Bulgaria's gross foreign debt growth slows down in Aug - c-bank

Gross external liabilities at the end of August were equivalent to 52.5% of the gross domestic product (GDP) forecast for 2022, the Bulgarian National Bank (BNB) said in a monthly report.

The country's gross foreign debt increased by 3.8% on the year in July.

Long-term liabilities as at end-August amounted to 33.6 billion euro or 81.1% of the total debt.

At some 7.16 billion euro, the general government gross foreign debt was equal to 9.1% of the planned GDP, having dropped by 14.7% compared to the end of August 2021.

Bulgaria's sovereign debt amounted to 33.268 billion euro in 2021, or 23.9% of the GDP for that year, according to definitive data published by the statistical institute last week.

Here are the details of Bulgaria's gross foreign debt as of end-August:

source: BNB

($ = 1.00493 euro)