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 figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as 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. (May 30, 2024). Bulgaria: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved July 22, 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. May 30, 2024. Statista. Accessed July 22, 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: July 22, 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., 30 May 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 July 22, 2024)
Bulgaria: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/810355/ratio-of-military-expenditure-to-gross-domestic-product-gdp-bulgaria/