OECD: Strong Consumption and Rising Incomes Keep Bulgaria’s GDP On Track
The latest assessment from the Organisation for Economic Co-operation and Development suggests that Bulgaria will maintain solid economic momentum this year
PM Borissov - The State Is Making Sure that the Next Generations Won't Be Burdened with Debt
- Tweet
Send to Kindle
novinite.bg
According to final data from the National Statistical Institute, in 2018 the institutional sector "General Government" reports a budget surplus of BGN 1 921 million, or 1.8% of GDP. This was reported by the National Statistical Institute (NSI). Prime Minister Borissov also published the details on his Facebook profile and stressed that the state is keeping its commitment to future generations not to be burdened with debt.
The central government sub-sector surplus amounts to BGN 1 667 million, or 1.5% of GDP. The Local Government sub-sector generated a surplus of BGN 150 million and the Social Security Funds sub-sector - a surplus of BGN 104 million.
Bulgaria's debt for 2018 amounts to BGN 24 431 million, or 22.3% of GDP, NSI reported.
Statistical information on the activities of the institutional sector Government, including debt, deficit and surplus, is compiled according to a harmonized EU methodology. Each Member State by Regulation provides Eurostat with preliminary data on the deficit / surplus and debt for the reporting year as of 31.03. of the next year and final data - as of 30.09. next year.
Related Articles:
Bulgaria: Modest 0.7 Percent Growth in GDP per Employee in the Third Quarter
The latest preliminary figures from the National Statistical Institute show that Bulgaria’s gross domestic product per employee rose in real terms by 0.7 percent in the third quarter of 2025
Business | December 7, 2025, Sunday // 10:05
Bulgaria’s Wealthiest Regions Revealed: Where Income and Investment Soar
Sofia remains the leading region in Bulgaria in terms of economic development, according to the 2025 IME study "Regional Profiles: Development Indicators"
Business | December 1, 2025, Monday // 08:17
Bulgaria: Household Lending Outpaces Deposits in October, Central Bank Reports 21% Growth in Loans
New BNB figures for October 2025 show that lending to households continues to rise at a noticeably faster pace than deposits
Bulgaria Spends Nearly 20% of GDP on Social Benefits - But Still Lags Behind the EU Average
Bulgaria devotes nearly 20% of its GDP to social programs and assistance
Society | November 20, 2025, Thursday // 10:12
Bulgaria’s GDP Skyrockets 600% Over 20 Years, Outpacing EU Average
Over the past two decades, the economic growth in Bulgaria has been remarkable
WCC-DB: “The Government’s Second Attempt at a State Budget Is Even Worse — This Draft Belongs in the Trash”
The government is making a second clumsy attempt to introduce the state budget.
Eurostat: People with Disabilities in Bulgaria Face the Harshest Living Conditions in the EU
People with disabilities in Bulgaria face the most severe difficulties in the entire European Union, alongside Greece
Doctors’ Union: The BGN 2.90 Fee for a Medical Consultation is like for a Street Musician
The current patient fee for a medical consultation has lost its purpose and no longer serves its intended functions, according to Bulgarian Medical Association (BMA) chairman Dr.
Brussels Issues Unofficial Warning: Euro Adoption May Be Halted if Referendum Proceeds
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
Borissov Loses Patience: Political Bargaining Over Key Positions and Budget 2025
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Toll Cameras in Bulgaria Now Track Speeding Violations
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
