Bulgaria recorded a Current Account deficit of 0.70 percent of the country's Gross Domestic Product in 2022. source: Bulgarian National Bank

Current Account to GDP in Bulgaria averaged -3.37 percent of GDP from 1980 until 2022, reaching an all time high of 4.00 percent of GDP in 1997 and a record low of -24.10 percent of GDP in 1993. This page provides - Bulgaria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Current Account to GDP - values, historical data and charts - was last updated on June of 2023.

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Bulgaria Current Account to GDP

Related Last Previous Unit Reference
Current Account -338.20 330.80 EUR Million Mar 2023
Current Account to GDP -0.70 -1.90 percent of GDP Dec 2022
External Debt 45266.80 44319.10 EUR Million Mar 2023
Capital Flows -395.30 556.40 EUR Million Mar 2023
Remittances 134.10 116.50 EUR Million Mar 2023
Foreign Direct Investment 903.30 198.60 EUR Million Mar 2023

Bulgaria Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -1.90 4.00 -24.10 1980 - 2022 percent of GDP Yearly