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Bulgaria Private Credit (% GDP)

Bulgaria's private credit (% GDP) rose to 47.54% in 2024, up from 45.24% in 2023, according to World Bank. This represents an increase of 2.3% from the previous year. Bulgaria has private credit (% GDP) higher than the global median (47.54% vs median 39.47%). Compared with the median in Europe, Bulgaria is lower (47.54% vs regional median 54.79%) and ranks 26th out of 41 countries in Europe.

Yearly Historical Data (1991-2024)

(in %)
Year Private Credit (% GDP)
2024 47.54%
2023 45.24%
2022 44.73%
2021 48.13%
2020 51.26%
2019 49.74%
2018 50.42%
2017 49.8%
2016 52.02%
2015 54.79%
2014 59.23%
2013 66.19%
2012 65.78%
2011 65.28%
2010 68.2%
2009 68.96%
2008 66.92%
2007 58.46%
2006 42.45%
2005 39.06%
2004 33.14%
2003 25.9%
2002 18.78%
2001 14.34%
2000 11.96%
1999 11.48%
1998 8.94%
1997 8.55%
1996 50.71%
1995 27.54%
1994 49.25%
1993 66.45%
1992 74.86%
1991 82.8%
Bulgaria Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Bulgaria.