Bulgaria recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2024. Government Budget in Bulgaria averaged -0.65 percent of GDP from 1997 until 2024, reaching an all time high of 2.70 percent of GDP in 2006 and a record low of -5.40 percent of GDP in 2014. source: National Statistical Institute, Bulgaria

Government Budget in Bulgaria is expected to reach -2.90 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Government Budget is projected to trend around -2.80 percent of GDP in 2026 and -2.70 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 240.00 265.00 persons Jan 2026
Credit Rating 61.00 Mar 2026
Fiscal Expenditure 3533.71 9488.85 BGN Million Jan 2026
Government Budget -3.00 -2.00 percent of GDP Dec 2024
Government Budget Value -75.71 -387.16 BGN Million Jan 2026
Government Debt 6586.60 6292.90 BGN Million Jan 2026
Government Debt to GDP 24.10 22.90 percent of GDP Dec 2024
Government Revenues 3460.46 10021.81 BGN Million Jan 2026
Government Spending 4452.81 3226.91 BGN Million Dec 2025
Government Spending to GDP 39.20 38.90 percent of GDP Dec 2024
Holidays
Military Expenditure 2329.80 1989.70 USD Million Dec 2024


Bulgaria Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-3.00 -2.00 2.70 -5.40 1997 - 2024 percent of GDP Yearly