Its achievements include one silver medal from the World Championship (1970) and four bronze medals (1949, 1952, 1986, 2006), as well as one fourth place (1962). From the European Championship, Bulgaria has won one second place (1951) and four third (1955, 1981, 1983, 2009) and five fourth places (1948, 1963, 1967, 1995, 2013). Bulgaria has also won a silver medal from the 1980 Summer Olympic Games in Moscow, and has a fourth place from the 1972 Olympics in Munich and the 2012 Olympics in London. The team's World Cup has won one bronze medal (2007) and one fourth place in 1969. The team has also achieved five World League fourth places (1994, 2004, 2006, 2012, 2013).
Bulgaria was first invited to take part in the World League in 1994. In its debut season in the tournament the team managed to finish fourth led by players like Lubo Ganev, Dimo Tonev, Martin Stoev, etc. In the next four editions Bulgaria took part but did not manage to tie or beat its first season performance – the team came fifth in 1995, eight in 1996, sixth in 1997, and seventh in 1998. Bulgaria was then excluded from the World League until the 2003 season. It has been a constant participant ever since and among the contestants for the final phase of the tournament. Under the guidance of Milorad Kijac the new wave of players including Teodor Salparov, Danail Mihaylov, etc. mixed well with the more experienced Evgeni Ivanov, Plamen Konstantinov, Nikolay Ivanov, Vladimir Nikolov, Hristo Tsvetanov to come fifth in 2003. The next year once again under Kijac the team played some impressive games and succeeded to tie its best performance of finishing fourth. The team included more players of the Under-21 team that the previous year managed to win a medal at the World Championships such as Matey Kaziyski and Milushev. In 2005 with a new coach, Martin Stoev, the team finished fifth, followed by another tied best-ever performance – fourth in 2006, and another fifth in 2007. In 2008 the team finished seventh, while in 2009 they finished tenth. In 2010 Bulgaria recorded another seventh place. In 2011 Bulgaria qualified for first time in the Final Round after four years, they finished fifth. The 2012 Final Round was held in the newly opened Armeets Arena in Sofia, and the host team finished fourth yet again, narrowly missing on the bronze medals after a 3–2 loss to Cuba in the 3rd place game.