Bulgaria recorded a Government Budget surplus equal to 2 percent of the country's Gross Domestic Product in 2018. Government Budget in Bulgaria averaged -0.25 percent of GDP from 1997 until 2018, reaching an all time high of 2 percent of GDP in 2018 and a record low of -5.50 percent of GDP in 2014.

Government Budget in Bulgaria is expected to be 1.10 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Government Budget is projected to trend around 0.90 percent of GDP in 2020, according to our econometric models.

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Bulgaria Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.20 2.00 -5.50 1997 - 2018 percent of GDP Yearly

Bulgaria Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.90 19.80 77.60 13.20 percent [+]
Government Budget 2.00 1.20 2.00 -5.50 percent of GDP [+]
Government Budget Value 207.95 -209.29 3959.03 -2831.81 BGN Million [+]
Government Spending to GDP 34.80 35.00 43.20 30.60 percent [+]
Government Debt 12063.50 11981.40 13761.90 4723.10 EUR Million [+]
Credit Rating 58.00 [+]
Military Expenditure 1015.00 824.00 3776.00 609.00 USD Million [+]
Government Revenues 3277.30 3235.51 3789.82 1274.30 BGN Million [+]
Government Spending 2046.18 2074.13 2533.86 1066.44 BGN Million [+]
Fiscal Expenditure 3060.72 3436.21 4491.87 1371.42 BGN Million [+]
Asylum Applications 95.00 215.00 3530.00 25.00 persons [+]