Current Account in Bulgaria

Bulgaria Current Account | Economic News & Forecasts

Bulgaria - Current Account

Economic activity appeared to moderate somewhat in Q3: Industrial output and merchandise exports increased at a slower rate in July–August than in Q2, while both consumer and business sentiment turned more pessimistic in September. However, the unemployment rate declined in August and household credit growth accelerated to an 18-month high in September, both of which point to improving consumer spending in the quarter. Turning to Q4, a spike in Covid-19 cases that began in August has worsened significantly in recent weeks, with daily new infections hitting record levels in mid-October and the country’s vaccination campaign still lagging behind regional neighbors. The situation has prompted the interim government to impose restrictions which limit entry to most indoor public venues to those who possess a health pass certifying their proof of vaccination, recovery or recent negative test.

Bulgaria - Current Account Data

2015   2016   2017   2018   2019  
Current Account (% of GDP)0.1  3.2  3.5  1.4  4.1  

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Bulgaria Current Account Chart

Bulgaria Current Account
Note: Current account balance as % of GDP.
Source: Bulgarian National Bank and FocusEconomics calculations.

Bulgaria Facts

Value Change Date
Bond Yield0.400.0 %Dec 31

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