Subsidies, payable, Ratio of this level of government's expenditure in Bulgaria
Bulgaria: Subsidies, payable, Ratio of this level of government's expenditure was 0.7208 in 2020. ▼ Falling
Subsidies, payable, Ratio of this level of government's expenditure in Bulgaria, 1995–2020
Source: International Monetary Fund.
Analysis
Bulgaria recorded 0.7208 for subsidies, payable, ratio of this level of government's expenditure in 2020. That is the lowest value across all 26 years on record.
The figure is down 25.9% on the previous year and down 23.8% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Bulgaria peaked at 1 in 1995 and was at its lowest, 0.7208, in 2020.
That places Bulgaria 49th out of 75 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Subsidies, payable, Ratio of this level of government's expenditure in Bulgaria, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1 | — |
| 1996 | 1 | +0.0% |
| 1997 | 1 | +0.0% |
| 1998 | 0.8893 | -11.1% |
| 1999 | 0.9751 | +9.7% |
| 2000 | 0.9677 | -0.8% |
| 2001 | 0.966 | -0.2% |
| 2002 | 0.9688 | +0.3% |
| 2003 | 0.9682 | -0.1% |
| 2004 | 0.9708 | +0.3% |
| 2005 | 0.9594 | -1.2% |
| 2006 | 0.9126 | -4.9% |
| 2007 | 0.9182 | +0.6% |
| 2008 | 0.9304 | +1.3% |
| 2009 | 0.9415 | +1.2% |
| 2010 | 0.946 | +0.5% |
| 2011 | 0.8851 | -6.4% |
| 2012 | 0.9405 | +6.3% |
| 2013 | 0.9596 | +2.0% |
| 2014 | 0.953 | -0.7% |
| 2015 | 0.9671 | +1.5% |
| 2016 | 0.9603 | -0.7% |
| 2017 | 0.9555 | -0.5% |
| 2018 | 0.9758 | +2.1% |
| 2019 | 0.9727 | -0.3% |
| 2020 | 0.7208 | -25.9% |
Bulgaria compared with similar countries
- Bulgaria's 0.7208 is below the median for high income countries, which is 0.7517, 96% of the median. (42 countries reporting)
- Bulgaria's 0.7208 is below the median for Europe & Central Asia, which is 0.7742, 93% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Subsidies, payable, Ratio of this level of government's expenditure in Bulgaria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -25.9% | 0.9727 | 0.7208 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9729 | 0.8893 | 1 | 5 |
| 2000s | 0.9504 | 0.9126 | 0.9708 | 10 |
| 2010s | 0.9516 | 0.8851 | 0.9758 | 10 |
| 2020s | 0.7208 | 0.7208 | 0.7208 | 1 |
Countries ranked near Bulgaria
More public sector data for Bulgaria
- Arms imports 3.00 million SIPRI trend indicator values (2022)
- Arms imports (SIPRI trend indicator values), per capita 0.464 SIPRI trend indicator values per person (2022)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2022)
- Arms imports (SIPRI trend indicator values), annual growth rate 200 % change on previous year (2022)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2022)
- Military expenditure (current USD), per capita 361.69 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0206 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.09 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 27.63 SIPRI trend indicator values per square kilometre (2022)
Frequently asked questions
- What is subsidies, payable, ratio of this level of government's expenditure in Bulgaria?
- Subsidies, payable, ratio of this level of government's expenditure in Bulgaria was 0.7208 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Bulgaria?
- The highest recorded value was 1 in 1995.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Bulgaria?
- The lowest recorded value was 0.7208 in 2020.
- How does Bulgaria rank for subsidies, payable, ratio of this level of government's expenditure?
- Bulgaria ranks 49th out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Bulgaria?
- Over the last ten years it is down 23.8%. The long-run trend across the full record is falling.
- Where does this Bulgaria data come from?
- The figures come from International Monetary Fund, published as part of Subsidies, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.