-1.5% QoQ) to BGN 30.8bn, while imports grew by 3.0% YoY (+0.1% QoQ) to BGN 27.3bn. The service, industry and agriculture sectors accounted for 61.4%, 22.4% and 3.2% of GVA, respectively. The top fastest growing economic subsector on an annual basis was “Public administration and defence; compulsory social security; education; human health and social work activities” (+6.2%), followed by “Construction” (+4.2%).