Bulgaria recorded a government debt equivalent to 21 percent of the country's Gross Domestic Product in 2020.
Government Debt to GDP in Bulgaria averaged 26.70 percent from 1999 until 2020, reaching an all time high of 77.60 percent in December of 1999 and a record low of 13.20 percent in March of 2010. This page provides the latest reported value for - Bulgaria Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Government Debt to GDP - values, historical data and charts - was last updated on July of 2020.
Government Debt to GDP in Bulgaria is expected to be 25.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt to GDP in Bulgaria to stand at 25.70 in 12 months time. In the long-term, the Bulgaria Government Debt to GDP is projected to trend around 25.60 percent in 2021 and 24.80 percent in 2022, according to our econometric models.