Bank Z-score in Bulgaria

Bulgaria: Bank Z-score was 7.87 in 2021. ▼ Falling

Latest (2021)
7.87
Change on year
up 1.5%
World rank
145th
of 170 countries
All-time high
14.28
in 2000
All-time low
7.57
in 2006
Years of data
22
2000–2021

Bank Z-score in Bulgaria, 2000–2021

0510152000201020212000: 14.32001: 10.32002: 10.32003: 9.92004: 8.12005: 7.82006: 7.62007: 8.42008: 8.42009: 8.62010: 8.62011: 8.72012: 8.62013: 8.42014: 8.72015: 8.72016: 9.12017: 8.92018: 8.72019: 8.12020: 7.72021: 7.9

Source: Bankscope, Bureau van Dijk (BvD).

Analysis

In 2021, bank z-score in Bulgaria stood at 7.87.

That represents a change of up 1.5% on the previous year and down 9.1% over ten years.

Over the whole period, bank z-score in Bulgaria peaked at 14.28 in 2000 and was at its lowest, 7.57, in 2006.

Bulgaria ranks 145th of 170 countries on this measure, in the bottom quarter.

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

Bank Z-score in Bulgaria, year by year

Annual values for Bank Z-score in Bulgaria, 2000 to 2021.
Year Value Change
2000 14.28
2001 10.25 -28.2%
2002 10.26 +0.0%
2003 9.87 -3.8%
2004 8.12 -17.7%
2005 7.82 -3.8%
2006 7.57 -3.1%
2007 8.41 +11.0%
2008 8.44 +0.4%
2009 8.64 +2.4%
2010 8.6 -0.6%
2011 8.66 +0.8%
2012 8.64 -0.2%
2013 8.42 -2.6%
2014 8.75 +4.0%
2015 8.71 -0.5%
2016 9.15 +5.1%
2017 8.93 -2.4%
2018 8.72 -2.3%
2019 8.12 -6.8%
2020 7.75 -4.6%
2021 7.87 +1.5%

Bulgaria compared with similar countries

  • Bulgaria's 7.87 is below the median for high income countries, which is 15.34, 51% of the median. (63 countries reporting)
  • Bulgaria's 7.87 is below the median for Europe & Central Asia, which is 11.21, 70% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where Bank Z-score in Bulgaria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 -28.2% 14.28 10.25

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.37 7.57 14.28 10
2010s 8.67 8.12 9.15 10
2020s 7.81 7.75 7.87 2

Countries ranked near Bulgaria

  1. 142 Zimbabwe 8.08 compare
  2. 143 Georgia 7.91 compare
  3. 144 Thailand 7.88 compare
  4. 146 Bahrain 7.81 compare
  5. 147 Myanmar 7.59 compare
  6. 148 Chile 7.45 compare

See the full ranking of 170 places →

More financial sector data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is bank z-score in Bulgaria?
Bank z-score in Bulgaria was 7.87 in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank z-score recorded in Bulgaria?
The highest recorded value was 14.28 in 2000.
What is the lowest bank z-score recorded in Bulgaria?
The lowest recorded value was 7.57 in 2006.
How does Bulgaria rank for bank z-score?
Bulgaria ranks 145th out of 170 countries with data for 2021.
Is bank z-score rising or falling in Bulgaria?
Over the last ten years it is down 9.1%. 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 Z-score. Statizoid updates them automatically from the source API.

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Bank Z-score in Bulgaria. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 24 September 2026, from https://financial-sector.statizoid.com/stat/bank-z-score/bulgaria/

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About this data

Indicator
Bank Z-score
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,302 data points, 2000–2021
Last refreshed

It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.