Current Account in Bulgaria

Bulgaria Current Account | Economic News & Forecasts

Bulgaria - Current Account

Growth, which was revised upwards by a second estimate of the national accounts, shifted into a higher gear in the first quarter of this year. A buoyant external sector powered the acceleration, defying a challenging global trade backdrop and more than compensating for a loss of stride in the domestic economy, especially in fixed investment growth. Turning to the second quarter, available data suggests the economy broadly kept momentum. Business confidence improved in both April and May, which points to strengthening investment activity. Meanwhile, signals for consumer spending have been mixed: While consumer confidence was largely stable in April-May and the unemployment rate dropped in April, retail sales contracted in April and consumer credit growth slowed—albeit still strong—in the first two months of Q2.

Bulgaria - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)1.3  1.3  0.0  2.6  3.1  

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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

ValueChangeDate
Bond Yield0.500.0 %Jul 11
Exchange Rate1.73-0.72 %Jul 11
Stock Market583-0.35 %Jul 11

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