Bulgaria ranks as one of the three European Union member states with the lowest government debt relative to GDP in the third quarter of 2025, though it also registered the second-highest increase in debt compared with the previous quarter, according to Eurostat. At the same time, the country’s budget deficit in the same period exceeded the EU and eurozone averages. Eurostat data show that by the end of Q3 2025, the gross government debt-to-GDP ratio in the eurozone reached 88.5%, up from 88.2%