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Bulgaria's c/a surplus widens to 4.86 bln euro in Jan-Sept

Nov 19, 2019, 1:30:01 PMArticle by Mario Tanev
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November 18 (SeeNews) - Bulgaria's current account was in surplus of 4.86 billion euro ($4.62 billion) in January-September, compared to a surplus of 2.80 billion euro in the like period of 2018, the central bank said on Tuesday.

Bulgaria's c/a surplus widens to 4.86 bln euro in Jan-Sept
tanatat/Shutterstock.com

The current account surplus in the first nine months of this year was equivalent to 8.2% of Bulgaria's expected 2019 gross domestic product (GDP), the Bulgarian National Bank (BNB) said in a monthly balance of payments report.

In September alone, Bulgaria's current account was in surplus of 718 million euro, which compares to a surplus of 384.2 million euro in September 2018.

Details follow (in millions of euro):

Jan-Sept'19 Jan-Sept'18
CURRENT ACCOUNT 4,862.0 2,797.6
-Goods and services (net) 3,067.6 1,753.7
--goods -316.1 -1,262.0
--services 3,383.7 3,015.7
- Primary income 97.0 -578.9
- Secondary income 1,697.4 1,622.7
CAPITAL ACCOUNT 751.8 443.2
FINANCIAL ACCOUNT 2,738.2 2,808.9

source: BNB

($ = 0.8973 euro)

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