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Bulgaria reports 3% GDP growth and 29.9% debt-to-GDP ratio for 2025
Bulgaria's economy grew by a real rate of 3% in 2025, reaching a gross domestic product (GDP) of approximately 116.55 billion euros, according to updated data from the National Statistical Institute (NSI). The services sector remains the primary economic driver, accounting for 73.1% of added value, with significant growth in construction (6.8%), professional services (6.5%), and information technology (6.1%). Conversely, the industrial sector saw a decline of 5%.
Regarding public finances, Bulgaria's government debt reached 34.797 billion euros (68.057 billion BGN) by the end of 2025, representing 29.9% of the GDP. This marks an increase from 23.8% in 2024. The government sector also reported a budget deficit of 4.664 billion euros, or 4.0% of the GDP, exceeding the European Union's 3% reference threshold. The deficit in the central government subsector accounted for 3.9% of the GDP.
Additionally, Eurostat data indicates that Bulgaria experienced the highest annual increase in fuel and lubricant prices within the EU, with prices rising by 42.2% compared to September 2025.
Entities
Bulgaria · Bulgarian National Bank · Daniela Vezieva · European Union · Eurostat · National Statistical Institute