The Bulgarian National Bank ( BNB ) has updated its GDP growth forecast for Bulgaria for the 2025–2027 period, showing a more optimistic outlook than its June 2025 projections. The central bank now expects the country’s real GDP to expand by 3.2% in 2025, up from the 2.9% previously forecasted. For 2026 and 2027, BNB anticipates annual GDP growth of 3.1%, compared with the earlier 2.9% estimate for both years. According to the BNB ’s “Macroeconomic Forecast,” private consumption will remain the