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.

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Bulgaria Current Account

Actual Previous Highest Lowest Dates Unit Frequency
75.10 181.20 1012.60 -1166.80 1998 - 2020 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-16 09:00 AM Feb €571.6M €94.8M € 200M
2020-05-18 09:00 AM Mar €-40M €571.6M € 60M
2020-06-17 09:00 AM Apr €186.5M €-71M €-200M
2020-07-17 09:00 AM May €75.1M €181.2M
2020-08-17 09:00 AM Jun €75.1M € 390M
2020-09-18 09:00 AM Jul
2020-10-16 09:00 AM Aug
2020-11-17 10:00 AM Sep € 300M


News Stream
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 Deficit Widens in March
Bulgaria’s current account deficit widened to EUR 40.0 million in March 2020 from EUR 25.2 million in the corresponding month of the previous year. The goods shortfall increased to EUR 170.9 million from EUR 135.4 million a year earlier and the secondary income surplus narrowed to EUR 48.9 million from EUR 88.1 million. On the other hand, the services surplus rose to EUR 144 million from EUR 134.9 million in March 2019, and the primary income gap declined to EUR 62.1 million from EUR 112.9 million. Considering the first quarter of the year, the country’s current account surplus went up to EUR 501.6 million from EUR 229.9 million in the same period of 2019.
2020-05-18
Bulgaria Current Account Surplus Widens in February
Bulgaria’s current account surplus widened to EUR 571.6 million in February of 2020 from EUR 247.5 million in the corresponding month of the previous year. The services surplus rose to EUR 135.2 million from EUR 120.3 million a year earlier and the secondary income surplus advanced to EUR 500.6 million from EUR 432.8 million. In addition, the primary income account recorded a EUR 4.4 million surplus, switching from a EUR 128.5 million deficit in February of 2019 and the goods deficit narrowed to EUR 68.6 million from EUR 177.1 million.
2020-04-16

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).