Bulgaria Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Bulgaria's credit to gdp was 43.93% in 2025, ranked 70th globally. This represents a 6.7% decrease from 2024. Data from World Bank, covering 1991–2025.
Overview
Bulgaria's credit to gdp stood at 43.93% in 2025, a decline of +3.14% from 2024. Based on recent trends, this figure is projected to reach 43.93% by 2025. Bulgaria ranked 70th globally.
Bulgaria's credit to GDP ratio has undergone significant fluctuations over the past three and a half decades. The country's all-time peak of 82.80 in 1991, during the initial stages of its transition to a market-based economy, marked a substantial departure from its 1997 trough of 8.55, a stark indication of the economic turmoil it experienced during that period. Bulgaria's credit to GDP ratio has since been on a relatively ascending trajectory, with the country's latest figure standing at 43.93, placing it at #70 globally. This development is comparable to that of its peer countries, with Czechia boasting a marginally higher credit to GDP ratio of 46.01. However, Bulgaria's growth trajectory has been sluggish, and a breakthrough in the country's financial sector, coupled with sustained economic growth, would be necessary to propel its credit to GDP ratio upwards. A significant increase in foreign investments or a marked improvement in Bulgaria's business environment could potentially alter the trajectory of its credit to GDP ratio.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 41.67% | - | - |
| 2026* trend | 42.80% | - | - |
| 2025* trend | 43.93% | - | - |
| 2025 | 43.93% | −3.14% | #70 |
| 2024 | 47.07% | +1.74% | #65 |
| 2023 | 45.32% | +0.60% | #79 |
| 2022 | 44.73% | −3.42% | #82 |
| 2021 | 48.15% | −3.15% | #88 |
| 2020 | 51.30% | +1.47% | #87 |
| 2019 | 49.83% | −0.71% | #103 |
| 2018 | 50.54% | +0.74% | #101 |
| 2017 | 49.80% | −2.22% | #101 |
| 2016 | 52.02% | −2.77% | #105 |
| 2015 | 54.79% | −4.43% | #111 |
| 2014 | 59.23% | −6.96% | #118 |
| 2013 | 66.19% | +0.40% | #129 |
| 2012 | 65.78% | +0.50% | #125 |
| 2011 | 65.28% | −2.92% | #123 |
Detected Pattern
Analysis
Bulgaria matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Bulgaria's credit to gdp was 43.93% in 2025. Ranked 70th globally. This represents a 6.7% decrease from the previous year.
Bulgaria's credit to gdp peaked at 82.80% in 1991.
The lowest credit to gdp in Bulgaria was 8.55% in 1997.
Bulgaria ranks 70th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Bulgaria's credit to gdp is projected to reach 43.93% by 2025 based on trend extrapolation.
The credit to gdp of Bulgaria in 2025 was 43.93%. This ranks 70th in the world.
Cite this page
@misc{historysaid_bulgaria_credit-to-gdp,
title = {Bulgaria Credit to GDP},
url = {https://historysaid.com/bulgaria/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}