Domestic credit to private sector in Bulgaria
Bulgaria: Domestic credit to private sector was 51.7% in 2020. ▲ Rising
Domestic credit to private sector in Bulgaria, 1991–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Bulgaria stood at 51.7%.
Compared with earlier readings it is up 4.4% on the previous year and down 24.1% over ten years.
Over the whole period, domestic credit to private sector in Bulgaria peaked at 82.8% in 1991 and was at its lowest, 8.5%, in 1997.
That places Bulgaria 90th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Domestic credit to private sector in Bulgaria, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 82.8% | — |
| 1992 | 74.9% | -9.6% |
| 1993 | 66.4% | -11.2% |
| 1994 | 49.2% | -25.9% |
| 1995 | 27.5% | -44.1% |
| 1996 | 50.7% | +84.1% |
| 1997 | 8.5% | -83.1% |
| 1998 | 8.9% | +4.7% |
| 1999 | 11.5% | +28.3% |
| 2000 | 12.0% | +4.2% |
| 2001 | 14.3% | +19.9% |
| 2002 | 18.8% | +31.0% |
| 2003 | 25.9% | +37.9% |
| 2004 | 33.1% | +28.0% |
| 2005 | 39.1% | +17.9% |
| 2006 | 42.5% | +8.7% |
| 2007 | 58.5% | +37.8% |
| 2008 | 67.0% | +14.5% |
| 2009 | 69.0% | +3.0% |
| 2010 | 68.2% | -1.1% |
| 2011 | 65.3% | -4.3% |
| 2012 | 65.8% | +0.8% |
| 2013 | 66.2% | +0.6% |
| 2014 | 59.2% | -10.5% |
| 2015 | 54.8% | -7.5% |
| 2016 | 52.0% | -5.1% |
| 2017 | 49.8% | -4.3% |
| 2018 | 50.3% | +1.1% |
| 2019 | 49.5% | -1.6% |
| 2020 | 51.7% | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.3% | 8.5% | 82.8% | 9 |
| 2000s | 38.0% | 12.0% | 69.0% | 10 |
| 2010s | 58.1% | 49.5% | 68.2% | 10 |
| 2020s | 51.7% | 51.7% | 51.7% | 1 |
Countries ranked near Bulgaria
- 87 Palestine, State of 52.3% compare
- 88 Bahamas 52.1% compare
- 89 Philippines 52.0% compare
- 91 Kosovo 51.6% compare
- 91 Kosovo (UNSCR 1244) 51.6% compare
- 93 Paraguay 50.0% compare
More financial sector data for Bulgaria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 20.89 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 15.25 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 20.89 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Bulgaria?
- Domestic credit to private sector in Bulgaria was 51.7% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Bulgaria?
- The highest recorded value was 82.8% in 1991.
- What is the lowest domestic credit to private sector recorded in Bulgaria?
- The lowest recorded value was 8.5% in 1997.
- How does Bulgaria rank for domestic credit to private sector?
- Bulgaria ranks 90th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Bulgaria?
- Over the last ten years it is down 24.1%. The long-run trend across the full record is rising.
- Where does this Bulgaria data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.