| Competition: | Bulgarian National Football Division |
| Season: | 1939–40 |
| Country: | Bulgaria |
| Winners: | ZhSK Sofia |
| Relegated: | Levski Ruse Vladislav Varna |
| Prevseason: | 1938–39 |
| Nextseason: | 1941 |
Statistics of Bulgarian National Football Division in the 1939–40 season.
It was contested by 10 teams, and ZhSK Sofia won the championship.