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The Dynamics of Public Expenditure in Bulgaria (2014–2023)

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  • Rumen Brussarski

Abstract

The modern state provides public goods, redistributes income and wealth, and ensures macroeconomic stability. It incurs expenses for this purpose which are financed (mainly) through taxation. In this sense, the scale and structure of public expenditures are key indicators of the state's participation in the economic life of its society. This article is devoted to the dynamics of public expenditure in Bulgaria over the last ten years (2014–2023): its total amount, current and capital expenditures, and expenditure by function.

Suggested Citation

  • Rumen Brussarski, 2025. "The Dynamics of Public Expenditure in Bulgaria (2014–2023)," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 7-20.
  • Handle: RePEc:bas:econth:y:2025:i:1:p:7-20
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    References listed on IDEAS

    as
    1. Vito Tanzi, 2005. "The Economic Role Of The State In The 21st Century," Cato Journal, Cato Journal, Cato Institute, vol. 25(3), pages 617-638, Fall.
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    More about this item

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

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