In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years. In 2020 it stood at 3.8% of GDP, in 2021 it reached 3.9% of GDP and in 2022 it shrank to 2.9% of GDP.
Bulgaria's public debt in 2023 amounted to EUR 21.439 billion or 22.9% of the country's GDP, after shrinking to 22.5% of GDP in 2022, the National Statistical Institute reports.This is one of the lowest debt ratios among EU countries.
Bulgaria will receive EUR 7.4 million in aid from the European Commission to support farmers affected by adverse production conditions in recent months, European Commissioner for Agriculture and Food Christophe Hansen told BTA and clarified that the..
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency,..
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