Headline stats

Debt peaked at 244.5% GDP in 1996 — now 29.9%.

Government debt
29.9% GDP
2025
EU27 avg: 81.7% GDP (2025)
Govt expenditure
39.2% GDP
2024
Budget deficit
3.5% GDP
2025
EU27 avg: 3.1% GDP (2025)
Tax revenue
14.6% GDP
2024
Public sector jobs
627k
2024

Tax rates

What Bulgaria takes — statutory rates and effective burden on workers.

Labour tax wedge
22.4% of labour cost
2025
Top income tax rate
10%
2024
Corporate tax rate
10%
2024
Standard VAT rate
20%
2024

Labour tax wedge: effective % of gross labour cost (salary + employer contributions) going to income tax and social contributions for a single person at average wage. Source: Eurostat earn_nt_taxrate. Statutory rates: OECD Taxing Wages 2024 / EC Taxation Trends 2024.

Comparative prices

Bulgaria is 38.6% cheaper than the EU average overall (2024). Index: EU27 = 100.

CategoryPrice indexvs EU avg
Overall price level61.4-38.6%
Food & non-alcoholic drinks88.8-11.2%
Housing, utilities & energy38.1-61.9%
Restaurants & hotels53.2-46.8%
Transport72.0-28.0%
Health44.3-55.7%
Education51.6-48.4%
Clothing & footwear79.1-20.9%
Recreation & culture68.2-31.8%
Alcohol & tobacco69.0-31.0%
Household furnishings75.0-25.0%
Communication82.8-17.2%
Miscellaneous59.2-40.8%

Source: Eurostat prc_ppp_ind. EU27_2020 = 100. Green = cheaper than EU average.

Government debt since 2011

YearDebt (% GDP)Change
201115.2—
201216.6+1.4
201317+0.4
201427+10
201525.9-1.1
201629.1+3.2
201725.1-4
201822.2-2.9
201920.1-2.1
202024.5+4.4
202123.8-0.7
202222.5-1.3
202322.9+0.4
202423.8+0.9
202529.9+6.1

Data sources

DatasetSourceCoverage
Govt expenditure / debt / deficitEurostat gov_10dd_edpt11995–2025
Tax revenueEurostat gov_10a_taxag1995–2025
Public employment (NACE O-Q)Eurostat nama_10_a64_e1995–2024
Tax breakdown (VAT, income, social)Eurostat gov_10a_taxag2000–2023
Labour tax wedgeEurostat earn_nt_taxrate2000–2023
Statutory tax rates (income, corporate, VAT)OECD / EC Taxation Trends 20242024
Comparative price levels (13 categories)Eurostat prc_ppp_ind1995–2024
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