Government spending in Bulgaria was last recorded at 36.3 percent of GDP in 2019 . source: EUROSTAT
Government Spending to GDP in Bulgaria averaged 37.04 percent from 1995 until 2019, reaching an all time high of 43.20 percent in 2014 and a record low of 30.60 percent in 1997. This page provides the latest reported value for - Bulgaria Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Government Spending to GDP - values, historical data and charts - was last updated on May of 2021.
Government Spending to GDP in Bulgaria is expected to reach 42.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Government Spending to GDP is projected to trend around 41.00 percent in 2021 and 38.50 percent in 2022, according to our econometric models.