site.btaGeneral Government’s Gross External Debt at EUR 13,138 Mln in End-October, Up EUR 4 Bln in One Year

Bulgaria's gross external debt amounted to EUR 47,112.6 million (46.2% of GDP) at the end of October, growing by EUR 4,988.9 million (11.8%) from the same time last year, the Bulgarian National Bank reported on Monday.

Short-term liabilities equalled EUR 7,914.8 million (16.8% of the total debt, 7.8% of GDP), growing by EUR 559.6 million (7.6%) from end-October 2023. Long-term liabilities totalled EUR 39,197.8 million (83.2% of the total debt, 38.4% of GDP) at end-October 2024, which is an increase by EUR 4,429.3 million (12.7%) year on year.

At the end of this October, 77.4% of gross external liabilities were denominated in EUR, compared with 78.3% at end-October 2023.

The general government’s gross external debt totalled EUR 13,138 million (12.9% of GDP), up by EUR 4,068.2 million (44.9%) from end-October 2023.

The external liabilities of the central bank stood at EUR 2,087.5 million (2% of GDP), growing by EUR 15.4 million (0.7%) from end-October 2023.

The external liabilities of other monetary and financial institutions amounted to EUR 6,355.1 million (6.2% of GDP), which is an increase by EUR 722.6 million (12.8%) from end-October 2023.

Other sectors’ external debt equalled EUR 12,326.6 million (12.1% of GDP), rising by EUR 349 million (2.9%) from the end of October 2023.

The stock of intercompany lending amounted to EUR 13,205.4 million (12.9% of GDP) at end-October 2024, decreasing by EUR 166.2 million (1.2%) the same time last year. It held the largest share in external debt: 28% at end-October 2024, compared with 31.7% at the end of October 2023.