Government Spending in Bulgaria increased to 2271.54 BGN Million in the fourth quarter of 2018 from 1692.07 BGN Million in the third quarter of 2018. Government Spending in Bulgaria averaged 1516.46 BGN Million from 1999 until 2018, reaching an all time high of 2271.54 BGN Million in the fourth quarter of 2018 and a record low of 1066.44 BGN Million in the first quarter of 1999.

Government Spending in Bulgaria is expected to be 1620.00 BGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Bulgaria to stand at 1756.00 in 12 months time. In the long-term, the Bulgaria Government Spending is projected to trend around 1889.00 BGN Million in 2020, according to our econometric models.

Bulgaria Government Spending
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Bulgaria Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.80 19.60 77.60 13.20 percent [+]
Government Budget 2.00 1.20 2.00 -5.50 percent of GDP [+]
Government Budget Value 197.21 481.15 3959.03 -2831.81 BGN Million [+]
Government Spending to GDP 34.80 35.00 43.20 30.60 percent [+]
Government Debt 11688.40 11689.20 13761.90 4723.10 EUR Million [+]
Credit Rating 52.55 [+]
Military Expenditure 1015.00 824.00 3776.00 609.00 USD Million [+]
Government Revenues 3269.99 3241.74 3575.67 1274.30 BGN Million [+]
Government Spending 2271.54 1692.07 2271.54 1066.44 BGN Million [+]
Fiscal Expenditure 3111.22 2799.99 4491.87 1371.42 BGN Million [+]
Asylum Applications 75.00 75.00 3530.00 25.00 persons [+]


Bulgaria Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Bulgaria Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Government Spending - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2271.54 1692.07 2271.54 1066.44 1999 - 2018 BGN Million Quarterly
Constant Prices 2010, NSA




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