30.09.2020

As at end-August 2020, central government debt^[1] stands at BGN 24,295.9 million. Domestic debt amounts to BGN 5,986.5 million and external debt – to BGN 18,309.4 million.

At the end of the reporting period the central government debt-to-gross domestic product (GDP) ratio^[2] is 20.7%, with the share of domestic debt being 5.1% and of external debt – 15.6% of GDP. In the central government debt structure, at the end of the period domestic debt account for 24.6%, and external debt – to 75.4%.

As of 31 August 2020, central government guaranteed debt amounts to BGN 177.5 million. Domestic guarantees amount to BGN 72.9 million and external guarantees – to BGN 104.6 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(1) of the Government Debt Law, at end-August 2020 government debt reaches BGN 22,812.7 million, or 19.4% of GDP. Domestic debt amounts to BGN 5,643.6 million and external debt – to BGN 17,169.1 million. 

Government guaranteed debt amounts to BGN 1,703.8 million in August 2020, domestic guarantees amount to BGN 72.9 million, with the government guaranteed debt-to-GDP ratio being 1.5%.

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

Note: In accordance with Article 36(3) of the Public Finance Law /in force as from 01.01.2014 SG, issue No 15 of 15.02.2013, amended SG, issue No 95 of 8.12.2015, amended and supplemented SG, issue No 43 of 7.06.2016, SG, issue 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 government and government guaranteed debt/assumed under the procedure of the Government Debt Law/, as published in the Government Debt bulletin until May 2016, is included on page 11 of the new edition. 

^[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. The list of the units included in the central government sub-sector in addition to government bodies and institutions as per the European System of National and Regional Accounts in the Community (ESA 2010) and the Eurostat Manual on Government Debt and Deficit (EC) can be found HERE.

^[2] Forecast data of the Ministry of Finance.