🇧🇬 Bulgaria
Public Sector Debt · 2026
Total Debt
29.4%
of GDP
Global Rank
#170
of 192
S&P Rating
BBB
Credit rating
SOE Debt
+5.6%
4 categories
Where the Debt Sits
Central Government
Central Government: 23.8%Dev Banks: 2.0%Energy SOEs: 3.0%Infrastructure: 0.5%Public Corps: 0.1%
Full Debt Breakdown
Central Government23.8% of GDP
Central GovernmentEurostat — Government Debt (Maastricht)
23.8%Energy SOEs3.0% of GDP
BEH (energy holding)BEH financialsBGN 8.8B revenue
3.0%Infrastructure SOEs0.5% of GDP
BDZ (railways)BDZ financialsState railways
0.5%Public Corporations0.1% of GDP
Bulgarian PostsBulgarian PostsState postal
0.1%Development Banks2.0% of GDP
BDB (development bank)IMF / BDBBGN 7B state recapitalization planned
2.0%Total Corporate Debt33.6% of GDP
NF corporate debt (est.)WB WDI 2020
33.6%Household Debt18.1% of GDP
Household debt (est.)WB WDI 2020
18.1%All Layers Total81.1%
Credit Ratings
S&P
BBB
Moody's
Baa1
Fitch
BBB+
Data Sources
Eurostat — Government Debt (Maastricht)general_government · Updated semi_annual
Dec 202423.8% GDP
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