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.

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Bulgaria Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-98.90 7.80 1005.10 -1166.80 1998 - 2021 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-16 09:30 AM Feb €351M €84M
2021-05-19 09:00 AM Mar €-330.8M €351M
2021-06-17 09:00 AM Apr €7.8M €-303.3M €-280M
2021-07-19 09:00 AM May €-98.9M € 7.8M
2021-08-17 09:00 AM Jun €-98.9M
2021-09-17 09:00 AM Jul
2021-10-19 09:00 AM Aug
2021-11-18 10:00 AM Sep
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Bulgaria Current Account Switches to Deficit in May
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.
2021-07-19
Bulgaria Current Account Surplus Narrows in April
Bulgaria’s current account surplus narrowed to EUR 7.8 million in April of 2021 from EUR 24.2 million surplus in the same month of the previous year. The goods account shifted to a deficit of EUR 95.4 million compared to a EUR 17.7 million surplus a year earlier; and the service surplus shrank to EUR 172.6 million from EUR 206.3 million. Meanwhile, the primary income gap narrowed to EUR 58.9 million from EUR 158.4 million, and the secondary income deficit shrank to EUR 10.6 million from EUR 41.4 million in the same month of the previous year. In the first four months of 2021, Bulgaria’s current account balance switched to EUR 103 million deficit, compared to a EUR 315 million surplus in January-April of 2020.
2021-06-17
Bulgaria Current Account Gap Widens in March
Bulgaria's current account deficit widened to EUR 330.8 million in March of 2021 from EUR 111.3 million in the same month of the previous year. The goods deficit expanded to EUR 326.0 million from EUR 190.6 million a year earlier and the services surplus shrank to EUR 154.9 million from EUR 236.2 million. At the same time, the primary income gap increased to EUR 236.2 million from EUR 173.5 million, while the secondary income surplus improved to EUR 76.5 million from EUR 16.6 million in the same month of the previous year. Considering the first three months of 2021, the country’s current account balance switched to a EUR 163.5 million deficit, from a EUR 291.6 million surplus in the first quarter of 2020.
2021-05-19
Bulgaria January Current Account Swings to Surplus in January
Bulgaria posted a current account surplus 85 EUR million in January of 2021 compared to a deficit of 12.7 EUR million in the same month of the previous year. The goods deficit shrank to EUR 33.1 million from EUR 79.2 million a year earlier and the primary income account switched to a EUR 34.6 million surplus from a gap EUR 172.7 million. Meanwhile, the services surplus dropped to EUR 142.8 million from EUR 256.7 million and the secondary income deficit increased to EUR 59.3 million from a deficit EUR 17.6 million.
2021-03-19

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).