Bulgaria's current account surplus rose to EUR 23.9 million in December of 2019 from EUR 11.3 million in the same month of the previous year, as the primary income account recorded a surplus of EUR 24.8 million compared to EUR -37.1 million deficit a year ago while the secondary income widened to EUR 148.4 million from EUR 120.5 million. Meanwhile, the goods and services account gap increased to EUR 149.2 million from EUR 72.1 million. Considering 2019 as a whole, the country’s current account surplus widened to EUR 5,901 million from EUR 3,002 million in the same period of 2018.
Current Account in Bulgaria averaged -71.12 EUR Million from 1998 until 2019, reaching an all time high of 1128.90 EUR Million in August of 2019 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.
Current Account in Bulgaria is expected to be 60.00 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 -210.00 in 12 months time. In the long-term, the Bulgaria Current Account is projected to trend around -130.00 EUR Million in 2021, according to our econometric models.