Credit to Government and State-Owned Enterprises to GDP for Bulgaria
DDEI08BGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.12
Year-over-Year Change
131.80%
Date Range
1/1/1991 - 1/1/2020
Summary
This economic trend measures the ratio of credit to the government and state-owned enterprises as a percentage of GDP in Bulgaria. It provides insight into the level of government borrowing and public sector financing in the Bulgarian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Credit to Government and State-Owned Enterprises to GDP metric tracks the total domestic credit provided to the general government and public non-financial corporations as a share of the country's gross domestic product. This indicator offers a view of the government's reliance on financing and the overall size of the public sector relative to the broader economy.
Methodology
The data is collected and calculated by the World Bank using national accounts and government finance statistics.
Historical Context
This trend is used by economists and policymakers to assess fiscal sustainability and the government's role in the Bulgarian economy.
Key Facts
- Bulgaria's Credit to Government and State-Owned Enterprises to GDP ratio was 25.6% in 2020.
- This metric has fluctuated between 20-30% of GDP in Bulgaria over the past decade.
- The public sector accounts for a significant portion of economic activity in Bulgaria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of credit provided to the government and state-owned enterprises as a percentage of Bulgaria's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the size and financing of the public sector in Bulgaria, which is useful for assessing fiscal sustainability and the government's role in the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and government finance statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze the government's reliance on financing and the overall size of the public sector relative to the broader Bulgarian economy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Bulgaria (DDEI08BGA156NWDB), retrieved from FRED.