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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Bulgaria Government Spending

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.
Actual Previous Highest Lowest Dates Unit Frequency
2895.07 2105.34 2895.07 1066.44 1999 - 2022 BGN Million Quarterly
Constant Prices 2010, NSA