Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or 23.1% of the country’s GDP.
In 2024, the General Government Sector reports a deficit of BGN 6.158 billion (EUR 3 billion), or 3% of GDP. The deficit in the Central Government subsector was BGN 5.277 billion (EUR 2.6 billion), or 2.6% of GDP. A year earlier, the General Government deficit was 1.9% of GDP, and the deficit of the Central Government was 1.8% of Bulgaria’s GDP.
The deficit in Local Government subsector amounts to BGN 810 million (EUR 405 million), while the Social Security subsector reports a deficit of BGN 71 million (EUR 35.5 million).
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..
Since the beginning of the current year, Bulgaria has experienced record heat waves, a series of devastating fires, and a new disaster just days ago – catastrophic floods that claimed human lives . Climate change already has its price – and it is..
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