Bulgaria's External Debt Lowest as of Decade

Bulgaria's External Debt Lowest as of Decade

Statistics of the Central Bank shows that in the end of March 2017 Bulgaria’s external debt was at its lowest since 2009, reaching its lowest level over the past decade as GDP ratio, announced BNR.
It was 34.2 billion euro end-March, shrunk by 130 million euro on March 2016 – to 70.2% of GDP.
The gross debt last year was equal to 75.1% of GDP, while in the period 2013 – 2015 it exceeded 90%.
By the end of March the foreign debt dropped to only 6.5 billion euro, declining on December 2016 by 200 million.

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