Bulgaria Government Debt To GDP

Bulgaria recorded a Government Debt to GDP of 18.90 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Bulgaria is reported by the Eurostat. Government Debt To GDP in Bulgaria averaged 34.29 Percent from 1999 until 2013, reaching an all time high of 77.60 Percent in 1999 and a record low of 13.70 Percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Bulgaria Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
18.90 18.40 77.60 13.70 19.37 | 2014/06 1999 - 2013 Percent Yearly

TO

Bulgaria Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 18.90 2013-12-31 18.40 77.60 13.70 19.37 2014-06-30 Percent [+]
Government Budget -1.50 2013-12-31 -0.80 1.90 -4.30 -1.66 2014-06-30 Percent of GDP [+]
Government Budget Value -688222.00 2014-02-28 -373260.00 5039409.00 -2783417.00 -406105.09 2014-06-30 BGN THO [+]
Credit Rating 54.24 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Bulgaria Balance of Trade at -391.30 Million BGL  
Bulgaria recorded a trade deficit of 391.30 Million BGL in February of 2014. Balance of Trade in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Current Account at -107.30 EUR Million  
Bulgaria recorded a Current Account deficit of 107.30 EUR Million in February of 2014. Current Account in Bulgaria is reported by the Bulgarian National Bank.
Bulgaria Capital Flows at 267.50 EUR Million  
Capital Flows in Bulgaria increased to 267.50 EUR Million in February of 2014 from 187.60 EUR Million in January of 2014. Capital Flows in Bulgaria is reported by the Bulgarian National Bank.
Bulgaria Capacity Utilization at 68.00 Percent  
Capacity Utilization in Bulgaria increased to 68 percent in the first quarter of 2014 from 67.70 percent in the fourth quarter of 2013. Capacity Utilization in Bulgaria is reported by the European Commission.
Bulgaria Consumer Confidence at -34.80  
Consumer Confidence in Bulgaria increased to -34.80 in the first quarter of 2014 from -40.70 in the fourth quarter of 2013. Consumer Confidence in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Changes in Inventories at 112.33 BGN Million  
Changes in Inventories in Bulgaria increased to 112.33 BGN Million in the fourth quarter of 2013 from 36.27 BGN Million in the third quarter of 2013. Changes in Inventories in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Construction Output at 5.40 Percent  
Construction output in Bulgaria increased 5.40 percent in February of 2014 over the same month in the previous year. Construction Output in Bulgaria is reported by the Eurostat.
Bulgaria Consumer Price Index (CPI) at 6561.09 Index Points  
Consumer Price Index (CPI) in Bulgaria decreased to 6561.09 Index Points in March of 2014 from 6576.41 Index Points in February of 2014. Consumer Price Index (CPI) in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Employed Persons at 2931.60 Thousand  
The number of employed persons in Bulgaria decreased to 2931.60 Thousand in the fourth quarter of 2013 from 3012.90 Thousand in the third quarter of 2013. Employed Persons in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Exports at 3221.60 Million BGL  
Exports in Bulgaria increased to 3221.60 Million BGL in February of 2014 from 3099.60 Million BGL in January of 2014. Exports in Bulgaria is reported by the National Statistical Institute, Bulgaria.
MORE RELATED NEWS

LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News