The national debt in Bulgaria was forecast to continuously increase between 2024 and 2029 by in total 19.6 billion U.S. dollars (+76.68 percent). After the tenth consecutive increasing year, the national debt is estimated to reach 45.19 billion U.S. dollars and therefore a new peak in 2029. Notably, the national debt was continuously increasing over the past years.As defined by the International Monetary Fund, the general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.Find more key insights for the national debt in countries like Croatia, Romania, and Bosnia & Herzegovina.

Key information about Bulgaria Government Debt: % of GDP

• Bulgaria Government debt accounted for 22.1 % of the country's Nominal GDP in Jun 2024, compared with the ratio of 22.4 % in the previous quarter.
• Bulgaria government debt to GDP ratio data is updated quarterly, available from Mar 2007 to Jun 2024.
• The data reached an all-time high of 29.3 % in Mar 2016 and a record low of 12.7 % in Mar 2009.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Finance of the Republic of Bulgaria provides Government Debt in local currency. The National Statistical Institute provides Nominal GDP in local currency.


Related information about Bulgaria Government Debt: % of GDP

• In the latest reports, Bulgaria National Government Debt reached 26.5 USD bn in Oct 2024.
• The country's Nominal GDP reached 21.9 USD bn in Mar 2023.

The ratio of national debt to gross domestic product (GDP) in Bulgaria was forecast to continuously increase between 2024 and 2029 by in total 8.8 percentage points. After the seventh consecutive increasing year, the ratio is estimated to reach 32.59 percent and therefore a new peak in 2029. The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Serbia, Montenegro, and Albania.

Key information about Bulgaria Private Debt: % of Nominal GDP

• Bulgaria Private Debt accounted for 51.24 % of its Nominal GDP in Dec 2024, compared with a ratio of 50.39 % in the previous quarter
• Bulgaria Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2005 to Dec 2024, with an average share of 52.94 %
• The data reached an all-time high of 68.83 % in Jun 2010 and a record low of 38.06 % in Mar 2006

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. Bulgarian National Bank provides Private Debt in local currency. The National Statistical Institute provides Nominal GDP in local currency.

Graph and download economic data for Outstanding International Private Debt Securities to GDP for Bulgaria (DDDM05BGA156NWDB) from 1994 to 2020 about Bulgaria, debt, securities, private, and GDP.

Central government debt, total (% of GDP) in Bulgaria was reported at 30.2 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bulgaria - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

This statistic shows the percentage change on the previous year for general government consolidated gross debt as a share of gross domestic product (GDP) in Bulgaria from 2013 to 2017. The largest change in this period occurred in 2014 when there was an increase of 10.3 percent.

Key information about Bulgaria External Debt: % of GDP

• Bulgaria External Debt accounted for 47.3 % of the country's Nominal GDP in 2024, compared with the ratio of 47.6 % in the previous year.
• Bulgaria External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2024.
• The data reached an all-time high of 101.1 % in Dec 2009 and a record low of 47.3 % in Dec 2024.

CEIC calculates External Debt as % of Nominal GDP from monthly External Debt and annual Nominal GDP. Bulgarian National Bank provides External Debt in EUR. The National Statistical Institute provides Nominal GDP in local currency. Bulgarian National Bank average market exchange rate is used for currency conversions. External Debt prior to 2015 is based on BPM5.


Related information about Bulgaria External Debt: % of GDP

• In the latest reports of Bulgaria, Current Account recorded a surplus of 351.4 USD mn in Apr 2023.
• Foreign Direct Investment (FDI) increased by 60.2 USD mn in Apr 2023.
• Bulgaria Direct Investment Abroad expanded by 18.8 USD mn in Nov 2024.
• Its Foreign Portfolio Investment increased by 3.4 USD bn in Sep 2024.
• The country's External Debt reached 50,739.7 in Dec 2024.
• The country's Nominal GDP was reported at 21.9 USD bn in Mar 2023.

