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Bulgaria Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

28.42% +4.34% (+18.0%)
Year 2025 Rank #157 Global Peak 78.67% (1999) Source IMF WEO

Bulgaria Government Debt to GDP (1998–2025)

Overview

Bulgaria's government debt to gdp stood at 28.42% in 2025, a rise of +4.34% from 2024. The IMF projects 28.42% by 2025. Bulgaria ranked 157th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 36.05% - -
2029* IMF 34.69% - -
2028* IMF 33.27% - -
2027* IMF 31.69% - -
2026* IMF 29.89% - -
2025* IMF 28.42% - -
2025 28.42% +4.34% #157
2024 24.08% +1.19% #21
2023 22.89% +0.40% #19
2022 22.48% −1.35% #20
2021 23.84% +1.12% #17
2020 22.72% +4.33% #17
2019 18.38% −1.72% #13
2018 20.10% −2.82% #18
2017 22.92% −4.09% #25
2016 27.01% +1.65% #34
2015 25.36% −0.91% #34
2014 26.27% +9.10% #46
2013 17.17% +0.62% #25
2012 16.55% +2.21% #25
2011 14.34% +0.27% #20
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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Bulgaria's government debt to gdp?

Bulgaria's government debt to gdp was 28.42% in 2025. Ranked 157th globally. This represents a 18.0% increase from the previous year.

What was the highest government debt to gdp in Bulgaria?

Bulgaria's government debt to gdp peaked at 78.67% in 1999.

What was the lowest government debt to gdp in Bulgaria?

The lowest government debt to gdp in Bulgaria was 14.06% in 2010.

How does Bulgaria rank in government debt to gdp?

Bulgaria ranks 157th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

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

What is the projected government debt to gdp of Bulgaria in 2025?

Bulgaria's government debt to gdp is projected to reach 28.42% by 2025 based on IMF projection.

What is the government debt to gdp of Bulgaria in 2025?

The government debt to gdp of Bulgaria in 2025 was 28.42%. This ranks 157th in the world.

Cite this page

APA
Bulgaria Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/bulgaria/government-debt-to-gdp
BibTeX
@misc{historysaid_bulgaria_government-debt-to-gdp, title = {Bulgaria Government Debt to GDP}, url = {https://historysaid.com/bulgaria/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }