Bulgaria—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #45 of 117Updated April 2026
Latest Value
29.4%
2023
YoY Change
-52.7%
2019 → 2023
Global Rank
#45
of 117 countries
Maximum
62.3%
2019
Minimum
18.7%
2013
CAGR
+1.9%
8 years
Last
29.4%
Previous
62.3%
Highest
62.3%
Lowest
18.7%
Source
World Bank World Development Indicators
Bulgaria's firms using banks to finance investment (%) was 29.4% in 2023, ranking #45 out of 117 countries. This represents a -52.7% change from 2019. Over the past 8 years, the highest recorded value was 62.3% (2019) and the lowest was 18.7% (2013). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 29.4% | -52.7% |
| 2019 | 62.3% | +233.8% |
| 2013 | 18.7% | -46.2% |
| 2009 | 34.7% | -14.3% |
| 2007 | 40.5% | +7.3% |
| 2005 | 37.7% | +55.8% |
| 2004 | 24.2% | +22.2% |
| 2002 | 19.8% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.