Base Interest Rate in Bulgaria
The benchmark interest rate in Bulgaria ended 2022 at 1.30%, above the 2021 figure of 0.00% and up from the decade-ago reading of 0.02%.
Bulgaria Interest Rate Chart
Bulgaria Interest Rate Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Base Interest Rate (%, eop) | 0.00 | 0.00 | 0.00 | 1.30 | 3.80 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Bulgarian interest rate projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Bulgarian interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Bulgarian interest rate projections.
Want to get access to the full dataset of Bulgarian interest rate forecasts? Send an email to info@focus-economics.com.