26.02.2021

The central government debt[1] as at end-January 2021 stood at BGN 28,955.4 million. Domestic debt amounted to BGN 5,982.3 million and external debt – to BGN 22,973.1 million.

At the end of the reporting period the central government debt/gross domestic product (GDP)[2] ratio was 23.2 %, with the share of domestic debt being 4.8 % and of external debt – 18.4 %. In the central government debt structure, domestic debt at the end of the period amounted to 20.7%, and external debt – to 79.3%.

            As of 31 January 2021, the central government guaranteed debt was BGN 227.8 million. Domestic guarantees amounted to BGN 72.3 million and external guarantees – to BGN 155.6 million. The central government guaranteed debt/GDP ratio is 0.2 %.

According to the official register of government and government guaranteed debt, kept by the Ministry of Finance on the grounds of Article 38, paragraph 1 of the Government Debt Law, at end-January 2021 the government debt reached BGN 27,504.3 million, being 22.1 % of GDP. Domestic debt amounted to BGN 5,643.6 million and external debt – to BGN 21,860.7 million. 

Government guaranteed debt in January 2021 amounted to EUR 1,718.2 million; domestic guarantees amounted to BGN 72.3 million, with the government guaranteed debt/ GDP ratio being 1.4 %.

The Bulletin is published in the Statistics Section/Central Government Debt and Guarantees Monthly Bulletin.

Note: In accordance with Article 36, para.3 of the Public Finance Law /in force from 01.01.2014
prom. SG, issue No 15 of 15.02.2013, amended SG No 95 of 8.12.2015; amended and supplemented, SG No SG No 43 of 7.06.2016, SG No 91 of 14.11.2017/, starting from June 2016, the Ministry of Finance publishes a Central Government Debt and Guarantees monthly bulletin. Information about the amount, structure and dynamics of the government and government guaranteed debt (undertaken under the procedure of the Government Debt Law), as published in the Government Debt bulletin until May 2016, is included in the attachment on page 11 of the new bulletin.

[1] Central government debt is the debt of the central government pursuant to Council Regulation (EC) No 479/2009 of 25/05/2009 on the application of the Protocol on the excessive deficit procedure annexed to the Treaty establishing the European Community. List of the entities which, in addition to public authorities and institutions, are included in the central government as per the European system of national and regional accounts in the Community (ЕСС 2010) as well as the Manual on government deficit and debt of Eurostat (the Commission) can be found ^HERE.

[2] Forecast data of  the Ministry of Finance.