According to the seasonally adjusted data, the GDP growth rate in the first quarter of 2011 is 0.4%, compared with the fourth quarter of 2010 and 2.5%, compared with the same quarter of the previous year.
Quarterly seasonally adjusted data
National Statistical Institute
|Contact organisation unit|
"Non-Financial National Accounts"
|Contact person function|
Head of department
|Contact mail address|
2 P. Volov Str., Sofia 1038
|Contact email address|
|Contact phone number|
+359 2 9857 623
|Contact fax number|
|Metadata last certified||01 January 1970|
|Metadata last posted||01 January 1970|
|Metadata last update||01 October 2014|
Seasonally adjusted data are data that are removed periodically recurring within a one period component of the time series - seasonal and calendar variations. Seasonally adjusted data show highlights the behavior of the studied fluctuations (changes in the direction of development and changes related to the business cycle).
Classification of Economic Activities (CEA-2008, for international use NACE.BG-2008)
Total of economy.
|Statistical concepts and definitions|
Fluctuations caused by abnormal levels of seasonal factors (e.g., extreme weather conditions or unusual circumstances) are visible in the seasonally adjusted data because they exceed or fall below the average seasonal values. Deviations of an occasional nature and unusual changes for which there is an economic explanation (e.g., effects of changes in economic policy, large procurement, natural disasters, etc.) are not eliminated in the season adjustment, i.e. they are part of the seasonally adjusted data.
Seasonal adjustment also includes the elimination of calendar effects, as far as they result from the difference in the number of weekdays and weekends, and can be quantified.
Seasonally adjusted data are data that are removed periodically repeated within period components of the series - seasonal and calendar variations. So seasonally adjusted data highlights the behavior of the studied variables (changes in the direction of development and changes related to the business cycle).
The seasonally adjusted lines contain random component (noise) having different levels in different series and the amount depends on the economic nature of the study, and applying the method of seasonal adjustment .
Seasonal adjustment of statistical indicators in the NIS is organized according to the "Guide of the European statistical system for seasonal adjustment". The procedure is performed using the software developed by Eurostat product Demeter, where by the algorithm TRAMO / SEATS.
The procedure for obtaining seasonally adjusted data includes correction of the series in terms of calendar effects and abnormal values. Calendar effects are expressed as :
Adjustments for differences in the number of working days are made to obtain seasonally adjusted data, which are independent of the number and structure of days (number of Mondays, Tuesdays etc. / number of weekdays and weekends) in the quarter.
Abnormal values (outliers) are unusual changes in time series of a given indicator. Their manifestation can be in several ways, the most significant are the peak values (abnormal values of individual observations in the order), short-term changes (series of abnormal values to change the level of the indicator for a short period of time), changes in the level (a series of abnormal values ??with constant size and time- effect on the level of the indicator).
Institutional unit under ESA2010 - enterprise, household, public institution.
economic territory of the country
2000 - Third Quarter 2014* * Preliminary data
|Unit of measure|
|Legal acts and other agreements|
REGULATION (EU) No 549/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
Eurostat program to provide data on national accounts, the IMF, the UN.
|Confidentiality - policy|
· Law on Statistics;
· Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with du account for technical developments and the requirements of users in a democratic society.
|Confidentiality - data treatment|
Statistical information is published 42-43 days after the relevant period and 70 days after the expiry of the relevant period.
|Release calendar access|
The calendar is available on the NSI website: http://www.nsi.bg/en/node/480
Data is published on the NSI website, section Macroeconomic statistics - Gross Domestic Product in accordance with the Law on Statistics and the European Statistics Code of Practice respecting the professional independence and aimed at objectivity, transparency and equal treatment of all consumers.
|Frequency of dissemination|
|Accessibility and clarity|
Data are available to all users of the NSI website under the heading Macroeconomic statistics - Gross Domestic Product - Quarterly seasonally adjusted data: http://www.nsi.bg/en/node/12590
|Documentation on methodology|
Guide to the European Statistical System for seasonal adjustment, European System of Accounts (2010) (Eurostat).
· European Statistics Code of Practice;
· Common framework for quality management in the National Statistical System.
Questionnaire on the implementation of the principles of the European Statistics Code of Practice.
|Accuracy and reliability|
|Timeliness and punctuality|
|Coherence and comparability|
|Comparability - geographical|
|Comparability - over time|
|Coherence - cross domain|
Additional information on other indicators in national accounts are available in other subject areas related to national accounts.
|Coherence - internal|
|Cost and burden|
|Data revision - policy|
About the methods and revisions of seasonally adjusted data, seasonal adjustment of statistical indicators in the NIS is conducted in a harmonized European methodology described in the "Guide of the European statistical system for seasonal adjustment." The procedure is performed using the software developed by Eurostat product Demetra, whereby applied the algorithm TRAMO / SEATS.
|Data revision - practice|
Of seasonal adjustment are subjected data on GDP components in the manufacturing process and cost components for final use. Applies direct method of seasonal adjustment, in which the aggregates and their components undergo self - smoothing. As a result, there is a non - additivity of the seasonally adjusted data - the aggregates are not equal to the sum of their components. The parameters of the model for seasonal adjustment determined at the start of each calendar year / first quarter of the year / and in case of the used classification of economic activities. This targeted model is used to revise the seasonally adjusted values for the quarters within the dynamic lines.
Information sources are not adjusted quarterly data for these indicators.
|Frequency of data collection|
Apply seasonal adjustment of the data using software Demeter.
- GDP by Production approach, basic data – Total of economy
- GDP by Production approach, detailed data – Total of economy
- GDP by Final Expenditure, basic data – Total of economy
- GDP by Final Expenditure, detailed data – Total of economy
Friday, 13 May 2011 - 11:00
Friday, 11 March 2011 - 11:00
In the fourth quarter of 2010 GDP at current prices amounts to 19 962 million levs. In Euro terms GDP reaches to 10 206.5 million euro or 1 359.4 euro per person. According to the seasonally adjusted data, the GDP growth rate in the fourth quarter of 2010 is 2.1% compared with the third quarter of the year and 2.8% compared with the same quarter of the previous year.
In 2010, GDP amounted to 70 474.3 million levs at current prices. GDP in Euro amounted to 36 033 million or 4 786.8 euro per person.
Tuesday, 15 February 2011 - 11:00
According to the seasonally adjusted data, the GDP growth rate in the fourth quarter of 2010 is 1.7%, compared with the fourth quarter of the year and 2.1%, compared with the same quarter of the previous year.
Thursday, 9 December 2010 - 12:20
In the third quarter of 2010 GDP at current prices amounts to 19 403 million levs. In Euro terms GDP reaches to 9 920.6 million euro or 1 319.8 euro per person. According to the seasonally adjusted data, the GDP growth rate in the third quarter of 2010 is 0.7% compared with the second quarter of the year and 0.5% compared with the same quarter of the previous year.
Friday, 12 November 2010 - 11:00
According to the seasonally adjusted data, the GDP growth rate in the third quarter of 2010 is 0.3%, compared with the second quarter of the year and 0.2%, compared with the same quarter of the previous year.
Friday, 13 August 2010 - 11:00
The flash GDP estimates for the second quarter of 2010 decreased by 1.5% compared with the same period of the previous year.