Bulgaria Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Bulgaria's government debt to gdp was 28.42% in 2025, ranked 157th globally. This represents a 18.0% increase from 2024. Data from IMF WEO, covering 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.
Bulgaria's government debt to GDP ratio has undergone significant fluctuations over the past 28 years, with the all-time peak of 78.67 in 1999 and a trough of 14.06 in 2010. The country's debt-to-GDP ratio has been steadily decreasing since 2010, with the latest figure standing at 28.42 in 2025, placing it at the 157th position globally. This downward trend is comparable to that of peer countries such as Guyana, which has a similar debt-to-GDP ratio of 29.00. Notably, Bulgaria's debt-to-GDP ratio remains lower than several countries in the region, including Saudi Arabia with a ratio of 29.21. The country's efforts to stabilize its finances and adhere to EU fiscal policies have contributed to this improvement. However, a reversal in Bulgaria's economic fortunes, such as a significant decline in foreign investment or a sharp increase in global interest rates, could potentially jeopardize this progress and alter the trajectory of the debt-to-GDP ratio.
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 |
Detected Pattern
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 →
The provided headlines primarily cover global market trends in various industries and a domestic presidential election in Bulgaria. None of these developments offer direct information or clear indirect implications regarding Bulgaria's government debt to GDP, currently at 28.42%. The election headline reports a political outcome but does not detail potential fiscal policy changes or their impact on the nation's debt.
Frequently Asked Questions
Bulgaria's government debt to gdp was 28.42% in 2025. Ranked 157th globally. This represents a 18.0% increase from the previous year.
Bulgaria's government debt to gdp peaked at 78.67% in 1999.
The lowest government debt to gdp in Bulgaria was 14.06% in 2010.
Bulgaria ranks 157th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Bulgaria's government debt to gdp is projected to reach 28.42% by 2025 based on IMF projection.
The government debt to gdp of Bulgaria in 2025 was 28.42%. This ranks 157th in the world.
Cite this page
@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}
}