Bulgaria's foreign debt grows 0.8% y/y in Jan

Gross external debt at the end of the first month of 2024 represented 44.4% of the gross domestic product (GDP) forecast for the current year, the Bulgarian National Bank (BNB) said in a monthly report.

In January 2023, Bulgaria's foreign debt was equivalent to 47.5% of last year's GDP.

At some 10.84 billion euro in the review month, the general government gross foreign debt grew by 7% compared to the end of January 2023 and was equal to 10.7% of the projected 2024 GDP.

Below are details of Bulgaria's gross foreign debt as of end-January:

Source: BNB

($ = 0.925 euro)