site.btaBulgaria's Debt for 2022 Amounts to 22.6% of GDP

Bulgaria's debt for 2022 amounted to BGN 37,850 million or 22.6% of GDP, according to final data by the National Statistical Institute (NSI), released on Monday. Preliminary NSI data released in the second half of April indicated that the country's debt amounted to BGN 37,848 million or 22.9% of GDP.

The final NSI data show that in 2022 the institutional sector General Government reported a budget deficit of BGN -4,859 million, or -2.9% of GDP. The deficit in the Central Government subsector was in the amount of BGN -4,678 million, or -2.8% of GDP. The Local Government sub-sector realized a surplus of BGN 442 million, and the Social Insurance Funds sub-sector had a deficit of -623 million BGN.

The NSI preliminary data from April indicated that the General Government sector recorded a budget deficit of -4,648 million BGN, or -2.8% of GDP. The deficit in the Central Government subsector was in the amount of BGN -4,457 million, or -2.7% of GDP. The Local Government sub-sector realized a surplus of BGN 424 million, and the Social Insurance Funds sub-sector had a deficit of -614 million BGN.