You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Bulgaria's Jan-May C/A swings to surplus - table

Bulgaria's Jan-May C/A swings to surplus - table Cargotec/ All Rights Reserved

SOFIA (Bulgaria), July 19 (SeeNews) - Bulgaria's current account was in surplus of 1.04 billion levs ($1.16 billion) in January-May, compared to a deficit of 75.6 million euro in the like period of 2018, the central bank said on Friday.

The current account surplus in the first five months of 2019 was equivalent to 1.2% of Bulgaria's expected gross domestic product (GDP) for the year, the Bulgarian National Bank (BNB) said in a monthly balance of payments report.

In May alone, Bulgaria's current account showed a surplus of 328.6 million euro, which compares to a deficit of 2.9 million euro in May 2018.

Details follow (in millions of euro):

  Jan-May'19 Jan-May'18
CURRENT ACCOUNT 1040.1 -75.6
- Goods and services (net) 175.4 -567.8
-- goods -558.6 -1131.6
-- services 734.0 563.8
- Primary income 28.9 -321.9
- Secondary income 835.7 814.1
CAPITAL ACCOUNT 392.8 102.5
FINANCIAL ACCOUNT 599.4 982.2

source: BNB

($ = 0.89091 euro)

Compare