Current Account in Bulgaria
Bulgaria - Current AccountAnnual growth in Q1 2022 likely slowed from Q4’s rebound: Inflation spikes through January–March probably dampened private spending and fixed investment. Looking at monthly data, though industrial production and retail sales fared well year-on-year through January–February, in sequential terms both indictors lost steam over the same period. In Q2, high inflation and weak economic sentiment will be dragging on growth, despite a robust labor market and the removal of all pandemic-related restrictions on 1 April. Moreover, on 27 April, Russia halted gas deliveries to Bulgaria. While Bulgarian authorities had already decided to stop importing Russian gas by end-2022, in the short-term Russia’s politically charged move will not only drive inflation up and weaken output in gas-reliant industries, but will also threaten the already-fragile governing coalition.
Bulgaria - Current Account Data
|Current Account (% of GDP)||0.1||3.2||3.5||1.4||4.1|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Current Account Chart
Source: Bulgarian National Bank and FocusEconomics calculations.
|Bond Yield||0.40||0.0 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
April 19, 2022
Consumer prices increased 2.22% from the previous month in March, following the 1.36% rise recorded in February.
April 8, 2022
Industrial production rose 14.4% year-on-year in February (January: +17.2% yoy).
March 14, 2022
Consumer prices increased 1.36% from the previous month in February, below the 1.54% increase recorded in January.
March 10, 2022
Industrial output rose 16.5% year-on-year in January, rising from December’s 14.8% increase and marking the best result since last April.
March 8, 2022
GDP growth edged down to 4.7% in the final quarter of 2021, from 5.0% in the third.