Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria's foreign debt is growing

Bulgarian National Bank
Photo: Ani Petrova, BNR

Bulgaria's gross external debt at the end of July 2021 was EUR 40.527 billion. This is 61.7% of the country's GDP, the Bulgarian National Bank announced. For a year, the debt has grown by almost 3 billion euros and includes both government and private sector liabilities.

Long-term liabilities - at the end of July amounted to over 34 billion euros and in one year have increased by 2.5 billion euros. The short-term repayment liabilities in the next 12 months are EUR 6.375 billion, or EUR 408 million more than a year earlier.
The government's external debt at the end of July was 8.354 billion euros, or 12.7% of the GDP. For one year, the increase is 2.164 billion euros, or 35%.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Families are taking out more quick loans to cover consumer expenses

For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..

published on 8/19/24 8:50 AM

Natural gas prices are expected to decrease by 2% in September

Natural gas prices are expected to decrease by around 2% in September, according to a forecast by Bulgargaz. This is clear from the request submitted to the Energy and Water Regulatory Commission (EWRC). The company informs that next month, the..

published on 8/17/24 2:47 PM

Unemployment in Bulgaria has dropped by 7.6% on an annual basis

The unemployment rate in Bulgaria stood at 5.41% in July, the National Employment Agency says. 152,844 is the number of unemployed persons registered last month, and 14,542 started work. An increase in the number of job vacancies has been..

published on 8/16/24 2:29 PM