Bulgaria recorded a government debt equivalent to 19.90 percent of the country's Gross Domestic Product in 2019. Bulgaria Government Debt to GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Debt to GDP in Bulgaria averaged 26.86 percent from 1999 until 2019, 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.

Government Debt to GDP in Bulgaria is expected to be 18.50 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 18.50 in 12 months time. In the long-term, the Bulgaria Government Debt to GDP is projected to trend around 18.00 percent in 2021, according to our econometric models.

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Bulgaria Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
19.90 19.90 77.60 13.20 1999 - 2019 percent Monthly

Bulgaria Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.