Gross Domestic Product of Bulgaria – Dynamics and Structure

Abstract

The presented paper assesses the dynamics and production structure of Bulgaria’s gross domestic product (GDP) for the period from 2000 to 2022. Minor changes are noted both in the period surrounding the country’s accession to the EU and during the two global crises – financial and Covid-19. The changes reflect the process of convergence with the rest of the EU countries. The author has arrived at the conclusion that, although it has a number of shortcomings, the Gross Domestic Product metric provides the most comprehensive insight into the current state, developments and trends in the economy and is justified in being used as the main measure of economic activity.