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Bulgaria

Bulgaria Deficit and financing Stats

Definitions

  • Cash surplus or deficit > % of GDP: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets)."
  • Cash surplus or deficit > Current LCU: Cash surplus or deficit is revenue (including grants) minus expense, minus net acquisition of nonfinancial assets. In the 1986 GFS manual nonfinancial assets were included under revenue and expenditure in gross terms. This cash surplus or deficit is closest to the earlier overall budget balance (still missing is lending minus repayments, which are now a financing item under net acquisition of financial assets)."
  • Net incurrence of liabilities > Domestic > % of GDP: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash."
  • Net incurrence of liabilities > Domestic > Current LCU: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash."
  • Net incurrence of liabilities > Foreign > % of GDP: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash."
  • Net incurrence of liabilities > Foreign > Current LCU: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash."
STAT AMOUNT DATE RANK HISTORY
Cash surplus or deficit > % of GDP 3.2% 2008 13th out of 84
Cash surplus or deficit > Current LCU 2.13 billion 2008 22nd out of 86
Net incurrence of liabilities > Domestic > % of GDP -0.49% 2008 55th out of 66
Net incurrence of liabilities > Domestic > Current LCU -324,007,000 2008 55th out of 67
Net incurrence of liabilities > Foreign > % of GDP -1.42% 2008 61st out of 64
Net incurrence of liabilities > Foreign > Current LCU -945,388,000 2008 47th out of 65

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Government Finance Statistics Yearbook and data files.

Citation

Bulgaria Economy > Government debt > Deficit and financing Profiles (Subcategories)

Net incurrence of liabilities 4