Bulgaria Short-term Debt
Short-term debt as % of total external debt DT.DOD.DSTC.ZS
Bulgaria's short-term debt was 17.28% in 2025, ranked 33rd globally. This represents a 18.3% decrease from 2024. Data from World Bank, covering 1981–2025.
Overview
Bulgaria's short-term debt stood at 17.28% in 2025, a decline of +3.88% from 2022. Based on recent trends, this figure is projected to reach 17.28% by 2025. Bulgaria ranked 33rd globally.
Bulgaria's short-term debt has experienced significant fluctuations over the past four decades, with a notable all-time peak of 34.55 in 2008, a year marked by the global financial crisis. Conversely, the country's short-term debt bottomed out at 0.00 in 1984, amidst a period of relative economic stability. Since then, Bulgaria's short-term debt has been steadily increasing, reaching 17.28 in 2025, ranking it 33rd globally. Compared to its peer countries, Bulgaria's short-term debt is relatively lower than Djibouti's 17.35, but higher than Jamaica's 17.04. The recent upward trend in Bulgaria's short-term debt may be attributed to the country's efforts to finance its growing budget deficit. However, a sustained reduction in the debt-to-GDP ratio could potentially alter this trajectory, as the country continues to implement fiscal reforms and maintain a stable economic environment.
Data & projection
| Year | Short-term Debt | YoY change | Rank |
|---|---|---|---|
| 2025* trend | 17.28% | - | - |
| 2025 | 17.28% | −3.88% | #33 |
| 2022 | 21.16% | +2.32% | #102 |
| 2021 | 18.84% | −6.50% | #96 |
| 2020 | 25.34% | +0.91% | #108 |
| 2019 | 24.43% | +0.63% | #106 |
| 2018 | 23.80% | +0.54% | #103 |
| 2017 | 23.26% | +1.74% | #101 |
| 2016 | 21.53% | −0.20% | #100 |
| 2015 | 21.73% | −1.96% | #99 |
| 2014 | 23.68% | −2.11% | #97 |
| 2013 | 25.80% | −1.00% | #103 |
| 2012 | 26.79% | −0.12% | #104 |
| 2011 | 26.91% | −2.96% | #105 |
| 2010 | 29.87% | −2.09% | #107 |
| 2009 | 31.96% | −2.59% | #107 |
Detected Pattern
Analysis
Bulgaria matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw short-term debt improve within 24 months. View full analysis →
Frequently Asked Questions
Bulgaria's short-term debt was 17.28% in 2025. Ranked 33rd globally. This represents a 18.3% decrease from the previous year.
Bulgaria's short-term debt peaked at 34.55% in 2008.
The lowest short-term debt in Bulgaria was 0.00% in 1981.
Bulgaria ranks 33rd globally in short-term debt as of 2025.
The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.
Bulgaria's short-term debt is projected to reach 17.28% by 2025 based on trend extrapolation.
The short-term debt of Bulgaria in 2025 was 17.28%. This ranks 33rd in the world.
Cite this page
@misc{historysaid_bulgaria_short-term-debt,
title = {Bulgaria Short-term Debt},
url = {https://historysaid.com/bulgaria/short-term-debt/},
publisher = {HistorySaid},
year = {2026}
}