Bulgaria Lending Rate
Lending interest rate FR.INR.LEND
Bulgaria's lending rate was 4.51% in 2025, ranked 91st globally. This represents a 2.2% decrease from 2024. Data from World Bank, covering 1992–2025.
Overview
Bulgaria's lending rate stood at 4.51% in 2025, a decline of +0.10pp from 2024. Based on recent trends, this figure is projected to reach 4.51% by 2025. Bulgaria ranked 91st globally.
Bulgaria’s lending rate has fallen dramatically since the early 1990s, dropping from an early‑year level of 74.05 % in 1992 to an all‑time peak of 291.06 % in 1996 before reaching a trough of 3.75 % in 2022. The 2025 figure of 4.51 % places Bulgaria 91st globally, slightly above Thailand’s 4.48 % and below Bosnia and Herzegovina’s 4.74 %, reflecting a modest tightening after the post‑pandemic low. The steep decline over the 34‑year coverage period mirrors the broader transition from a centrally planned economy to a market‑oriented financial system, with policy reforms and inflation anchoring the central bank’s rate decisions. Although the current rate remains near historic lows, any resurgence of inflationary pressures or external financing constraints could prompt a reversal, while continued price stability would likely keep the lending rate anchored in the low‑single‑digit range.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 4.69% | - | - |
| 2026* trend | 4.60% | - | - |
| 2025* trend | 4.51% | - | - |
| 2025 | 4.51% | −0.10pp | #91 |
| 2024 | 4.61% | +0.17pp | #6 |
| 2023 | 4.44% | +0.69pp | #6 |
| 2022 | 3.75% | −0.37pp | #7 |
| 2021 | 4.12% | −0.22pp | #15 |
| 2020 | 4.34% | −0.21pp | #16 |
| 2019 | 4.55% | −0.41pp | #13 |
| 2018 | 4.96% | −0.48pp | #17 |
| 2017 | 5.44% | −0.95pp | #32 |
| 2016 | 6.39% | −1.06pp | #40 |
| 2015 | 7.45% | −0.81pp | #46 |
| 2014 | 8.26% | −0.78pp | #51 |
| 2013 | 9.04% | −0.67pp | #58 |
| 2012 | 9.71% | −0.92pp | #62 |
| 2011 | 10.63% | −0.51pp | #71 |
Detected Pattern
Analysis
Bulgaria matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Bulgaria's lending rate was 4.51% in 2025. Ranked 91st globally. This represents a 2.2% decrease from the previous year.
Bulgaria's lending rate peaked at 291.06% in 1996.
The lowest lending rate in Bulgaria was 3.75% in 2022.
Bulgaria ranks 91st globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Bulgaria's lending rate is projected to reach 4.51% by 2025 based on trend extrapolation.
The lending rate of Bulgaria in 2025 was 4.51%. This ranks 91st in the world.
Cite this page
@misc{historysaid_bulgaria_lending-rate,
title = {Bulgaria Lending Rate},
url = {https://historysaid.com/bulgaria/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}