In 2024, the government deficit and debt of the EU decreased in relative terms compared to 2023. In the EU, the government deficit to GDP ratio decreased from -3.5% in 2023 to -3.2% in 2024. The government debt to GDP ratio in the EU increased from 80.8% in 2023 to 81.0% at the end of 2024.
According to preliminary data in 2024 were reported revenues of the ‘General government’ sector amounting to BGN 74 513.02 million and expenditures amounting to BGN 80 671.22 million.
The data of the ‘General Government’ sector are developed using the reports on the implementation of the consolidated fiscal program provided by the Ministry of Finance, as well as assessments of the government enterprises reclassified in the sector.
Detailed data can be found on the NSI website under the heading 'Government Finance Statistics'.
For the fourth quarter of 2024 the reported Net lending (+)/net borrowing (-) are as follows:
The quarterly non-financial accounts of the ‘General Government’ and ‘Rest of the World’ sectors present, on the basis of national accounts, the economic activity of the government and non-resident units in a manner comparable to other European countries, according to the European System of National Accounts 2010. For this purpose, tables showing revenues and expenses of the ‘General Government’ and ‘Rest of the World’ sectors are developed.
The ‘State Government’ sector data are derived by using the reports on the implementation of the consolidated fiscal program provided by the Ministry of Finance, as well as estimates of the government units requalified in the sector.
‘Rest of the World’ sector data is developed using the Balance of Payments provided by the Bulgarian National Bank, as well as estimates developed by the National Statistical Institute.
Detailed data can be found on the NSI website under the topic 'Non-financial national accounts by institutional sectors'.
In the fourth quarter of 2024, revenues of the ‘General government’ sector amounting to BGN 21 979.63 million and expenditures amounting to BGN 23 648.68 million were reported.
The data of the ‘General Government’ sector are developed using the reports on the implementation of the consolidated fiscal program provided by the Ministry of Finance, as well as assessments of the government enterprises reclassified in the sector.
Detailed data can be found on the NSI website under the heading 'Government Finance Statistics'.
Preliminary data on Government Deficit/Surplus and Debt for the General Government sector for 2024 have been published. The deficit of the General Government sector for 2024 amounted to -6 158 million BGN or -3.0 % of the Gross domestic product (GDP).
The debt of the General Government sector for 2024 amounted to 48 846 million BGN or 24.1 of GDP.
The statistical data on the activities of the General Government institutional sector, including data on debt and deficit/surplus, is compiled using the harmonized EU methodology.
In 2023, emissions of sulphur oxides and nitrogen oxides, non-methane volatile organic compounds, methane, carbon monoxide, carbon dioxide, ammonia and fine particulate matter decreased compared to 2022. Emissions of sulphur oxides and carbon dioxide are 44 thousand tons and 34.5 million tons, respectively. Compared to 2022, the largest decrease was observed in emissions of sulphur oxides - 36%, and carbon dioxide - 26%, which is due to a decrease in the amount of fuels used in the energy sector.
According to data from the Household Budget Survey, the annual total income average per capita was 12 857 BGN in 2024, there was an increase of 18.5% compared to 2023.
Bulgarian households spent an average of 11 712 BGN per capita in 2023, or 16.6% more compared to 2023.
In 2024, there were changes in the consumption of basic food products on average per person compared to 2023. The consumption of bread and paste products and of potatoes decreased. The biggest increase was in the consumption of soft drinks, fruit, and meat.
In the first quarter of 2025, the newly registered legal entities in the country were 12 207, and those declared bankrupt - 1 091. Compared to the fourth quarter of 2024, total number of newly registered increased by 9.5%, and that of bankruptcies decreased by 6.4%. Compared to the same quarter of 2024, the total number of newly registered decreased by 0.2%, and that of bankruptcies increased by 10.0%.
In March 2025, the monthly inflation rate, measured by the Consumer Price Index (CPI), was 0.2% compared to the previous month, and the annual inflation rate in March 2025, compared to March 2024, was 4.0%.
In March 2025, compared to the previous month, the highest increase was registered in the following groups: ‘Communications’ (+1.3%), ‘Health’ (+0.9%), ‘Miscellaneous goods and services’ (+0.8%), ‘Restaurants and hotels’ (+0.8%) and ‘Food and non-alcoholic beverages’ (+0.6). A decrease in the prices was recorded in the following groups: ‘Recreation and culture’ (-2.7%), ‘Transport’ (-0.7%) and ‘Clothing and footwear’ (-0.6%).
The monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), was 0.3% and the annual inflation rate was 4.0%.
According to the second estimate of Economic Accounts for Agriculture, the final output of the agricultural 'industry' at basic prices in 2024 amounted to 9 718.9 million BGN, which was 7.9% less than in the previous year. The decrease was the result of both a drop in volumes - by 3.2%, and a decline in prices - by 4.9%, compared to 2023.
The value of means of production currently consumed in agriculture amounted to 5 684.7 million BGN, which was 10.4% lower than the previous year. The decrease was due to the drop in the volumes - by 7.6%, and the decrease in prices - by 3.0%.
The gross value added at basic prices produced in agriculture was estimated at 4 034.2 million BGN and was 4.4% lower compared to the previous year.
The net operating surplus/mixed income amounted to 3 393.5 million BGN and decreased by 6.0% on an annual basis.
According to the second estimate of Economic Accounts for Agriculture for 2024, the net entrepreneurial income in agriculture reached 964.3 million BGN, decreasing by 1.1% compared to the previous year.
Detailed data can be found on the NSI website under the heading 'Economic accounts for agriculture'.