site.btaBulgaria’s Gross External Debt Down to 55.4% of GDP at End-November 2022 – Central Bank

Bulgaria’s gross external debt amounted to EUR 43,787 million (55.4% of GDP) at end-November 2022, growing by EUR 2,130.2 million (5.1%) from end-November 2021 (EUR 41,656.8 million, 58.6% of GDP), the Bulgarian National Bank said on Monday. 

Short-term liabilities equalled EUR 8,406.1 million (19.2% of the total debt, 10.6% of GDP), growing by EUR 1,642.2 million (24.3%) from end-November 2021 (EUR 6,764 million, 16.2% of the total debt, 9.5% of GDP). Long-term liabilities totaled EUR 35,380.9 million (80.8% of the total debt, 44.8% of GDP) at end-November 2022, growing by EUR 488.1 million (1.4%) from end-November 2021 (EUR 34,892.8 million, 83.8% of the total debt, 49.1% of GDP).

 General government’s gross external debt3 totalled EUR 8,463 million (10.7% of GDP), growing by EUR 220.9 million (2.7%) from end-November 2021 (EUR 8,242 million, 11.6% of GDP).

The external liabilities of the central bank stood at EUR 2,270.32 million (2.9% of GDP), growing by EUR 197.6 million (9.5%) from end-November 2021 (EUR 2,072.7 million, 2.9% of GDP).

The external liabilities of other banks and money market funds totalled EUR 5,796.1 million (7.3% of GDP), increasing by EUR 1,038.1 million (21.8%) from end-November 2021 (EUR 4,758.1 million, 6.7% of GDP).

Other sectors’ external debt5 equalled EUR 12,815.2 million (16.2% of GDP), growing by EUR 384.9 million (3.1%) from endNovember 2021 (EUR 12,430.3 million, 17.5% of GDP).

The stock of intercompany lending amounted to EUR 14,442.4 million (18.3% of GDP) at end-November 2022, growing by EUR 288.7 million (2%) from end-November 2021 (EUR 14,153.7 million, 19.9% of GDP). It held the largest share in external debt, equating to 33% at end-November 2022, compared with 34% at end-November 2021.