Bulgaria recorded a Current Account surplus of 410.30 EUR Million in November of 2019. Current Account in Bulgaria averaged -71.44 EUR Million from 1998 until 2019, reaching an all time high of 1128.90 EUR Million in August of 2019 and a record low of -1166.80 EUR Million in December of 2007.

Current Account in Bulgaria is expected to be 60.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Bulgaria to stand at -210.00 in 12 months time. In the long-term, the Bulgaria Current Account is projected to trend around -130.00 EUR Million in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Bulgaria Current Account

Actual Previous Highest Lowest Dates Unit Frequency
410.30 399.10 1128.90 -1166.80 1998 - 2019 EUR Million Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-10-18 09:00 AM Aug €1249M €955.9M €1100M
2019-11-19 10:00 AM Sep €718M €1165M € 450M
2019-12-20 10:00 AM Oct €399M €743M €100M
2020-01-20 09:40 AM Nov €410.3M €399M
2020-02-19 10:00 AM Dec €410.3M € -190M


News Stream
2019-11-19
Bulgaria Current Account Surplus Widens
Bulgaria's current account surplus rose sharply to EUR 718 million in September of 2019 from EUR 384.2 million in the same month of the previous year, as the goods and services account widened to EUR 491.5 million from EUR 369.9 million a year ago. In addition, the primary income account shifted to a EUR 50.4 million surplus compared to a EUR 47.9 million deficit while the secondary income surplus increased to EUR 176.1 million from EUR 62.2 million. In the first nine months of the year, the country's current account surplus went up to EUR 4,862 million from EUR 2,798 million in the same period of 2018.

2019-10-18
Bulgaria Current Account Surplus Reaches All-Time High
Bulgaria´s current account surplus widened to EUR 1,249 million in August of 2019 from EUR 1,157.7 million in the same month a year earlier, reaching the highest surplus on record since at least 1998. The goods and services surplus rose to EUR 1,015.2 million from EUR 811.3 million a year ago and the primary income account swung to a EUR 43.2 million surplus compared with a deficit of EUR 49.5 million in the same. Meanwhile, the secondary income surplus narrowed to EUR 117.2 million from EUR 261.1 million. In the first eight months of 2019, the current account surplus increased to EUR 4.812.7 million from EUR 2.800.7 million in the corresponding period of 2018.

2019-09-19
Bulgaria Current Account Surplus Narrows
Bulgaria’s current account surplus shrank to EUR 955.9 million in July 2019 from EUR 1,002 million in the same month a year earlier. The services surplus fell to EUR 739.1 million from EUR 774.8 million in July 2018 and the secondary income surplus dropped to EUR 155 million from EUR 360.3 million. Meantime, the goods deficit narrowed to EUR 8.9 million from EUR 84.5 million and the primary income account recorded a EUR 70.7 million surplus, swinging from a EUR 48.6 million gap.

2019-08-19
Bulgaria Posts Widest Current Account Surplus in Near a Year
Bulgaria's current account surplus rose sharply to EUR 880.3 million in June of 2019 from EUR 341.9 million in the same month of the previous year. This is the highest current account surplus since August last year. The goods balance shifted to a EUR 29.6 million surplus compared to a EUR 202.2 million deficit; and the services surplus rose to EUR 499.7 million from EUR 486.4 million a year ago. In addition, the primary income gap decreased to EUR 13.8 million from EUR 67.6 million and the secondary income surplus widened to EUR 364.9 million from EUR 125.3 million in June 2018. In the first six months of the year, the country's current account surplus went up to EUR 1,758.6 million from EUR 266.3 million in the same period of 2018.

2019-07-19
Bulgaria Current Account Balance Swings to Surplus in May
Bulgaria posted a current account surplus of EUR 328.6 million in May of 2019, shifting from a EUR 2.9 million deficit in the corresponding month of the previous year. The goods and services account recorded a surplus of EUR 87.5 million, compared with a EUR 91.7 million gap in May of 2018 and the primary income account posted a surplus of EUR 63.8 million, swinging from a EUR 72.4 million. In addition, the secondary income surplus widened to EUR 177.3 million from EUR 161.3 million a year earlier.

2019-06-19
Bulgaria Current Account Swings to Surplus in April
Bulgaria posted a current account surplus of EUR 149.2 million in April of 2019, compared to a EUR 78.4 million deficit in the corresponding month of the previous year. The primary income account recorded a EUR 45.1 million surplus swinging from a EUR 62.8 million gap a year ago while the goods and services shortfall narrowed sharply to EUR 6.9 million from EUR 146.4 million. Meanwhile, the secondary income surplus decreased to EUR 111 million from EUR 130.8 million.


Bulgaria Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Bulgaria Trade Last Previous Highest Lowest Unit
Balance of Trade -113.40 -130.70 135.10 -2106.20 BGN Million [+]
Current Account 410.30 399.10 1128.90 -1166.80 EUR Million [+]
Current Account to GDP 4.60 6.40 6.40 -24.10 percent [+]
Imports 5163.60 5538.30 6228.90 894.10 BGN Million [+]
Exports 5050.20 5407.60 5445.80 607.60 BGN Million [+]
External Debt 34469.50 34199.70 39375.50 9401.10 EUR Million [+]
Capital Flows -306.40 121.00 989.70 -2825.50 EUR Million [+]
Remittances 96.60 102.10 119.70 50.80 EUR Million [+]
Tourist Arrivals 609650.00 766411.00 3531567.00 237256.00 [+]
Gold Reserves 40.47 40.47 40.47 39.56 Tonnes [+]
Foreign Direct Investment 17.30 152.20 1018.40 -879.80 EUR Million [+]
Crude Oil Production 1.00 1.00 1.10 0.60 BBL/D/1K [+]
Terrorism Index 0.37 0.32 3.09 0.00 [+]
Weapons Sales 7.00 30.00 167.00 1.00 USD Million [+]