December 18 (SeeNews) - Bulgaria's current account surplus narrowed to 2.61 billion euro ($2.97 billion) in the first ten months of 2018, compared to 3.68 billion euro in the same period of 2017, the central bank said on Tuesday.
The current account surplus in the January-October period was equivalent to 4.9% of the country's projected gross domestic product (GDP) in 2018, the Bulgarian National Bank (BNB) said in a statement.
In October alone, Bulgaria posted a current account surplus of 56.1 million euro, down from 78.8 million euro in October 2017.
Details follow (in millions of euro):
|
Jan-Oct'18 |
Jan-Oct'17 |
CURRENT ACCOUNT |
2,609.0 |
3,676.2 |
- Goods and services (net) |
1,281.1 |
2,427.5 |
--> goods (net) |
-251.9 |
-1,829.0 |
--> services (net) |
2,679.4 |
3,110.1 |
- Primary income (net) |
-401.4 |
-387.5 |
- Secondary income (net) |
1,650.0 |
1,715.4 |
CAPITAL ACCOUNT |
517.2 |
378.9 |
FINANCIAL ACCOUNT |
2,706.8 |
1,985.6 |
source: BNB
($ = 0.8780 euro)