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 Current Account in Bulgaria averaged -93.01 EUR Million from 1998 until 2019, reaching an all time high of 1029.50 EUR Million in July of 2017 and a record low of -1166.80 EUR Million in December of 2007.

Current Account in Bulgaria is expected to be 450.00 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 390.00 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.

Bulgaria Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-20 09:00 AM Current Account Mar €155.5M €416.2M € -20M
2019-06-19 09:00 AM Current Account Apr €149.2M €84.6M €140M
2019-07-19 09:00 AM Current Account May €328.6M €157M € 60M
2019-08-19 09:00 AM Current Account Jun €880.3M €239.1M € 550M
2019-09-19 09:00 AM Current Account Jul €880.3M
2019-10-18 09:00 AM Current Account Aug
2019-11-19 10:00 AM Current Account Sep € 450M


Bulgaria Trade Last Previous Highest Lowest Unit
Balance of Trade 104.50 -185.40 411.70 -1862.90 BGN Million [+]
Current Account 880.30 239.10 1029.50 -1166.80 EUR Million [+]
Current Account to GDP 4.60 6.40 6.40 -24.10 percent [+]
Imports 4419.90 4832.30 5787.30 824.50 BGN Million [+]
Exports 4524.40 4646.90 5389.90 607.60 BGN Million [+]
External Debt 33798.30 33964.80 39435.60 9401.10 EUR Million [+]
Capital Flows 348.90 144.80 985.20 -2825.50 EUR Million [+]
Remittances 119.70 105.30 119.70 50.80 EUR Million [+]
Tourist Arrivals 1537033.00 946721.00 3531567.00 237256.00 [+]
Gold Reserves 40.40 40.40 40.40 39.56 Tonnes [+]
Terrorism Index 0.32 1.18 3.09 0.00 [+]
Weapons Sales 7.00 30.00 167.00 1.00 USD Million [+]
Foreign Direct Investment -2.80 -91.40 1018.40 -414.00 EUR Million [+]
Crude Oil Production 1.00 1.00 1.10 0.60 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). This page provides the latest reported value for - Bulgaria Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Current Account - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
880.30 239.10 1029.50 -1166.80 1998 - 2019 EUR Million Monthly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France -755.00 Jun/19
Germany 20646.19 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1211.17 Jun/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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