Bulgaria Current Account to GDP

Bulgaria recorded a Current Account surplus of 2 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Bulgaria is reported by the Eurostat. Current Account to GDP in Bulgaria averaged -4.51 Percent from 1980 until 2013, reaching an all time high of 4 Percent in 1997 and a record low of -25.20 Percent in 2007. 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. This page provides - Bulgaria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.00 1.30 4.00 -25.20 2.07 | 2014/06 1980 - 2013 Percent Yearly

TO

Bulgaria Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP 2.00 2013-12-31 1.30 4.00 -25.20 2.07 2014-06-30 Percent [+]
Balance of Trade -391.30 2014-02-15 -661.10 236.20 -1862.90 -561.97 2014-06-30 Million BGL [+]
Current Account -107.30 2014-02-15 -282.00 850.20 -1167.40 -205.41 2014-06-30 EUR Million [+]
Capital Flows 267.50 2014-02-15 187.60 1549.90 -677.40 -93.63 2014-06-30 EUR Million [+]
Exports 3221.60 2014-02-15 3099.60 3979.20 607.60 3230.62 2014-06-30 Million BGL [+]
External Debt 37268.60 2014-01-31 37129.20 37903.30 9401.10 37476.63 2014-06-30 EUR Million [+]
Gold Reserves 39.99 2013-12-31 39.97 39.99 39.56 Tonnes [+]
Imports 3612.90 2014-02-15 3760.70 4515.50 824.50 4099.04 2014-06-30 Million BGL [+]
Remittances 195.00 2013-11-15 212.00 223.00 56.00 215.60 2014-06-30 EUR Million [+]
Tourist Arrivals 4913773.00 2013-06-30 4622710.00 4913773.00 872107.00 5044394.93 2014-06-30 [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


RELATED NEWS

Bulgaria Balance of Trade at -391.30 Million BGL  
Bulgaria recorded a trade deficit of 391.30 Million BGL in February of 2014. Balance of Trade in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Current Account at -107.30 EUR Million  
Bulgaria recorded a Current Account deficit of 107.30 EUR Million in February of 2014. Current Account in Bulgaria is reported by the Bulgarian National Bank.
Bulgaria Capital Flows at 267.50 EUR Million  
Capital Flows in Bulgaria increased to 267.50 EUR Million in February of 2014 from 187.60 EUR Million in January of 2014. Capital Flows in Bulgaria is reported by the Bulgarian National Bank.
Bulgaria Capacity Utilization at 68.00 Percent  
Capacity Utilization in Bulgaria increased to 68 percent in the first quarter of 2014 from 67.70 percent in the fourth quarter of 2013. Capacity Utilization in Bulgaria is reported by the European Commission.
Bulgaria Consumer Confidence at -34.80  
Consumer Confidence in Bulgaria increased to -34.80 in the first quarter of 2014 from -40.70 in the fourth quarter of 2013. Consumer Confidence in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Changes in Inventories at 112.33 BGN Million  
Changes in Inventories in Bulgaria increased to 112.33 BGN Million in the fourth quarter of 2013 from 36.27 BGN Million in the third quarter of 2013. Changes in Inventories in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Construction Output at 5.40 Percent  
Construction output in Bulgaria increased 5.40 percent in February of 2014 over the same month in the previous year. Construction Output in Bulgaria is reported by the Eurostat.
Bulgaria Consumer Price Index (CPI) at 6561.09 Index Points  
Consumer Price Index (CPI) in Bulgaria decreased to 6561.09 Index Points in March of 2014 from 6576.41 Index Points in February of 2014. Consumer Price Index (CPI) in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Employed Persons at 2931.60 Thousand  
The number of employed persons in Bulgaria decreased to 2931.60 Thousand in the fourth quarter of 2013 from 3012.90 Thousand in the third quarter of 2013. Employed Persons in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Exports at 3221.60 Million BGL  
Exports in Bulgaria increased to 3221.60 Million BGL in February of 2014 from 3099.60 Million BGL in January of 2014. Exports in Bulgaria is reported by the National Statistical Institute, Bulgaria.
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