Bulgaria recorded a Government Budget surplus equal to 2 percent of the country's Gross Domestic Product in 2018.

Government Budget in Bulgaria averaged -0.25 percent of GDP from 1997 until 2018, reaching an all time high of 2 percent of GDP in 2018 and a record low of -5.50 percent of GDP in 2014. This page provides - Bulgaria Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Government Budget - values, historical data and charts - was last updated on July of 2020.

Government Budget in Bulgaria is expected to reach -3.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Government Budget is projected to trend around -2.10 percent of GDP in 2021 and -0.80 percent of GDP in 2022, according to our econometric models.

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Bulgaria Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.00 2.10 -5.50 1997 - 2019 percent of GDP Yearly

Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 21.00 21.10 77.60 13.20 percent [+]
Government Budget 2.10 2.00 2.10 -5.50 percent of GDP [+]
Government Budget Value -323.09 158.77 3959.03 -2831.81 BGN Million [+]
Government Spending to GDP 36.30 34.80 43.20 30.60 percent [+]
Government Debt 24612.80 24708.50 26881.40 9234.80 BGN Million [+]
Credit Rating 60.00 [+]
Military Expenditure 1015.00 824.00 3776.00 609.00 USD Million [+]
Government Revenues 2798.06 3364.34 3950.09 1274.30 BGN Million [+]
Government Spending 2028.36 2687.94 2687.94 1066.44 BGN Million [+]
Fiscal Expenditure 3069.58 3181.09 5091.71 1371.42 BGN Million [+]
Asylum Applications 70.00 35.00 3530.00 25.00 persons [+]


Bulgaria Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.