Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or 23.1% of the country’s GDP.
In 2024, the General Government Sector reports a deficit of BGN 6.158 billion (EUR 3 billion), or 3% of GDP. The deficit in the Central Government subsector was BGN 5.277 billion (EUR 2.6 billion), or 2.6% of GDP. A year earlier, the General Government deficit was 1.9% of GDP, and the deficit of the Central Government was 1.8% of Bulgaria’s GDP.
The deficit in Local Government subsector amounts to BGN 810 million (EUR 405 million), while the Social Security subsector reports a deficit of BGN 71 million (EUR 35.5 million).
'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the 'mighty financial powerhouse'. These descriptions are all accurate, sparking the interest of..
Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for Market Economics (IME), which refers to inflation data in recent months. Following a positive..
In the first quarter of 2025, the average quarterly total income per household member in Bulgaria was BGN 3,271 (€1,672), marking a 15.2% increase compared to the same period in 2024. This data comes from the Household Budget Survey by the National..
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