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Date stated in the original: 7 January 2015. Review note: 6 November 2026.

The text of the original article

BULGARIA: PUBLIC-DEBT-TO-GDP RATIO 23.1%—image from the original website

Bulgaria’s public debt stood at €9,597.7 million at the end of November 2014, according to Ministry of Finance data.

Bulgaria’s domestic debt amounts to €4,018.1 million and its external debt to €5,579.6 million.

At the end of the reporting period, the ratio of public debt to gross domestic product (GDP) was 23.1%.

As regards the structure of public debt, domestic debt accounted for 41.9% and external debt for 58.1%.

The global economic crisis also led to an increase in public debt in 2014 compared with 2013, as in all other EU countries.

Nevertheless, in terms of public debt, Bulgaria remains third among the Union’s 28 countries, after Estonia and Luxembourg. According to Eurostat, only 12 of the 28 Member States meet the budgetary requirements with a debt-to-GDP ratio below 60%.