|Indicators||ESA 2010 codes||2019|
|Net lending (+)/ net borrowing (-)||B.9|
|General government||S.13||2 470|
|- Central government||S.1311||2 349|
|- Local government||S.1313||-146|
|- Social security funds||S.1314||266|
|General government consolidated gross debt|
|Level at nominal value outstanding at end of year||24 205|
|Currency and deposits||AF.2||M|
|Debt securities||AF.3||18 001|
|General government expenditure on:|
|Gross fixed capital formation||P.51g||3 759|
M - category not applicable
Government deficit/surplus and debt levels by sub-sectors of General Government
National Statistical Institute
|Contact organisation unit|
"Financial National Accounts" Department
|Contact person function|
Head of Department
|Contact mail address|
2, P. Volov Str.; 1038 Sofia, Bulgaria
|Contact email address|
|Contact phone number|
+359 2 9857 516
+359 2 9857 708
|Contact fax number|
|Metadata last certified||22 April 2020|
|Metadata last posted||22 April 2020|
|Metadata last update||22 April 2020|
The deficit /surplus of the sector "General Government" and the debt are important indicators, which are used for assessing the fiscal position of the government sector. They form a part of convergent criteria for membership in European Economic and Monetary Union (e.g. Maastricht criteria). The level of deficit / surplus and debt of the General Government are measured with net borrowing (-) / net lending (+). General government consolidated gross debt is in nominal value and its due in the end of the year. The indicator is presented by financial instruments categories.
· European System of Accounts, 2010 (ESA 2010);
· ESA 2010 Manual on government deficit and debt.
In accordance of ESA 2010 General Government sector consists of three sub-sectors: Central Government, Local Government and Social Security Funds.
|Statistical concepts and definitions|
Data on deficit and debt of sector "General Government" have been developed in accordance with the Manual of Government deficit and debt, Council Regulation (EC) 479/2009 on the application of the Protocol on the excessive deficit procedure (EDP) and Council Regulation (EU) No 679/2010 of 26 July 2010 amending Regulation (EC) No 479/2009 as regards the quality of statistical data in the context of the excessive deficit procedure, Commission Regulation (EU) No 220/2014 of 7 March 2014 amending Council Regulation (EC) No 479/2009 as regards references to the European system of national and regional accounts in the European Unionas, as well as Commission Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts
The statistical unit is an institutional unit as defined in ESA'2010. The institutional units are grouped to general government sector and its sub-sectors.
General Government sector and its three sub-sectors: Central Government, Local Government and Social Security Funds.
Republic of Bulgaria
2016 - 2019
|Unit of measure|
|Legal acts and other agreements|
• Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union
· Council Regulation (EC) No 479/2009 of 25 May 2009 on the application of the Protocol on the excessive deficit procedure annexed to the Treaty establishing the European Community ;
· Council Regulation (EU) No 679/2010 of 26 July 2010 amending Regulation (EC) No 479/2009 as regards the quality of statistical data in the context of the excessive deficit procedure ;
• Commission Regulation (EU) No 220/2014 of 7 March 2014 amending Council Regulation (EC) No 479/2009 as regards references to the European system of national and regional accounts in the European Union
Data sharing is determined by a Memorandum of Cooperation in the field of Government Finance Statistics between National Statistical Institute, Bulgarian National Bank and Ministry of Finance.
|Confidentiality - policy|
· Law on Statistics, Article 25;
· Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.
|Confidentiality - data treatment|
Data are treated as confidential during the validation process from Eurostat, until the news release.
The date for publication of statistical information is shown in the Release Calendar presenting the results of the statistical surveys carried out by the National Statistical Institute. Statistical information about the deficit and debt of sector General Government is provided to Eurostat and published on the NSI website twice a year (preliminary data in April and the final - in October).
|Release calendar access|
The calendar is available on the NSI website: http://www.nsi.bg/en/node/480
Data are published on NSI website, section Government Finance Statistics in accordance with the Statistics Act and the European Statistics Code of Practice, respecting professional independence and objectivity to transparency, in which all users are treated equitably.
|Frequency of dissemination|
The statistical information of deficit and surplus of the General Government sector is provided to EUROSTAT and published at the website of National Statistical Institute (NSI) twice a year (preliminary data in April and final data in October).
|Accessibility and clarity|
The press releases are published on the NSI website.
Detailed information is available for all users at the NSI website under section Government Finance Statistics, Government deficit/surplus and debt levels by sub-sectors of General Government: http://www.nsi.bg/en/node/5287
|Documentation on methodology|
· EDP Consolidated Inventory of Sources and Methods (Bulgaria);
· ESA'2010 Manual on Government Deficit and Debt;
· European System of Accounts ( ESA 2010).
Quality of data is assured by adherence to the ESA'2010 and ESA'2010 Manual on Government Deficit and Debt and by the validation of data by Eurostat.
All required data are available.
|Accuracy and reliability|
|Timeliness and punctuality|
According to Council Regulation 479/2009 as amended the statistical information on deficit and surplus of the General Government sector should be provided to Eurostat twice a year: preliminary data before 1 April and final data before 1 October.
Terms under previous item are strictly followed.
|Coherence and comparability|
Consistency with tables in ESA 2010 transmission program.
|Comparability - geographical|
|Comparability - over time|
|Coherence - cross domain|
Consistency with tables in ESA 2010 transmission program.
|Coherence - internal|
|Cost and burden|
|Data revision - policy|
Adherence to Eurostat revision policy.
|Data revision - practice|
Adherence to Eurostat revision policy.
Main data sources to compilation a notification tables are:
· reports of cash implementation of the consolidated state budget and individual budgetary entities;
· trial balances of the subsectors of General Government;
· the financial statements of the institutional units which are included in addition to sector "General Government" (government-owned hospitals, FLAG and other non-financial enterprises);
· statistical information on the issued and used compensatory instruments provided by the Central Depository.
|Frequency of data collection|
Twice per year.
Exhaustively for all units of General Government sector.
Data are validated by Eurostat.
The information on deficit/ surplus and debt is based on the main data sources and additional calculation is applied according to accepted by member states definition and methodological rules regarding coverage and estimation of transaction for General Government sector, according to developed by EUROSTAT Manual for Deficit and Debt. The information on deficit / surplus and debt of the General Government sector, is different from this in national methodology mainly that the transactions of the sector are reported on accrual bases and the influence of the amount received from European Union is eliminated.
Monday, 22 April 2013 - 11:00
On the basis of preliminary data of the National Statistical Institute the General Government Sector reported in 2012 government deficit of 624 Million BGN or 0.8% of GDP.
The Government Debt of Bulgaria for 2012 is 14 390 Million BGN or 18.5% of GDP.
Monday, 22 October 2012 - 11:00
On the basis of final data of the National Statistical Institute the General Government Sector reported in 2011 government deficit of 1 535 Million BGN or 2.0% of GDP. The Government Debt of Bulgaria for 2011 is 12 290 Million BGN or 16.3% of GDP.
Monday, 23 April 2012 - 11:00
On the basis of preliminary data of the National Statistical Institute the General Government Sector reported in 2011 government deficit of 1 576 million BGN or 2.1% of GDP.
The Government Debt of Bulgaria for 2011 is 12 293 million BGN or 16.3 % of GDP.
Friday, 21 October 2011 - 11:00
On the basis of final data of the National Statistical Institute the General Government Sector reported in 2010 government deficit of 2 208.0 million BGN or 3.1% of GDP.
The Government Debt of Bulgaria for 2010 is 11 458.8 million BGN or 16.3% of GDP.
Tuesday, 26 April 2011 - 11:00
On the basis of preliminary data of the National Statistical Institute the General Government Sector reported in 2010 government deficit of 2 269.2 million BGN or 3.2 % of GDP.
The Government Debt of Bulgaria for 2010 is 11 427.8 million BGN or 16.2% of GDP.
Friday, 22 October 2010 - 11:00
On the basis of final data of the National Statistical Institute the General Government Sector reported in 2009 government deficit of 3 210.7 million BGN or 4.7% of GDP.
The Government Debt of Bulgaria for 2009 is 10057 million BGN or 14.7% of GDP.
Statistical Yearbook 2008
The National Statistical Institute has the pleasure to submit to the attention of national and foreign users of statistical information the 76th edition of the Statistical Yearbook of the Republic of Bulgaria 2008. It provides topical statistical information on the demographic, economic and social development of the country for the 2002 - 2007 period in different territorial and classification aggregations and breakdowns.
Main macroeconomic indicators 2007