Government Spending in Bulgaria decreased to 2046.18 BGN Million in the third quarter of 2019 from 2074.13 BGN Million in the second quarter of 2019.

Government Spending in Bulgaria averaged 1583.25 BGN Million from 1999 until 2019, reaching an all time high of 2533.86 BGN Million in the fourth quarter of 2018 and a record low of 1066.44 BGN Million in the first quarter of 1999. This page provides - Bulgaria Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Bulgaria is expected to be 1931.00 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 2116.00 in 12 months time. In the long-term, the Bulgaria Government Spending is projected to trend around 2253.00 BGN Million in 2020, according to our econometric models.

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Bulgaria Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
2046.18 2074.13 2533.86 1066.44 1999 - 2019 BGN Million Quarterly
Constant Prices 2010, NSA

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.

Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.90 19.80 77.60 13.20 percent [+]
Government Budget 2.00 1.20 2.00 -5.50 percent of GDP [+]
Government Budget Value 207.95 -209.29 3959.03 -2831.81 BGN Million [+]
Government Spending to GDP 34.80 35.00 43.20 30.60 percent [+]
Government Debt 12063.50 11981.40 13761.90 4723.10 EUR Million [+]
Credit Rating 58.00 [+]
Military Expenditure 1015.00 824.00 3776.00 609.00 USD Million [+]
Government Revenues 3277.30 3235.51 3789.82 1274.30 BGN Million [+]
Government Spending 2046.18 2074.13 2533.86 1066.44 BGN Million [+]
Fiscal Expenditure 3060.72 3436.21 4491.87 1371.42 BGN Million [+]
Asylum Applications 95.00 215.00 3530.00 25.00 persons [+]