In September 2019, the total business climate indicator preserves its level from the previous month. An improvement of the indicator is observed in construction, retail trade and service sector, as only in industry a reduction is reported.
Investment activity in industry
National Statistical Institute
|Contact organisation unit|
Statistics on Tourism and Business surveys Department
|Contact person function|
Head of department
|Contact mail address|
2, P. Volov Str., 1038 Sofia, Bulgaria
|Contact email address|
|Contact phone number|
+359 2 9857 529
|Contact fax number|
|Metadata last certified||19 September 2017|
|Metadata last posted||19 September 2017|
|Metadata last update||19 September 2017|
The survey gathers information about the carried out investment and investment plans of the enterprises. The inquiry is conducted twice a year - in March and in October, and the questionnaires have different content. The March survey gathers information about the investment during the current year and previous two years, while the October survey - about the investment in the previous, present and next year, and the influence of definite factors on the investment over the present and next year.
Classification of Economic Activities (CEA-2008, for international use NACE.BG-2008)
The survey covers enterprises in the industrial sector.
|Statistical concepts and definitions|
Based on data received from March survey is calculated the expected percentage change of the investment carried out during the current year in comparison with the investment from the previous year. Based on results from October survey is calculated the percentage change of the investment carried out during the current year compared to the previous year, and also the expected investment for the next year compared to the current year.
About 3800 enterprises are surveyed
At national level: total for the territory of Republic of Bulgaria.
At European level: General for Economic and Financial affairs Directorate publishes for the EU member states, Euro area and EU candidate countries.
The time series of data are published from 2003 (at Information System INFOSTAT of the National Statistical Institute).
|Unit of measure|
|Legal acts and other agreements|
Joint harmonised EU programme of business and consumer surveys.
Manual to the Joint harmonised EU programme of business and consumer surveys.
Special European Economy Report, December 2006.
The indicators are provided to EC, DG "Economic and Financial affairs", according to concluded agreement.
|Confidentiality - policy|
|Confidentiality - data treatment|
Individual data are not published in accordance with article 25 of the Law on Statistics. The publishing of individual data can be performed only in accordance with article 26 of the same law.
The date of publication of statistical information is indicated in the Release Calendar presenting the results of the statistical surveys carried out by the National Statistical Institute. The data are announced in the first two weeks after the reference period.
|Release calendar access|
The calendar is available on the NSI website: http://www.nsi.bg/en/node/480
Business surveys data are published on the NSI website, section Business statistics - Business Surveys in accordance with the Law on Statistics (Chapter 5) 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|
NSI publishes regular press releases "Investment activity in industry" in the first two weeks after the reference period.
Analytical publication "Bulgaria 2011 - statistical panorama"
Data on Investment activity in industry are available to all users of the NSI website under the heading Business statistics - Business Surveys - Investment activity in industry: http://www.nsi.bg/en/node/4379
|Documentation on methodology|
· Manual to the Joint harmonised EU programme of business and consumer surveys: https://ec.europa.eu/info/sites/info/files/bcs_user_guide_en_0.pdf;
· Special European Economy Report, December 2006: http://ec.europa.eu/economy_finance/publications/publication7568_en.pdf
The applied statistical practice of providing data is according to the harmonized European Union programme for business surveys.
The quality of the time series is monitored and controlled on an annual basis.
Main users of the data are Government institutions, research institutions and other users from the country, the European Commission, and other international organizations.
The users' satisfaction survey is not carried out.
According to the harmonized European Union programme.
|Accuracy and reliability|
In sample surveys may be mistakes in the registration of answers, processing, and others.
|Timeliness and punctuality|
The NSI presents information about business surveys in the first two weeks after the reference period.
The data are disseminated according to the planned schedule.
|Coherence and comparability|
|Comparability - geographical|
The data received at national level are comparable between different countries carrying out business surveys according to Joint harmonised EU programme.
|Comparability - over time|
The time series data are comparable.
|Coherence - cross domain|
|Coherence - internal|
|Cost and burden|
In order alleviate the business in submitting statistical data, reducing the respondents" burden and improve the quality of data in statistical surveys since October 2012 "Business survey of investment activity in industry" are conducted through web-based questionnaires.
|Data revision - policy|
|Data revision - practice|
Main data source are questionnaires.
|Frequency of data collection|
Methods of data collection:
· Through the web application and in order to reduce the degree of non-response is provided sending informational and reminder letters;
· Printed form is sent to the respondents by email or postal mail, and then they collect from RSOs that shall introduce the information in the application.
In introducing and recording data obligatory control is performed according to set validation rules. If the information given in a questionnaire does not meet the requirements of validation are appear the error messages on user's screen. Performed and verify as regards the output data.
The data processing is performed by developed application software.
- Investment activity in industry - March (NACE Rev. 2)
- Investment activity in industry - October (NACE Rev. 2)
Monday, 30 September 2019 - 11:00
Thursday, 29 August 2019 - 11:00
In August 2019, the business conjuncture in the country is assessed as unfavourable. The total business climate indicator decreases by 3.1 percentage points compared to its July level as reduction of the indicator is registered in all observed sectors - industry, construction, retail trade and services.
Friday, 9 August 2019 - 11:00
In July 2019, the total consumer confidence indicator increases by 0.8 percentage points compared to its level 3 months ago, which is due entirely to the increased confidence among the urban population.
Monday, 29 July 2019 - 11:00
In July 2019, the total business climate indicator remains approximately to its level from the previous month. A reduction of the business conjuncture is observed in industry and construction, while in retail trade preserves its June level. Only in service sector, the indicator is increased.
Friday, 28 June 2019 - 11:00
In June 2019, the total business climate indicator decreases by 1.3 percentage points in comparison with May as a result of the more unfavourable business climate in industry, construction and service sector.
Thursday, 30 May 2019 - 11:00
In May 2019, the total business climate indicator increases by 1.3 percentage points compared to the previous month, which is due to the improved business conjuncture in construction and retail trade.
Friday, 10 May 2019 - 11:00
In April 2019, the total consumer confidence indicator decreases by 0.7 percentage points in comparison with January, which is due entirely to the decreased confidence among the urban population.
Tuesday, 30 April 2019 - 11:00
In April 2019, the total business climate indicator increases by 1.9 percentage points compared to March. An improvement of the business conjuncture is registered in industry, construction and service sector, while in retail trade the indicator preserves approximately its level from the previous month.
Friday, 12 April 2019 - 11:00
The investment business inquiry of NSI carried out among industrial enterprises in March 2019 shows that in 2018 the expenditures for acquiring fixed tangible and intangible assets in industry are by 5.1% less in comparison with 2017. The plans of industrial enterprises in 2019 are for a decrease of investments by 7.3% compared to the previous year.
Friday, 29 March 2019 - 11:00
In March 2019, the total business climate indicator preserves approximately its February level as an improvement is registered only in retail trade.