BULGARIAN CHAMBER OF COMMERCE AND INDUSTRY

THE ECONOMY IN 1999

In 1999 the Gross Domestic Product (GDP) of the country has reached 22,776 mln. BGN in current prices. It has been increased with 2.4% as compared to the previous year.

The Gross Value Added (GVA), amounting to in 19,891 mln. BGN, in total covers 87.3% of the Gross Domestic Product.

The largest share in the Gross Value Added - 55.9%, are of the branches in the sphere of services, followed by the industrial sector - 26.8% and the agrarian sector with 17.3%.

The alterations of the Gross Value Added (at basic prices), are positive in the sphere of services, with an increase of 15.3%, followed by reduction in the industry with 3.3% and reduction in the agriculture with 14.9%.

Structural alterations in the economy are also remarked with the increase of the share of the private sector in the Gross Value Added - from 63.7% in 1998 to 65.3% in 1999.

The alterations of the private sector in the reprocessing industry are really considerable - with growth of 20.2%, services +14.8%, trade and repair +12%, transport +7.9%.

/Based on data of the National Institute of Statistics, processed in the Bulgarian Chamber of Commerce and Industry/

SRTUCTURE OF GROSS VALUE ADDED ON BRANCHES FOR 1999 (in %)
SRTUCTURE OF GROSS VALUE ADDED FOR THE PERIOD 1997 - 1999 ON BRABCHES (in %)
   
GROSS VALUE ADDED IN 1999 ON BRANCHES, CREATED IN THE PUBLIC AND PRIVATE SECTORS (mln. BGL)
GROSS VALUE ADDED IN SOME BRANCHES, CREATED IN THE PRIVATE SECTOR ON YEARS(mln. BGL)