Bulgaria recorded a Current Account deficit of 142 EUR Million in November of 2022. source: Bulgarian National Bank

Current Account in Bulgaria averaged -87.19 EUR Million from 1998 until 2022, 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 January of 2023.

Current Account in Bulgaria is expected to be -240.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Current Account is projected to trend around -310.00 EUR Million in 2024, according to our econometric models.

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
Bulgaria Current Account

Calendar GMT Actual Previous Consensus TEForecast
2022-12-19 10:00 AM Oct €-177.1M €-573.8M €-150M
2023-01-18 10:00 AM Nov €-142.0M €-120.7M
2023-02-16 10:00 AM Dec €-142.0M € -680M

Related Last Previous Unit Reference
Balance of Trade -1302.90 -1576.50 BGN Million Nov 2022
Current Account -142.00 -120.70 EUR Million Nov 2022
Current Account to GDP -0.40 -0.10 percent of GDP Dec 2021
Exports 8454.60 8257.10 BGN Million Nov 2022
Imports 9757.50 9833.60 BGN Million Nov 2022
External Debt 43978.20 43790.00 EUR Million Oct 2022
Capital Flows 336.40 314.30 EUR Million Nov 2022
Remittances 93.30 106.40 EUR Million Nov 2022
Foreign Direct Investment 0.70 13.60 EUR Million Nov 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
-142.00 -120.70 1005.10 -1166.80 1998 - 2022 EUR Million Monthly

News Stream
Bulgaria Current Account Deficit Widens in October
Bulgaria’s current account gap widened to EUR 177.1 million in October of 2022 from EUR 24.3 million in the corresponding month of the previous year. The goods deficit expanded to EUR 571.6 million from EUR 257.9 million in October of 2021 and the primary income shortfall narrowed sharply to EUR 71.6 million from EUR 203.8 million. Meanwhile, the secondary income surplus went up to EUR 87.9 million from EUR 62 million and the services surplus rose to EUR 378.2 million from EUR 375.5 million.
Bulgaria Current Account Surplus Rises in September
Bulgaria’s current account gap widened to EUR 457.9 million in September of 2022 from EUR 31.5 million in the corresponding month of the previous year. The goods deficit rose to EUR 632.4 million from EUR 191.6 million in September of 2021; the primary income shortfall increased to EUR 362.1 million from EUR 322.8 million; and the secondary income surplus narrowed to EUR 106.7 million from EUR 142.5 million. Meanwhile, the services surplus rose to EUR 429.9 million from EUR 340.3 million.
Bulgaria Current Account Surplus Widens in August
Bulgaria’s current account surplus widened to EUR 560 million in August of 2022 from EUR 256.4 million in the corresponding month of the previous year. The services surplus rose to EUR 747.3 million from EUR 626.9 a year ago and the goods deficit shrank to EUR 191.4 million from EUR 233.6 million. Meanwhile, the primary income gap narrowed sharply to EUR 42.5 million from EUR 202.5 million and the secondary income surplus fell to EUR 46.6 million from EUR 65.6 million a year earlier. In the first eight months of 2022, Bulgaria’s current account surplus increased to EUR 1419.4 million from EUR 535.1 million in the corresponding period of 2021.