Financial position of the United States

Bulgaria's economic landscape saw the gross external debt ascend to EUR 44,402.6 million by the end of November 2023, marking a 1% increase from the previous year and constituting 46.5% of the country's Gross Domestic Product (GDP).

Global debt jumped $9.6 trillion to reach $252.6 trillion year-on-year in the third quarter of 2019 -- an all-time high -- the Institute of International Finance said on Jan. 13.

Total debt totaled more than threefold (322 percent) the global GDP, the U.S.-based institute announced.

The global debt-to-GDP ratio hit a new all-time high of over 322 percent in the third quarter of 2019, with total debt reaching close to a record $253 trillion, the Institute of International Finance (IIF) has said.

Total debt across the household, government, financial and non-financial corporate sectors surged by some $9 trillion in the first three quarters of last year.

The global debt jumped by $7.5 trillion to reach $250.09 trillion year-on-year in the first half of 2019, said a global trade group of financial institutions.

Turkey's gross domestic product (GDP) at current prices totaled 1 trillion Turkish liras (nearly $175 billion) in the second quarter of 2019, the country's statistical authority said on Sept. 1.           

The Romanian parliament on Friday is to debate the 2015 budget, which is targeting a deficit of 1.83 per cent of gross domestic product, GDP.

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At the end of the first quarter of 2014, Bulgaria's government debt increased by 1.4 percentage points from the last quarter of 2013 and by 2.3 pp from the first quarter of 2013, to 20.3% of the GDP, according to Eurostat.

In the last quarter of 2013 the government debt amounted to 18.9% of the GDP and in the first quarter of 2013 it stood at 18.0% of the GDP.