Domestic credit to private sector in Bulgaria
Bulgaria: Domestic credit to private sector was 47.1% in 2024. ▲ Rising
Domestic credit to private sector in Bulgaria, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Bulgaria recorded 47.1% for domestic credit to private sector in 2024.
That represents a change of up 3.8% on the previous year and down 20.5% 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.
Bulgaria ranks 83rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 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 | 66.5% | -11.2% |
| 1994 | 49.3% | -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% | +37.7% |
| 2008 | 66.9% | +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 | 50.5% | +1.5% |
| 2019 | 49.8% | -1.4% |
| 2020 | 51.3% | +3.0% |
| 2021 | 48.2% | -6.1% |
| 2022 | 44.7% | -7.1% |
| 2023 | 45.3% | +1.3% |
| 2024 | 47.1% | +3.8% |
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 | 58.2% | 49.8% | 68.2% | 10 |
| 2020s | 47.3% | 44.7% | 51.3% | 5 |
Countries ranked near Bulgaria
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 47.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- 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 83rd out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Bulgaria?
- Over the last ten years it is down 20.5%. The long-run trend across the full record is rising.
- Where does this Bulgaria data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.