Bulgaria - Government Budget Balance
Bulgaria: Government Budget Balance
| Mnemonic | GVBAL.IBGR | |
|---|---|---|
| Unit | Mil. EUR, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Monthly | 366.3 % | |
| Data | May 2026 | -652.54 |
| Apr 2026 | -139.94 | |
Series Information
| Source | Ministry of Finance |
| Release | Consolidated Fiscal Program [government budget, excerpt] |
| Frequency | Monthly |
| Start Date | 9/30/2002 |
| End Date | 5/31/2026 |
Bulgaria: Government
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Government Budget Balance | May 2026 | -652.54 | -139.94 | Mil. EUR, NSA | Monthly |
| Government Expenditures | May 2026 | 3,938 | 4,172 | Mil. EUR, NSA | Monthly |
| Government Revenues | May 2026 | 3,285 | 4,032 | Mil. EUR, NSA | Monthly |
| Outstanding Public Debt | May 2026 | 33,920 | 33,752 | Mil. EUR, NSA | Monthly |
| Outstanding Public Debt - Domestic | May 2026 | 8,685 | 8,477 | Mil. EUR, NSA | Monthly |
| Outstanding Public Debt - Foreign | May 2026 | 25,235 | 25,274 | Mil. EUR, NSA | Monthly |
| Gross External Debt | Apr 2026 | 66,718 | 69,264 | Mil. EUR, NSA | Monthly |
Release Information
For Bulgaria, fiscal operations (budget, revenue, expenditure) of the central and the local government sectors. The consolidated budget comprises the national budget and EU funds.
Active:
- Frameworks:
- ESA 2010
- GFSM 2001
- Measurement: Millions of euros (Mil. EUR)
- Cumulation: Year to date (YTD)
- Adjustment: Not seasonally adjusted (NSA)
- Native frequency: Monthly
- Start date: Uniformly 2026m1
Predecessor:
- In BGN - 2002m8 to 2025m12
Global concept aliases:
- GVBAL
- GVREV
- GVEXT
The data is provided by the Ministry of Finance, Bulgaria.
Government finance statistics compiled in accordance with GFS 86 standards record transactions on a cash basis.
Central government covers operations of budgetary, extra budgetary and social security funds’ accounts of the budgetary units at the central level.
Local government includes operations of budgetary and extra-budgetary accounts of the municipalities.
EU funds include pre- accession funds, structural funds, the cohesion fund (managed by the national fund), and also European agricultural fund for rural development and European fisheries fund (managed by payment agency for common agriculture policy). The national co-financing is included.
Government transactions are classified into broad categories under revenues and expenditures.
Total revenue include revenue and grants. Revenue are tax and non tax.
Grants are unrequited receipts from other government or international institutions.
Total expenditures include the main categories of public expenditures such as wages and salaries, social and health insurance contributions, maintenance of goods & services, interest payments, social expenditure, scholarships, subsidies and capital expenditures.
Moody's Analytics supplements
As of 2026, we start with two as-reported series (revenue and expenditure) in EUR YTD NSA analytic form. We back-extend using the BGN predecessor values. We compute budget balance (revenue less expenditure). For all three, we construct non-YTD (discrete) NSA counterparts, and then non-YTD SA counterparts.
Further reading
At Eurostat:
At IMF (SDDS Plus):
- Fiscal sector: General government operations - quarterly - Financial (Jan 2026)
- Oct 2012 - Initial version.
- Jan 2014 - Addendum of non-YTD supplement.
- 23 Apr 2026, Phillip Thorne - Change in currency: Properties, Moody's Analytics supplements, Further reading.