Government spending in Bulgaria was last recorded at 42.9 percent of GDP in 2020 . source: EUROSTAT
Government Spending to GDP in Bulgaria averaged 37.31 percent from 1995 until 2020, reaching an all time high of 43.70 percent in 1999 and a record low of 30.40 percent in 1997. This page provides the latest reported value for - Bulgaria Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Government Spending to GDP - values, historical data and charts - was last updated on August of 2021.
Government Spending to GDP in Bulgaria is expected to reach 41.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Government Spending to GDP is projected to trend around 38.50 percent in 2022, according to our econometric models.