Bulgaria vs Norway: Venture capital investments
Venture capital investments over time
- Bulgaria
- Norway
How they compare
Norway currently reports 0.0362 Percentage of GDP against 0.0228 Percentage of GDP in Bulgaria, a difference of 0.0134 Percentage of GDP.
That makes Norway's figure about 1.6 times Bulgaria's.
The two have swapped places 2 times across 19 shared years of data; in 2007 it was Norway ahead.
Bulgaria ranks 20th and Norway ranks 18th of 28 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Bulgaria | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.0175 Percentage of GDP | 0.0632 Percentage of GDP | 0.0457 Percentage of GDP | Norway |
| 2010s | 0.0073 Percentage of GDP | 0.0267 Percentage of GDP | 0.0194 Percentage of GDP | Norway |
| 2020s | 0.0211 Percentage of GDP | 0.0398 Percentage of GDP | 0.0187 Percentage of GDP | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher venture capital investments, Bulgaria or Norway?
- Norway, at 0.0362 Percentage of GDP against 0.0228 Percentage of GDP in Bulgaria as of 2025.
- What is the difference in venture capital investments between Bulgaria and Norway?
- 0.0134 Percentage of GDP, with Norway ahead.
- How many years of comparable data are there for Bulgaria and Norway?
- 19 years are reported by both, from 2007 to 2025.
- How do Bulgaria and Norway rank globally for venture capital investments?
- Bulgaria ranks 20th and Norway ranks 18th of 28 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Venture capital investments (market statistics). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
In the OECD Entrepreneurship Financing Database, venture capital is made up of the sum of early stage (including pre-seed, seed, start-up and other early stage) and later stage venture capital. As there are no harmonised definitions of venture capital stages across venture capital associations and other data providers, original data have been re-aggregated to fit the OECD classification of venture capital by stages. Korea, New Zealand, the Russian Federation and South Africa do not provide breakdowns of venture capital by stage that would allow meaningful international comparisons. The attached table shows the correspondences between original data and OECD harmonised data for venture capital investments by stage. https://webfs-sdd.oecd.org/files/.Stat/VC_INV/VC_OECD_HarmonisedStages.xlsx Venture capital is a form of equity financing particularly relevant for young companies with innovation and growth potential but untested business models and no track record; it replaces or complements traditional bank finance. The development of the venture capital industry is considered an important framework condition to stimulate innovative entrepreneurship. Aggregate data on venture capital provide useful information on trends in the venture capital industry. These data are typically compiled by national or regional Private Equity and Venture Capital Associations, often with the support of commercial data providers. The quality and availability of aggregate data on venture capital have improved considerably in recent years; international comparisons, however, remain complicated because of two main problems. The first difficulty comes from the lack of a standard international definition of venture capital. While there is a general understanding, the definition of the types of investments included in venture capital varies across countries and regions. In some cases, differences are purely linguistic; in others, they are more substantive. The second problem relates to the diverse methodologies employed by data compilers. The completeness and representativeness of venture capital statistics with respect to the venture capital industry of a country will differ depending on how data were collected. The units used are : Millions of US Dollars and share of GDP. OECD statistics contact: stat.contact@oecd.org