Bulgaria’s 2015 Defense Spending Hits 10-Year Low

Bulgaria’s defense spending in 2015, at BGN 979 M, is the lowest amount since 2005, according to data provided by NATO.

In 2014 Bulgaria allocated BGN 1.102 B to defense, in 2013 the total amount was BGN 1.196 B, in 2012 BGN 1.099 B, and in 2011 BGN 1.066 B, according to statistics published by news.bg.

In 2010 Bulgaria allocated a total of BGN 1.23 B to defense.

In 2005 Bulgaria’s defense spending stood at BGN 1.051 B.

Bulgaria’s defense spending amounts to 1.2% of the GDP in 2015, based on current prices.

In the period 2005-2009, Bulgaria’s defense spending amounted to 2.1% of the GDP on average, in 2010-2014 it stood at 1.4% of the GDP, in 2011 and in 2012 at 1.4% of the GDP, in 2013 at 1.5% of the GDP, and in 2014 at 1.3% of the GDP.

The total number of personnel of Bulgaria’s Armed Forces has been decreasing since 2005, reaching a rate of 25 000 in 2015 from a total of 43 000 troops in 2005.

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