Bulgaria posted a current account surplus of EUR 155.5 million in March of 2019, switching from a EUR 51.3 million deficit in the same month of the previous year. The goods and services account recorded a EUR 49.1 million surplus, compared with a EUR 81.6 million gap a year earlier, as the goods shortfall narrowed sharply to EUR 41.3 million from EUR 187.4 million and the services surplus decreased to EUR 90.4 million from EUR 105.8 million. Also, the primary income account swung to a EUR 22.8 million surplus from a EUR 52.4 million deficit in March of 2018 while the secondary income surplus rose slightly to EUR 83.6 million from EUR 82.7 million. Considering the first quarter of 2019, the current account surplus widened sharply to EUR 654.3 million from EUR 5.7 million in the same period of the prior year. Current Account in Bulgaria averaged -92.13 EUR Million from 1998 until 2019, reaching an all time high of 1200.20 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 300.00 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 -190.00 in 12 months time. In the long-term, the Bulgaria Current Account is projected to trend around -100.00 EUR Million in 2020, according to our econometric models.

Bulgaria Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-19 10:00 AM Current Account €-51M €58.6M € -350M
2019-03-22 10:00 AM Current Account €88.7M €-51M €-15M
2019-04-17 09:00 AM Current Account €416.2M €88.7M €250M
2019-05-20 09:00 AM Current Account €155.5M €416.2M € -20M
2019-06-19 09:00 AM Current Account €155.5M €140M
2019-07-19 09:00 AM Current Account
2019-08-19 09:00 AM Current Account € 300M


Bulgaria Trade Last Previous Highest Lowest Unit
Balance of Trade -61.40 -138.60 411.70 -1862.90 BGN Million [+]
Current Account 155.50 416.21 1200.20 -1166.80 EUR Million [+]
Current Account to GDP 4.60 6.40 6.40 -24.10 percent [+]
Imports 4794.70 4788.60 5787.30 824.50 BGN Million [+]
Exports 4733.30 4650.00 5389.90 607.60 BGN Million [+]
External Debt 33349.10 33291.60 39435.60 9401.10 EUR Million [+]
Capital Flows 60.00 775.90 985.20 -2825.50 EUR Million [+]
Remittances 95.50 88.30 117.60 50.80 EUR Million [+]
Tourist Arrivals 555620.00 482982.00 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 61.00 70.00 167.00 1.00 USD Million [+]
Foreign Direct Investment 53.00 4.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
155.50 416.21 1200.20 -1166.80 1998 - 2019 EUR Million Monthly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 2847.87 Mar/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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