Bulgaria recorded a government debt equivalent to 19.60 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Bulgaria averaged 27.08 percent from 1999 until 2019, reaching an all time high of 77.60 percent in December of 1999 and a record low of 13.20 percent in March of 2010.
Government Debt to GDP in Bulgaria is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt to GDP in Bulgaria to stand at 18.50 in 12 months time. In the long-term, the Bulgaria Government Debt to GDP is projected to trend around 18.00 percent in 2020, according to our econometric models.