Bulgaria recorded a government budget deficit of 718.07 BGN Million in March of 2021. source: Ministry of Finance of the Republic of Bulgaria

Government Budget Value in Bulgaria averaged 171.74 BGN Million from 1994 until 2021, reaching an all time high of 3959.03 BGN Million in November of 2007 and a record low of -3580.62 BGN Million in December of 2020. This page provides - Bulgaria Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Government Budget Value - values, historical data and charts - was last updated on May of 2021.

Government Budget Value in Bulgaria is expected to be 300.13 BGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Bulgaria to stand at 300.13 in 12 months time. In the long-term, the Bulgaria Government Budget Value is projected to trend around 300.13 BGN Million in 2022, according to our econometric models.

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Bulgaria Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-718.07 -576.57 3959.03 -3580.62 1994 - 2021 BGN Million Monthly
Current Prices, NSA

Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.50 23.20 77.60 13.20 percent [+]
Government Budget -3.40 2.10 2.10 -5.40 percent of GDP [+]
Government Budget Value -718.07 -576.57 3959.03 -3580.62 BGN Million [+]
Government Spending to GDP 36.30 34.80 43.20 30.60 percent [+]
Government Debt 29208.30 28935.20 29208.30 9234.80 BGN Million [+]
Asylum Applications 405.00 250.00 3530.00 25.00 persons [+]
Government Revenues 3564.52 3226.38 4305.69 1274.30 BGN Million [+]
Government Spending 2808.72 2061.71 2808.72 1066.44 BGN Million [+]
Fiscal Expenditure 4339.47 3763.00 6978.87 1371.42 BGN Million [+]
Credit Rating 61.00 [+]
Military Expenditure 2187.00 961.00 4083.00 659.00 USD Million [+]

Bulgaria Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.