Bulgaria - Government Budget Balance





Bulgaria: Government Budget Balance

Mnemonic GVBAL.IBGR
Unit Mil. BGN, NSA
Adjustments Not Seasonally Adjusted
Quarterly 14.2 %
Data 2023 Q3 -908.46
2023 Q2 -795.5

Series Information

Source National Statistics Institute (NSI) - Republic of Bulgaria
Release Non-Financial Accounts of General Government
Frequency Quarterly
Start Date 3/31/1999
End Date 9/30/2023

Bulgaria: Government

Reference Last Previous Units Frequency
Outstanding Public Debt Jan 2024 41,254 41,381 Mil. BGN, NSA Monthly
Outstanding Public Debt - Domestic Jan 2024 10,674 10,800 Mil. BGN, NSA Monthly
Outstanding Public Debt - Foreign Jan 2024 30,579 30,581 Mil. BGN, NSA Monthly
Gross External Debt Dec 2023 45,069 44,402 Mil. EUR, NSA Monthly
Government Budget Balance 2023 Q3 -908.46 -795.5 Mil. BGN, NSA Quarterly
Government Expenditures 2023 Q3 17,961 17,491 Mil. BGN, NSA Quarterly
Government Revenues 2023 Q3 17,053 16,695 Mil. BGN, NSA Quarterly

Release Information

Bulgaria has an obligation to provide statistical information to Eurostat regarding the quarterly transactions of sector General government in accordance to the European System of Accounts (ESA’2010). ESA 2010 is an internationally compatible accounting framework for a systematic and detailed description of the economy of a given country and its relations with other economies. ESA 2010 provides further development of existing concepts, definitions and accounting rules which allows countries (EU Member States) to produce comparable and reliable statistical information for their economies. ESA 2010 was introduced in September 2014 by all Member States.

The main source of statistical information on quarterly financial indicators general government accounts is the execution of the consolidated fiscal program provided by the Ministry of Finance. Reports on implementation of the consolidated fiscal program prepared in accordance with national budget classification. 

Statistical information on quarterly financial indicators of the government is developed by the National Statistical Institute (NSI) quarterly. It is published three months after the reporting period. Respective dates of publication of statistical information are listed in the Calendar presenting the results of the statistical surveys of NSI.

In September 2014, the source switched from ESA 1995 classification to ESA 2010.

The information found above was taken directly from the source, the National Statistical Institute - Republic of Bulgaria.  For more information, please check here.