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Bulgaria's Jan-Nov c/a surplus falls to 2.66 bln euro

Jan 18, 2019, 3:55:42 PMArticle by Branimir Kondov
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January 18 (SeeNews) - Bulgaria's current account surplus decreased to 2.66 billion euro ($3.03 billion) in the January-November period of 2018, from 3.65 billion euro in the like period of 2017, the central bank said on Friday.

Bulgaria's Jan-Nov c/a surplus falls to 2.66 bln euro
Ju1978/Shutterstock.com

The current account surplus in the January-November period was equivalent to 4.8% of the estimated 2018 gross domestic product (GDP), the Bulgarian National Bank (BNB) said in a monthly balance of payments report.

In November 2018, Bulgaria current account was in surplus of 58.6 million euro, compared to a deficit of 26.1 million euro in November 2017.

Details follow (in millions of euro):

Jan-Nov '18 Jan-Nov '17
CURRENT ACCOUNT 2657.1 3650.1
- Goods and services (net) 1211.9 2364.3
-- goods (net) -1998.3 -371.3
-- services (net) 3210.3 2735.6
- Primary income (net) -375.9 -447.4
- Secondary income (net) 1821.1 1733.2
CAPITAL ACCOUNT 600.1 431.1
FINANCIAL ACCOUNT 2602.3 1,685.5

($ = 0.8771 euro)

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