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Government Finance of Bulgaria

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

11.3% 9.5% 29.1% 48.3%
  • Personal income taxes: 11.3%
  • Corporate income taxes: 9.5%
  • Social security contributions: 29.1%
  • Property taxes: 1.7%
  • Goods and services taxes: 48.3%
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Personal income taxes
11.3%
Corporate income taxes
9.5%
Social security contributions
29.1%
Property taxes
1.7%
Goods and services taxes
48.3%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 28.2% #155 / 184 2026
Government Gross Debt (Local currency - BGN) 35.4B - 2026
Government Net Debt (% of GDP) 21% #74 / 86 2026
Government Net Debt (Local currency - BGN) 26.4B - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -3.3% #101 / 189 2026
Fiscal Balance (Local currency - BGN) -4.11B - 2026
Primary Fiscal Balance (% of GDP) -2.6% #134 / 182 2026
Primary Fiscal Balance (Local currency - BGN) -3.28B - 2026

Revenue and Spending

Government Revenue (% of GDP) 34.5% #56 / 189 2026
Government Revenue (Local currency - BGN) 43.4B - 2026
Government Spending (% of GDP) 37.8% #59 / 189 2026
Government Spending (Local currency - BGN) 47.5B - 2026

International Reserves

Total Reserves (USD) 43.7B #47 / 163 2024

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