Bank concentration in Bulgaria

Bulgaria: Bank concentration was 64.0% in 2021. ▼ Falling

Latest (2021)
64.0%
Change on year
up 7.7%
World rank
112th
of 170 countries
All-time high
70.9%
in 2000
All-time low
43.7%
in 2005
Years of data
22
2000–2021

Bank concentration in Bulgaria, 2000–2021

0204060802000201020212000: 70.9 %2001: 65.2 %2002: 60.3 %2003: 60.5 %2004: 51.4 %2005: 43.7 %2006: 44.1 %2007: 56.9 %2008: 54.1 %2009: 58.3 %2010: 49.3 %2011: 46.5 %2012: 44.2 %2013: 44 %2014: 49.6 %2015: 56.4 %2016: 56.3 %2017: 49.4 %2018: 52.6 %2019: 57.2 %2020: 59.4 %2021: 64 %

Source: Bankscope, Bureau van Dijk (BvD). Measured in %.

Analysis

The most recent figure for bank concentration in Bulgaria is 64.0%, measured in 2021.

Compared with earlier readings it is up 7.7% on the previous year and up 37.7% over ten years.

Over the whole period, bank concentration in Bulgaria peaked at 70.9% in 2000 and was at its lowest, 43.7%, in 2005.

Bulgaria ranks 112th of 170 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Bank concentration in Bulgaria, year by year

Annual values for Bank concentration (%) in Bulgaria, 2000 to 2021.
Year % Change
2000 70.9%
2001 65.2% -7.9%
2002 60.3% -7.6%
2003 60.5% +0.4%
2004 51.4% -15.2%
2005 43.7% -15.0%
2006 44.1% +1.0%
2007 56.9% +29.1%
2008 54.1% -5.0%
2009 58.3% +7.7%
2010 49.3% -15.5%
2011 46.5% -5.7%
2012 44.2% -4.9%
2013 44.0% -0.5%
2014 49.6% +12.9%
2015 56.4% +13.6%
2016 56.3% -0.2%
2017 49.4% -12.2%
2018 52.6% +6.5%
2019 57.2% +8.8%
2020 59.4% +3.7%
2021 64.0% +7.7%

Bulgaria compared with similar countries

  • Bulgaria's 64.0% is below the median for high income countries, which is 73.1%, 88% of the median. (63 countries reporting)
  • Bulgaria's 64.0% is below the median for Europe & Central Asia, which is 68.9%, 93% of the median. (50 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 56.5% 43.7% 70.9% 10
2010s 50.5% 44.0% 57.2% 10
2020s 61.7% 59.4% 64.0% 2

Countries ranked near Bulgaria

  1. 109 Afghanistan 65.1% compare
  2. 110 Austria 64.8% compare
  3. 111 Guatemala 64.7% compare
  4. 113 Oman 63.9% compare
  5. 114 Ukraine 63.6% compare
  6. 115 Czechia 63.2% compare

See the full ranking of 170 places →

More financial sector data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is bank concentration in Bulgaria?
Bank concentration in Bulgaria was 64.0% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank concentration recorded in Bulgaria?
The highest recorded value was 70.9% in 2000.
What is the lowest bank concentration recorded in Bulgaria?
The lowest recorded value was 43.7% in 2005.
How does Bulgaria rank for bank concentration?
Bulgaria ranks 112th out of 170 countries with data for 2021.
Is bank concentration rising or falling in Bulgaria?
Over the last ten years it is up 37.7%. The long-run trend across the full record is falling.
Where does this Bulgaria data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.

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Bank concentration in Bulgaria. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 22 September 2026, from https://financial-sector.statizoid.com/stat/bank-concentration-percent/bulgaria/

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About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,314 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.