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Bulgaria Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-3.41% −0.37% (-12.3%)
Year 2025 Rank #112 Global Peak 3.22% (2006) Source IMF WEO

Bulgaria Budget Deficit (1998–2025)

Overview

Bulgaria's budget deficit stood at -3.41% in 2025, a decline of +0.37% from 2024. The IMF projects -3.41% by 2025. Bulgaria ranked 112th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -3.14% - -
2029* IMF -3.14% - -
2028* IMF -3.33% - -
2027* IMF -3.62% - -
2026* IMF -3.48% - -
2025* IMF -3.41% - -
2025 -3.41% −0.37% #112
2024 -3.04% −0.00% #88
2023 -3.03% −2.23% #92
2022 -0.80% +2.00% #132
2021 -2.80% +0.12% #120
2020 -2.92% −1.96% #150
2019 -0.96% −1.08% #115
2018 0.12% −0.70% #134
2017 0.82% −0.72% #159
2016 1.54% +4.32% #173
2015 -2.78% +0.88% #95
2014 -3.65% −1.90% #67
2013 -1.75% −1.32% #107
2012 -0.43% +1.40% #135
2011 -1.83% +1.94% #113
Show all years (1998-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 15.3% Real rate -10.5%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Bulgaria matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bulgaria's budget deficit?

Bulgaria's budget deficit was -3.41% in 2025. Ranked 112th globally. This represents a 12.3% decrease from the previous year.

What was the highest budget deficit in Bulgaria?

Bulgaria's budget deficit peaked at 3.22% in 2006.

What was the lowest budget deficit in Bulgaria?

The lowest budget deficit in Bulgaria was -3.77% in 2010.

How does Bulgaria rank in budget deficit?

Bulgaria ranks 112th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Bulgaria in 2025?

Bulgaria's budget deficit is projected to reach -3.41% by 2025 based on IMF projection.

What is the budget deficit of Bulgaria in 2025?

The budget deficit of Bulgaria in 2025 was -3.41%. This ranks 112th in the world.

Cite this page

APA
Bulgaria Budget Deficit. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/bulgaria/budget-deficit
BibTeX
@misc{historysaid_bulgaria_budget-deficit, title = {Bulgaria Budget Deficit}, url = {https://historysaid.com/bulgaria/budget-deficit}, publisher = {HistorySaid}, year = {2026} }