Venture capital investments in Bulgaria
Bulgaria: Venture capital investments was 0.0228 Percentage of GDP in 2025. ◆ Volatile
Venture capital investments in Bulgaria, 2007–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for venture capital investments in Bulgaria is 0.0228 Percentage of GDP, measured in 2025.
Compared with earlier readings it is down 15.4% on the previous year and up 22.7% over ten years.
Over the whole period, venture capital investments in Bulgaria peaked at 0.0269 Percentage of GDP in 2024 and was at its lowest, 0 Percentage of GDP, in 2012.
Bulgaria ranks 20th of 28 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Venture capital investments in Bulgaria, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2007 | 0.0103 Percentage of GDP | — |
| 2008 | 0.0197 Percentage of GDP | +92.1% |
| 2009 | 0.0226 Percentage of GDP | +14.7% |
| 2010 | 0.0041 Percentage of GDP | -82.0% |
| 2011 | 0.0045 Percentage of GDP | +9.8% |
| 2012 | 0 Percentage of GDP | -98.9% |
| 2013 | 0.0083 Percentage of GDP | +16669.5% |
| 2014 | 0.0051 Percentage of GDP | -38.2% |
| 2015 | 0.0185 Percentage of GDP | +260.3% |
| 2016 | 0.0115 Percentage of GDP | -38.1% |
| 2017 | 0.008 Percentage of GDP | -30.3% |
| 2018 | 0.0073 Percentage of GDP | -8.3% |
| 2019 | 0.0052 Percentage of GDP | -29.0% |
| 2020 | 0.0123 Percentage of GDP | +136.3% |
| 2021 | 0.025 Percentage of GDP | +103.2% |
| 2022 | 0.0137 Percentage of GDP | -45.0% |
| 2023 | 0.0259 Percentage of GDP | +88.5% |
| 2024 | 0.0269 Percentage of GDP | +3.8% |
| 2025 | 0.0228 Percentage of GDP | -15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0175 Percentage of GDP | 0.0103 Percentage of GDP | 0.0226 Percentage of GDP | 3 |
| 2010s | 0.0073 Percentage of GDP | 0 Percentage of GDP | 0.0185 Percentage of GDP | 10 |
| 2020s | 0.0211 Percentage of GDP | 0.0123 Percentage of GDP | 0.0269 Percentage of GDP | 6 |
Countries ranked near Bulgaria
More economy & growth data for Bulgaria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.58 Percent per annum (2029)
- Industry (including construction), value added (current US$), annual 15.8 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2121 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,312 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 11.15 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1882 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 3,825 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.44 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.093 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is venture capital investments in Bulgaria?
- Venture capital investments in Bulgaria was 0.0228 Percentage of GDP in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest venture capital investments recorded in Bulgaria?
- The highest recorded value was 0.0269 Percentage of GDP in 2024.
- What is the lowest venture capital investments recorded in Bulgaria?
- The lowest recorded value was 0 Percentage of GDP in 2012.
- How does Bulgaria rank for venture capital investments?
- Bulgaria ranks 20th out of 28 countries with data for 2025.
- Is venture capital investments rising or falling in Bulgaria?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is volatile.
- Where does this Bulgaria data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Venture capital investments (market statistics). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under OECD Terms and Conditions (attribution required).
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