Financial Development Index in Bulgaria
Bulgaria: Financial Development Index was 0.3768 in 2020. ◆ Volatile
Financial Development Index in Bulgaria, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Bulgaria stood at 0.3768.
The figure is up 0.9% on the previous year and up 3.1% over ten years.
Over the whole period, financial development index in Bulgaria peaked at 0.4462 in 1997 and was at its lowest, 0, in 1980.
That places Bulgaria 58th out of 183 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Development Index in Bulgaria, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0.3564 | — |
| 1989 | 0.3564 | +0.0% |
| 1990 | 0.3484 | -2.2% |
| 1991 | 0.3491 | +0.2% |
| 1992 | 0.3621 | +3.7% |
| 1993 | 0.3316 | -8.4% |
| 1994 | 0.2844 | -14.2% |
| 1995 | 0.2376 | -16.5% |
| 1996 | 0.4305 | +81.2% |
| 1997 | 0.4462 | +3.6% |
| 1998 | 0.3601 | -19.3% |
| 1999 | 0.2267 | -37.1% |
| 2000 | 0.2325 | +2.6% |
| 2001 | 0.3845 | +65.4% |
| 2002 | 0.282 | -26.7% |
| 2003 | 0.2629 | -6.8% |
| 2004 | 0.2986 | +13.6% |
| 2005 | 0.3168 | +6.1% |
| 2006 | 0.3593 | +13.4% |
| 2007 | 0.4282 | +19.2% |
| 2008 | 0.3861 | -9.8% |
| 2009 | 0.3712 | -3.9% |
| 2010 | 0.3654 | -1.5% |
| 2011 | 0.3612 | -1.1% |
| 2012 | 0.3614 | +0.0% |
| 2013 | 0.3679 | +1.8% |
| 2014 | 0.3488 | -5.2% |
| 2015 | 0.3625 | +3.9% |
| 2016 | 0.3696 | +2.0% |
| 2017 | 0.3727 | +0.9% |
| 2018 | 0.3712 | -0.4% |
| 2019 | 0.3735 | +0.6% |
| 2020 | 0.3768 | +0.9% |
Bulgaria compared with similar countries
- Bulgaria's 0.3768 is below the median for high income countries, which is 0.4828, 78% of the median. (62 countries reporting)
- Bulgaria's 0.3768 is below the median for Europe & Central Asia, which is 0.4521, 83% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Financial Development Index 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.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +81.2% | 0.2376 | 0.4305 |
| 2001 | +65.4% | 0.2325 | 0.3845 |
| 1999 | -37.1% | 0.3601 | 0.2267 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0713 | 0 | 0.3564 | 10 |
| 1990s | 0.3377 | 0.2267 | 0.4462 | 10 |
| 2000s | 0.3322 | 0.2325 | 0.4282 | 10 |
| 2010s | 0.3654 | 0.3488 | 0.3735 | 10 |
| 2020s | 0.3768 | 0.3768 | 0.3768 | 1 |
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 financial development index in Bulgaria?
- Financial development index in Bulgaria was 0.3768 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Bulgaria?
- The highest recorded value was 0.4462 in 1997.
- What is the lowest financial development index recorded in Bulgaria?
- The lowest recorded value was 0 in 1980.
- How does Bulgaria rank for financial development index?
- Bulgaria ranks 58th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Bulgaria?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is volatile.
- Where does this Bulgaria data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.