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.

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Bulgaria Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-202.10 -278.30 1012.60 -1166.80 1998 - 2020 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-17 10:00 AM Sep €-183.5M €22.6M € 300M
2020-12-16 10:00 AM Oct €-124.3M €-160.5M €-120M
2021-01-19 10:00 AM Nov €-278.3M €-171.6M €20M
2021-02-19 10:00 AM Dec €-202.1M €-278.3M
2021-03-19 10:00 AM Jan €-202.1M
2021-04-16 09:00 AM Feb
2021-05-19 09:00 AM Mar
2021-06-17 09:00 AM Apr


News Stream
Bulgaria Current Account Narrows in 2020
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.
2021-02-19
Bulgaria Current Account Surplus Narrows in June
Bulgaria’s current account surplus narrowed to EUR 159.9 million in June 2020 from EUR 652.8 million in the corresponding month of the previous year. The services surplus dropped to EUR 120.4 million from EUR 508.6 million a year earlier and the secondary income surplus declined to EUR 226.1 million from EUR 372.5 million. In contrast, the goods deficit decreased to EUR 81.3 million from EUR 104.7 million in June 2019; and the primary income gap went down to EUR 105.3 million from EUR 123.6 million. On a quarterly basis, the country’s current account surplus fell to EUR 337.9 million from EUR 460.8 million in the same period a year earlier.
2020-08-17
Bulgaria Current Account Surplus Widens in May
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.
2020-07-17
Bulgaria April Current Account Balance Swings to Surplus
Bulgaria posted a current account surplus of 249.7 of EUR 186.5 million in April of 2020 compared to a deficit of EUR 249.7 million in the same month of the previous year. The goods account shifted to a surplus of EUR 120.2 compared to a gap of EUR 222.1 million, while the services surplus shrank to EUR 61.3 million from EUR 118.7 million, as travel receipts fell sharply to EUR 23.2 million from EUR 182.9 million amid Covid-19 global restrictions. On the other hand, the primary income deficit declined to EUR 5.7 million from EUR 268.8 million in April of 2019; and the secondary income surplus fell to EUR 10.6 million from EUR 122.5 million.
2020-06-17

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).