Bulgaria posted a current account deficit of EUR 98.9 million in May of 2021, following a EUR 2.7 million surplus in the same month of the previous year. The goods deficit widened markedly to EUR 334.0 million from EUR 57.2 million a year earlier; and the service surplus shrank to EUR 179.2 million from EUR 198.3 million. Meanwhile, the primary income shortfall narrowed significantly to EUR 50.7 million from EUR 170.6 million, and the secondary income surplus increased sharply to EUR 106.5 million from EUR 32.2 million in May of 2020. In the first five months of 2021, Bulgaria’s current account balance switched to EUR 106.3 million deficit, compared to a EUR 318.4 million surplus in January-May of 2020. source: Bulgarian National Bank
Current Account in Bulgaria averaged -95.48 EUR Million from 1998 until 2021, reaching an all time high of 1005.10 EUR Million in July of 2017 and a record low of -1166.80 EUR Million in December of 2007. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Current Account in Bulgaria is expected to be 350.00 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 -180.00 in 12 months time. In the long-term, the Bulgaria Current Account is projected to trend around -180.00 EUR Million in 2022 and -130.00 EUR Million in 2023, according to our econometric models.