Bulgaria’s current account surplus narrowed to EUR 202.1 million in December 2020 from EUR 339.8 million in the corresponding month of the previous year. The goods deficit shrank to EUR 260.8 million from EUR 585.8 million a year earlier and the primary income gap went down to EUR 107.1 million from EUR 141 million. Meanwhile, the services surplus dropped to EUR 147.4 million from EUR 224.5 million and the secondary income surplus declined to EUR 18.3 million from EUR 161.5 million. For full 2020, the current account surplus narrowed to EUR 67.5 million, from EUR 1847.5 million in the prior year. source: Bulgarian National Bank
Current Account in Bulgaria averaged -90.96 EUR Million from 1998 until 2020, reaching an all time high of 1012.60 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 March of 2021.
Current Account in Bulgaria is expected to be 10.00 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.