Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria's foreign debt is growing

Bulgarian National Bank
Photo: Ani Petrova, BNR

Bulgaria's gross external debt at the end of July 2021 was EUR 40.527 billion. This is 61.7% of the country's GDP, the Bulgarian National Bank announced. For a year, the debt has grown by almost 3 billion euros and includes both government and private sector liabilities.

Long-term liabilities - at the end of July amounted to over 34 billion euros and in one year have increased by 2.5 billion euros. The short-term repayment liabilities in the next 12 months are EUR 6.375 billion, or EUR 408 million more than a year earlier.
The government's external debt at the end of July was 8.354 billion euros, or 12.7% of the GDP. For one year, the increase is 2.164 billion euros, or 35%.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Jean-François Dauphin, head of the IMF mission

Bulgaria can become part of the Eurozone in 2025, says IMF's Jean-Francois Dauphin

The head of the regular mission of the International Monetary Fund in Bulgaria, Jean-Francois Dauphin, has presented the results of the review of the Bulgarian economy and financial system . The fund's mission began on March 6 and ends today...

published on 3/19/24 4:32 PM

Inflation slows, says NSI

Monthly inflation was 0.3 per cent in February, the National Statistical Institute (NSI) said.  Bulgaria's annual consumer price index (CPI) recorded inflation of 3.3 per cent in February, down from 3.8 per cent in the previous month.  It was the 14th..

published on 3/14/24 1:50 PM

Preliminary NSI data put GDP growth at 1.8 per cent in 2023

Bulgaria's gross domestic product grew by 1.8 per cent to BGN 183.7 billion (EUR 93.9 billion) last year, according to preliminary data released by the National Statistical Institute. One person accounts for BGN 28 516 (EUR 14 580) of the total...

published on 3/8/24 1:30 PM