site.btaBulgaria Ranks First in EU for Monthly and Annual Growth in Services Output in November

 In November 2025, Bulgaria recorded the EU's highest monthly and annual increases in services production, by 2.9% and 9.9% respectively, according to Eurostat data published on Friday.

In November 2025, compared with October 2025, seasonally adjusted services production decreased by 0.5% in the EU and by 0.6% in the euro area, according to first estimates from Eurostat. In October 2025, services production grew by 0.1% in both the EU and the euro area.

Services growth in Bulgaria slowed down slightly in November compared with October, when a 3.2% increase was recorded, but remained the highest in the EU. Monthly growth stood at 1.4% in September. On an annual basis, however, growth accelerated sharply to 9.9% in November from 5.9% in October and 1.7% in September, again placing Bulgaria first among EU Member States.

Across the EU in November compared with October, services production declined by 0.9% in transportation and storage, 0.2% in accommodation and food services, 0.4% in information and communication, 0.1% in real estate activities, 0.5% in professional, scientific and technical activities, and 0.7% in administrative and support services.

In the euro area over the same period, output fell by 0.7% in transportation and storage, 0.1% in accommodation and food services, 0.1% in information and communication, 0.3% in real estate activities, 0.7% in professional, scientific and technical activities, and 0.6% in administrative and support services.

Among Member States for which data are available, the highest monthly increases were observed in Bulgaria (2.9%), Romania (2.3%) and Slovakia (2.1%). The largest monthly decreases were recorded in Greece (6.0%), Denmark (5.1%) and Hungary (2.0%).

On an annual basis in November 2025 compared with the same month of 2024, services production in the EU fell by 1.6% in transportation and storage, rose by 0.2% in accommodation and food services, increased by 3.0% in information and communication, by 1.2% in real estate activities and by 0.3% in professional, scientific and technical activities. A decline of 0.4% was recorded in administrative and support services.

In the euro area on an annual basis, output fell by 0.3% in transportation and storage, rose by 0.1% in accommodation and food services, increased by 3.2% in information and communication and by 0.3% in real estate activities. Output declined by 0.1% in professional, scientific and technical activities and by 0.6% in administrative and support services.

Among Member States for which data are available, the highest annual increases were recorded in Bulgaria (9.9%), Poland (5.8%) and Latvia and Romania (both 5.0%). The largest decreases were observed in Denmark (13.0%), Hungary (8.9%) and Estonia (2.3%).