The Debt of Bulgaria for 2017 Amounts to BGN 25,064 Million

Business » FINANCE | April 23, 2018, Monday // 15:52| Views: | Comments: 0
Bulgaria: The Debt of Bulgaria for 2017 Amounts to BGN 25,064 Million Source: Pixabay

According to preliminary data of the National Statistical Institute in 2017, the institutional sector "General government" reports a budget surplus of BGN 920 million or 0.9% GDP, NSI reported.

The surplus in the central government sub-sector amounted to BGN 727 million, or 0.7% of GDP. The local government sub-sector has realized a surplus of BGN 256 million and the Social Security Funds sub-sector - a deficit of BGN 63 million.

The debt of Bulgaria in 2017 amounts to BGN 25,064 million, or 25.4% of GDP. The statistical information on the activities of the institutional sector "General government", including debt, deficit and surplus, is prepared according to a harmonized EU methodology. 

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