National Statistics: State debt for 2022 is over BGN 37.85 billion, deficit is 2.9% of GDP

According to final data from the National Statistical Institute published on October 23, the General Government Institutional Sector reported in 2022 a deficit of 4 859 million BGN, or 2.9% of GDP.

The deficit in the Central Government sub-sector amounted to 4 678 million BGN, or 2.8% of GDP. The Local Government sub-sector reported a surplus of 442 million BGN, and the sub-sector Social Security Funds reported a deficit of 623 million BGN.

The Government Debt of Bulgaria for 2022 is 37 850 million BGN, or 22.6% of GDP