Private credit by deposit money banks to GDP in Bulgaria
Bulgaria: Private credit by deposit money banks to GDP was 50.6% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Bulgaria, 1991–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in Bulgaria stood at 50.6%.
That represents a change of down 2.2% on the previous year and down 22.4% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Bulgaria peaked at 82.8% in 1991 and was at its lowest, 8.5%, in 1997.
Bulgaria ranks 85th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Private credit by deposit money banks to GDP in Bulgaria, year by year
| Year | % | 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% | +84.2% |
| 1997 | 8.5% | -83.1% |
| 1998 | 8.9% | +4.6% |
| 1999 | 11.5% | +28.3% |
| 2000 | 11.9% | +4.2% |
| 2001 | 14.3% | +19.9% |
| 2002 | 18.6% | +29.5% |
| 2003 | 25.7% | +38.4% |
| 2004 | 34.0% | +32.5% |
| 2005 | 39.5% | +16.2% |
| 2006 | 43.2% | +9.4% |
| 2007 | 59.4% | +37.4% |
| 2008 | 68.2% | +14.7% |
| 2009 | 68.9% | +1.0% |
| 2010 | 68.1% | -1.1% |
| 2011 | 65.2% | -4.3% |
| 2012 | 65.7% | +0.8% |
| 2013 | 66.1% | +0.6% |
| 2014 | 59.1% | -10.5% |
| 2015 | 54.7% | -7.5% |
| 2016 | 51.9% | -5.1% |
| 2017 | 49.7% | -4.3% |
| 2018 | 50.3% | +1.1% |
| 2019 | 49.5% | -1.6% |
| 2020 | 51.7% | +4.5% |
| 2021 | 50.6% | -2.2% |
Bulgaria compared with similar countries
- Bulgaria's 50.6% is below the median for high income countries, which is 79.1%, 64% of the median. (62 countries reporting)
- Bulgaria's 50.6% is below the median for Europe & Central Asia, which is 56.3%, 90% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.3% | 8.5% | 82.8% | 9 |
| 2000s | 38.4% | 11.9% | 68.9% | 10 |
| 2010s | 58.0% | 49.5% | 68.1% | 10 |
| 2020s | 51.1% | 50.6% | 51.7% | 2 |
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 private credit by deposit money banks to gdp in Bulgaria?
- Private credit by deposit money banks to gdp in Bulgaria was 50.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Bulgaria?
- The highest recorded value was 82.8% in 1991.
- What is the lowest private credit by deposit money banks to gdp recorded in Bulgaria?
- The lowest recorded value was 8.5% in 1997.
- How does Bulgaria rank for private credit by deposit money banks to gdp?
- Bulgaria ranks 85th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Bulgaria?
- Over the last ten years it is down 22.4%. The long-run trend across the full record is rising.
- Where does this Bulgaria data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).