Bulgaria: information & communication industry turnover 2020

The turnover of the information and communication industry in Bulgaria increased by 612.4 million euros since the previous year. With 7.2 billion euros, the turnover thereby reached its highest value in the observed period. The recent development could be explained by the fact that Eurostat reports a break in time series for 2018. Notably, the turnover in this industry is continuously increasing over the last years.

Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.
Find more statistics on the information and communication industry in Bulgaria with key insights such as personnel costs, or production value.

Annual turnover of the information and communication industry in Bulgaria from 2011 to 2020 (in million euros)

Characteristic	Annual turnover in million euros
2020p	7,247.5
2019	6,635.1
2018b	5,741.8
2017	5,104.3
2016	4,605.6
2015	4,198.9
2014	3,713.3
2013	3,648
2012	3,605.8
2011	3,491.6

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Release date

February 2022

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Region

Bulgaria

Survey time period

2011 to 2020

Supplementary notes

p: Provisional value.
b: Break in time series.
The source adds the following information: Turnover corresponds to market sales of goods or services supplied to third parties; it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced by the unit to its customer and other similar deductible taxes directly linked to turnover; it also includes all other charges (transport, packaging, etc.) passed on to the customer.
Data coverage corresponds to Section J of NACE Rev2.

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