Government Spending in Bulgaria decreased to 1692.07 BGN Million in the third quarter of 2018 from 1811.52 BGN Million in the second quarter of 2018. Government Spending in Bulgaria averaged 1506.90 BGN Million from 1999 until 2018, reaching an all time high of 2237.66 BGN Million in the fourth quarter of 2007 and a record low of 1066.44 BGN Million in the first quarter of 1999.

Government Spending in Bulgaria is expected to be 2133.00 BGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Bulgaria to stand at 1834.00 in 12 months time. In the long-term, the Bulgaria Government Spending is projected to trend around 2296.00 BGN Million in 2020, according to our econometric models.

Bulgaria Government Spending
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Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 22.10 22.10 77.60 13.20 percent [+]
Government Budget 0.90 0.20 1.80 -5.50 percent of GDP [+]
Government Budget Value 148.17 159.08 3959.03 -2343.50 BGN Million [+]
Government Spending to GDP 35.20 35.00 43.10 30.50 percent [+]
Government Debt 12233.20 12220.30 13761.90 4723.10 EUR Million [+]
Credit Rating 52.55 [+]
Military Expenditure 843.41 755.41 3646.24 588.26 USD Million [+]
Government Revenues 2926.65 3161.47 3545.99 1274.30 BGN Million [+]
Government Spending 1692.07 1811.52 2237.66 1066.44 BGN Million [+]
Fiscal Expenditure 2754.56 2989.95 4434.51 1371.42 BGN Million [+]
Asylum Applications 145.00 95.00 3530.00 25.00 persons [+]


Bulgaria Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Bulgaria Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Government Spending - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1692.07 1811.52 2237.66 1066.44 1999 - 2018 BGN Million Quarterly
Constant Prices 2010, NSA




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