The number of visitors from abroad to Bulgaria increased 6.0 percent year-on-year to 609.7 thousand in November 2019, boosted by trips with all observed purposes: holiday & recreation (9.1 percent); professional (1.7 percent); and other purpose, including guest and passing transit (5.7 percent). Visits increased from Turkey (25.1 percent), the UK (19.0 percent), Italy (13.6 percent), Germany (10.2 percent), Poland (7.9 percent), and France (3.0 percent); while a decline was recorded in arrivals from Austria (-5.8 percent), Greece (-5.7 percent), the Netherlands (-1.8 percent), and Romania (-1.3 percent). Tourist Arrivals in Bulgaria averaged 863547.35 from 1991 until 2019, reaching an all time high of 3531567 in December of 2003 and a record low of 237256 in January of 2007.

Tourist Arrivals in Bulgaria is expected to be 630000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourist Arrivals in Bulgaria to stand at 580000.00 in 12 months time. In the long-term, the Bulgaria Tourist Arrivals is projected to trend around 700000.00 in 2020, according to our econometric models.

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Bulgaria Tourist Arrivals

Actual Previous Highest Lowest Dates Unit Frequency
609650.00 766411.00 3531567.00 237256.00 1991 - 2019 Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 08:00 AM Aug 3.8% -3.2% 4.9%
2019-10-28 09:00 AM Sep -2.9% 3.8% 5%
2019-11-27 09:00 AM Oct 3.7% -2.9%
2019-12-30 09:00 AM Nov 6.0% 3.7% 4.1%


News Stream
2019-11-27
Tourist Arrivals in Bulgaria Increase 3.7% YoY in October
The number of visitors from abroad to Bulgaria increased 3.7 percent year-on-year to 766.4 thousand in October of 2019, after a 2.9 percent fall in the previous month. There was a rise in trips with all observed purposes: holiday & recreation (6.4 percent), professional (2.2 percent) and other purpose including guest and passing transit (2.2 percent). The number of visitors from the EU went down 2.6 percent and accounted to 52.2 percent of the total. Main declines were seen from Poland (-32.7 percent), Italy (19.7 percent), the Netherlands (-11.7 percent), Belgium (-10.9 percent) and Germany (-7.1 percent). In contrast, tourist arrivals were higher from the UK (10.2 percent), Austria (8.2 percent), Greece (3.2 percent) and Romania (1.5 percent).

2019-10-28
Bulgaria Tourist Arrivals Drop 2.9% in September
The number of visitors from abroad to Bulgaria decreased 2.9 percent year-on-year to 1,286.4 thousand in September 2019, after a 3.8 percent rise in the previous month. Declines were seen in the trips with all observed purposes, namely holiday & recreation (-3.1 percent); other purpose including guest and passing transit (-3 percent) and professional purposes (-1.6 percent). The number of visitors from the EU went down 5.5 percent and accounted to 61.2 percent of the total. Tourist arrivals were lower from Germany (-20.8 percent), France (-11.7 percent), Greece (-5.1 percent), Austria (-4.8 percent), Romania (-3.4 percent) and Czech Republic (-2 percent). In contrast, main increases were registered from the UK (15 percent), Denmark (8.9 percent), Hungary (8.1 percent) and the Netherlands (8 percent).

2019-09-27
Tourist Arrivals in Bulgaria Increase 3.8% YoY in August
The number of visitors from abroad to Bulgaria increased 3.8 percent year-on-year to 2,325.2 thousand in August of 2019, after a 3.2 percent fall in the previous month. There was a rise in trips of holiday & recreation (7.6 percent) and professional purposes (6.1 percent) while those with other purpose including guest and passing transit decreased (-2.1 percent). The number of visitors from the EU went up 3.6 percent and accounted to 62.1 percent of the total. Tourist arrivals were higher from Romania (30.9 percent), the UK (17.8 percent), Spain (15.8 percent), Austria (5.4 percent) and Hungary (4.3 percent). In contrast, main declines were seen from Germany (-12.7 percent) and Belgium (-5.8 percent)

2019-08-27
Bulgaria Tourist Arrivals Fall 3.2% YoY in July
The number of visitors from abroad to Bulgaria decreased 3.2 percent year-on-year to 2,083.1 thousand in July of 2019, following a 0.9 percent drop in the prior month. There was a decrease in trips of holiday & recreation (-6.2 percent) while and increase was seen in trips of professional (1.7 percent) and other purpose including guest and passing transit (0.4 percent). The number of visitors from the EU fell 5.2 percent and accounted to 60.1 percent of the total. Tourist arrivals decreased from Czech Republic (-13.9 percent), Germany (-12.9 percent), Poland (-11.6 percent) and Greece (-7.6 percent). In contrast, main increases were seen from United Kingdom (21.0 percent), Ireland (19.1 percent), Hungary (6.5 percent), Romania (6.1 percent), Spain (3.5 percent) and France (1.6 percent).

2019-07-29
Bulgaria Tourist Arrivals Fall 0.9% YoY in June
The number of visitors from abroad to Bulgaria decreased 0.9 percent year-on-year to 1,537 thousand in June of 2019, after a 0.9 percent rise in the prior month. There was a decrease in trips of professional (-4.5 percent) and holiday & recreation purpose (-2.5 percent) while and increase was seen in trips of other purpose including guest and passing transit (3.0 percent). The number of visitors from the EU fell 5.4 percent and accounted to 55.9 percent of the total. Tourist arrivals decreased from Poland (-13.6 percent), Germany (-8.9 percent), France (-7.0 percent), Romania (-3.7 percent) and from Greece (-3.2 percent). In contrast, main increases were seen from Ireland (11.1 percent), Spain (5.1 percent), the UK (4.3 percent) and from Hungary (0.7 percent).

2019-06-27
Bulgaria Tourist Arrivals Rise 0.9% YoY in May
The number of visitors from abroad to Bulgaria went up 0.9 percent year-on-year to 946.7 thousand in May of 2019, following a 4.2 percent rise in the prior month. There was a decrease in trips of holiday & recreation purpose (-0.9 percent) while an increase was seen in trips of professional purpose (1.7 percent) and other purpose including guest and passing transit (2.1 percent). The number of visitors from the EU fell 0.7 percent and accounted to 62.7 percent of the total. Tourist arrivals decreased from Italy (-17.2 percent), Germany (-0.5 percent) and France (-0.5 percent). In contrast, main increases were seen in arrivals from the UK (14.1 percent), Austria (6.7 percent) and Greece (2.9 percent).

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 152.20 -85.10 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 [+]