Bulgaria posted a current account surplus of EUR 75.1 million in May of 2020, higher than a EUR 57.7 million surplus a year earlier. The goods gap narrowed to EUR 16.2 million from EUR 274.1 million and the primary income deficit shrank to EUR 19.5 million from EUR 96.9 million. On the other hand, the services surplus decreased to EUR 57.8 million from EUR 214.6 million and the secondary income surplus narrowed to EUR 52.9 million from EUR 214.4 million.
Current Account in Bulgaria averaged -88.31 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 August of 2020.
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 450.00 in 12 months time. In the long-term, the Bulgaria Current Account is projected to trend around -180.00 EUR Million in 2021 and -130.00 EUR Million in 2022, according to our econometric models.