In 2022, the ratio of military expenditure to gross domestic product (GDP) in Bulgaria remained nearly unchanged at around 1.51 percent. Still, 2022 marked the third consecutive decline of the ratio. Military expenditure refers to the total amount of money spent on a country's armed forces, including peacekeeping and defense operations. This figure is then given as a share of its gross domestic product (not total government expenditure). When comparing international figures there may be some discrepancies depending on what countries consider military spending.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like North Macedonia and Albania.
Bulgaria: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (September 19, 2024). Bulgaria: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved October 07, 2024, from https://www.statista.com/statistics/810355/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bulgaria/
World Bank. "Bulgaria: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. September 19, 2024. Statista. Accessed October 07, 2024. https://www.statista.com/statistics/810355/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bulgaria/
World Bank. (2024). Bulgaria: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: October 07, 2024. https://www.statista.com/statistics/810355/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bulgaria/
World Bank. "Bulgaria: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 19 Sep 2024, https://www.statista.com/statistics/810355/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bulgaria/
World Bank, Bulgaria: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810355/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bulgaria/ (last visited October 07, 2024)
Bulgaria: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, September 19, 2024. [Online]. Available: https://www.statista.com/statistics/810355/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bulgaria/