Trade Balance in Bulgaria
Bulgaria - Trade Balance (Euros)
Annual 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 - Trade Balance (EUR) Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Trade Balance (EUR billion) | -2.6 | -1.0 | -0.8 | -1.9 | -1.7 |
Bulgaria Trade Balance (EUR) Chart
Source: Bulgarian National Bank and FocusEconomics calculations.
Bulgaria Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.40 | 0.0 % | Dec 31 |
Sample Report
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.
Economic News
-
Bulgaria: Inflation comes in at highest level since July 2008 in April
May 17, 2022
Consumer prices increased 2.46% in April over the previous month, after the 2.22% increase recorded in March.
-
Bulgaria: Industrial output grows at fastest pace since April 2021 in March
May 11, 2022
Industrial production expanded 19.5% year-on-year in March (February: +14.8% yoy).
-
Bulgaria: Inflation comes in at highest level since July 2008 in March
April 19, 2022
Consumer prices increased 2.22% from the previous month in March, following the 1.36% rise recorded in February.
-
Bulgaria: Industrial output growth moderates in February
April 8, 2022
Industrial production rose 14.4% year-on-year in February (January: +17.2% yoy).
-
Bulgaria: Inflation comes in at highest level nearly 14 years in February
March 14, 2022
Consumer prices increased 1.36% from the previous month in February, below the 1.54% increase recorded in January.
© Copyright: 2022. | Bulgaria Trade Balance | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
