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 %)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.