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. 2014-04-19

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

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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 182.40 2014-01-15 325.00 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 [+]
Imports 3612.90 2014-02-15 3760.70 4515.50 824.50 4099.04 2014-06-30 Million BGL [+]
Remittances 201.00 2013-08-15 223.00 223.00 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 [+]
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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 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 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 Inflation Rate MoM at -0.20 Percent  
The Consumer Price Index in Bulgaria decreased 0.20 percent in March of 2014 over the previous month. Inflation Rate Mom in Bulgaria is reported by the Republic of Bulgaria National Statistic Institute.
Bulgaria Inflation Rate at -2.30 Percent  
The inflation rate in Bulgaria was recorded at -2.30 percent in March of 2014. Inflation Rate in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Money Supply M3 at 67601.90 BGN Million  
Money Supply M3 in Bulgaria decreased to 67601.90 BGN Million in February of 2014 from 67652.50 BGN Million in January of 2014. Money Supply M3 in Bulgaria is reported by the Bulgarian National Bank.
Bulgaria Producer Prices at 112.10 Index Points  
Producer Prices in Bulgaria decreased to 112.10 Index Points in February of 2014 from 112.20 Index Points in January of 2014. Producer Prices in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Remittances at 201.00 EUR Million  
Remittances in Bulgaria decreased to 201 EUR Million in the third quarter of 2013 from 223 EUR Million in the second quarter of 2013. Remittances in Bulgaria is reported by the Eurostat.
Bulgaria Tourist Arrivals at 4913773.00  
Tourist Arrivals in Bulgaria increased to 4913773 in 2013 from 4622710 in 2012. Tourist Arrivals in Bulgaria is reported by the National Statistical Institute of Bulgaria.
Bulgaria Average Monthly Wages at 846.00 BGN  
Wages in Bulgaria increased to 846 BGN in December of 2013 from 818 BGN in November of 2013. Wages in Bulgaria is reported by the National Statistical Institute, Bulgaria.
Bulgaria Youth Unemployment Rate at 28.40 Percent  
Youth Unemployment Rate in Bulgaria remained unchanged at 28.40 percent in February of 2014 from 28.40 percent in January of 2014. Youth Unemployment Rate in Bulgaria is reported by the Eurostat.
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