External debt stocks, total (DOD, current US$) in Bulgaria was reported at 47206483345 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bulgaria - External debt stocks, total (DOD, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Debt statistics provide a detailed picture of debt stocks and flows of developing countries. Data presented as part of the Quarterly External Debt Statistics takes a closer look at the external debt of high-income countries and emerging markets to enable a more complete understanding of global financial flows. The Quarterly Public Sector Debt database provides further data on public sector valuation methods, debt instruments, and clearly defined tiers of debt for central, state and local government, as well as extra-budgetary agencies and funds. Data are gathered from national statistical organizations and central banks as well as by various major multilateral institutions and World Bank staff.

Bulgaria - General gov. gross debt (EDP concept), consolidated was 24.60 % of GDP in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Bulgaria - General gov. gross debt (EDP concept), consolidated - last updated from the EUROSTAT on March of 2025. Historically, Bulgaria - General gov. gross debt (EDP concept), consolidated reached a record high of 77.40 % of GDP in September of 2000 and a record low of 12.70 % of GDP in March of 2009.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Residence of Issuer in Bulgaria (IDS1YMAORIGGBG) from Q3 1994 to Q4 2024 about Bulgaria, 1-year, sector, debt, residents, securities, and government.

Bulgaria Gross External Debt: Other Sectors: Short Term: Trade Credits data was reported at 1,880.903 EUR mn in Apr 2021. This stayed constant from the previous number of 1,880.903 EUR mn for Mar 2021. Bulgaria Gross External Debt: Other Sectors: Short Term: Trade Credits data is updated monthly, averaging 1,455.164 EUR mn from Jan 1999 (Median) to Apr 2021, with 268 observations. The data reached an all-time high of 1,991.619 EUR mn in Dec 2019 and a record low of 379.214 EUR mn in Jan 1999. Bulgaria Gross External Debt: Other Sectors: Short Term: Trade Credits data remains active status in CEIC and is reported by Bulgarian National Bank. The data is categorized under Global Database’s Bulgaria – Table BG.JB014: BPM5: Gross External Debt.

Gross Ext. Debt Pos., Other Sectors, Long-term, All instruments, USD in Bulgaria was reported at 9038005962 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bulgaria - Gross Ext. Debt Pos., Other Sectors, Long-term, All instruments, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Key information about Bulgaria Total Debt: % of GDP

• Bulgaria Total Debt accounted for 352.7 % of the country's GDP in 2023, compared with the ratio of 357.2 % in the previous year.
• Bulgaria Total Debt: % of GDP data is updated yearly, available from Dec 1995 to Dec 2023.
• The data reached an all-time high of 490.1 % in Dec 1996 and a record low of 163.3 % in Dec 1998.

CEIC calculates annual Total Debt as % of Nominal GDP from annual Total Debt and annual Nominal GDP. Total Debt is calculated as the Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. The National Statistical Institute provides Total Debt in local currency and Nominal GDP in local currency.

Bulgarien registrerede en statsgæld til BNP på 23,70 procent af landets bruttonationalprodukt i 2024. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Bulgarien - Offentlige gæld og BNP.

Gross Ext. Debt Pos., Other Sectors, Short-term, All instruments, USD in Bulgaria was reported at 4601743003 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bulgaria - Gross Ext. Debt Pos., Other Sectors, Short-term, All instruments, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Graph and download economic data for Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Bulgaria (IDSGAMRINIBG) from Q3 1994 to Q4 2024 about Bulgaria, issues, sector, maturity, debt, residents, securities, Net, and government.

Graph and download economic data for Net Issues of International Debt Securities for Issuers in Other Financial Corporations, All Maturities, Residence of Issuer in Bulgaria (DISCONTINUED) (IDSOFAMRINIBG) from Q4 2006 to Q3 2010 about Bulgaria, issues, finance companies, companies, finance, maturity, financial, debt, residents, securities, and Net.

Bulgaria - Total financial sector liabilities: Debt securities was 1.10 % of GDP in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Bulgaria - Total financial sector liabilities: Debt securities - last updated from the EUROSTAT on March of 2025. Historically, Bulgaria - Total financial sector liabilities: Debt securities reached a record high of 5.60 % of GDP in December of 1995 and a record low of 0.00 % of GDP in December of 2000.