Bulgarian households are among the least indebted in the EU

Households in Bulgaria are among the least indebted in the European Union. The amount of debt of Bulgarian households, compared to the national GDP, amounts to 28%. Only in 7 countries is the ratio lower, with Romania leading the way with 12.3%. In the period 2017-2025, a 5.4% increase in the debts of Bulgarian households was reported, BGNES writes.

According to statistics, the most indebted households in the EU are located in the rich countries of Northern and Western Europe, and not in the southern economies, which are traditionally considered more vulnerable. The Netherlands is in the lead with 93.5%. The indicator measures the debts of households – including mortgages, consumer loans and other forms of credit – as a share of GDP.

Editor: Miglena Ivanova