Name: Bulgaria Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Bulgaria,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Government Spending in Bulgaria increased to 2895.07 BGN Million in the fourth quarter of 2022 from 2105.34 BGN Million in the third quarter of 2022. source: National Statistical Institute, Bulgaria

Government Spending in Bulgaria averaged 1660.54 BGN Million from 1999 until 2022, reaching an all time high of 2895.07 BGN Million in the fourth quarter of 2022 and a record low of 1066.44 BGN Million in the first quarter of 1999. This page provides - Bulgaria Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Government Spending - values, historical data and charts - was last updated on March of 2023.

Government Spending in Bulgaria is expected to be 1923.00 BGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Government Spending is projected to trend around 3015.00 BGN Million in 2024 and 3096.00 BGN Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget	-3.90	-3.80	percent of GDP	Dec 2021
Government Spending	2895.07	2105.34	BGN Million	Dec 2022

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.