Business Bank Credit Access Statistics in Bulgaria (2026)
31.4% of firms in Bulgaria had a bank loan or line of credit in 2023, World Bank World Development Indicators data show. Down from 45.1% in 2019 to 31.4% in 2023 (−13.7 percentage points). Bulgaria ranks #34 of 43 economies in Europe & Central Asia on this measure, and #77 of 145 globally.
Key Statistics
- Latest value (2023)
- 31.4% (2023)
- Business Bank Credit Access in Bulgaria as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2019
- −13.7 pp (2023)
- Down from 45.1% in 2019 to 31.4% in 2023 (−13.7 percentage points).
- Earliest value in this dataset (2007)
- 44.1% (2007)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 44.1% in 2007 to 31.4% in 2023.
- Peak value (2019)
- 45.1% (2019)
- Highest value in the available series; the 2023 value is 31.4%.
- Rank in Europe & Central Asia
- #34 of 43 (2023)
- Bulgaria ranks 34 of 43 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #77 of 145 (2023)
- Bulgaria ranks 77 of 145 countries with data globally.
- Europe & Central Asia average
- 44.8% (2023)
- Bulgaria (31.4%) is below the average of 44.8% across the 43 countries in Europe & Central Asia with data.
- Firms using banks to finance working capital (% of firms) (2023)
- 32.8% (2023)
- Related indicator from World Bank World Development Indicators.
- Firms using banks to finance investment (% of firms) (2023)
- 29.4% (2023)
- Related indicator from World Bank World Development Indicators.
- Internet use in Bulgaria (2024)
- 82.4% (2024)
- 82.4% of the population in Bulgaria used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 6.4 million (2024)
- Bulgaria had a population of 6.4 million in 2024 (World Bank); shown for scale only.
Trend, 2007–2023
| Year | % of firms | Change |
|---|---|---|
| 2023 | 31.4% | −13.7 pp |
| 2019 | 45.1% | +0.4 pp |
| 2013 | 44.6% | +4.5 pp |
| 2009 | 40.2% | −3.9 pp |
| 2007 | 44.1% | — |
Frequently asked questions
What share of firms in Bulgaria had a bank loan or line of credit?
31.4% of firms in Bulgaria had a bank loan or line of credit in 2023, according to World Bank World Development Indicators data.
How recent is the business bank credit access data for Bulgaria?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Bulgaria.
Where does the business bank credit access data for Bulgaria come from?
The data comes from the World Bank World Development Indicators (indicator IC.FRM.BNKL.ZS). The latest observation for Bulgaria is from 2023; the snapshot was retrieved on 2026-06-10.
How has business bank credit access in Bulgaria changed over time?
World Bank World Development Indicators data show a decline from 44.1% in 2007 to 31.4% in 2023.
How does Bulgaria compare with other countries in Europe & Central Asia?
Bulgaria ranks 34 of 43 countries in Europe & Central Asia with data, with 31.4% versus a regional average of 44.8% (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKL.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .