CORRECTED - Bulgaria's 11-mo c/a gap widens to 477 mln euro - c-bank

The body of text remains unchanged.

Bulgaria's current account was in deficit of 477.3 million euro ($543.8 million) in the eleven months through November 2021, compared to a deficit of 7.6 million euro in the same period of 2020, the central bank said on Tuesday.

The current account deficit in the January-November period was equivalent to 0.7% of the gross domestic product (GDP) projected for 2021, the Bulgarian National Bank (BNB) said in a statement.

The deficit in the comparable period in 2020 was equivalent to 0.01% of that year's GDP.

Details follow (in millions of euro):

Jan-Nov 2021 Jan-Nov 2020
CURRENT ACCOUNT -477.3 -7.6
- goods and services (net) 1,224.4 1,186.1
--goods -2,802.9 -1,646.9
--services 4,027.3 2,833.0
-primary income -2,436.9 -2,006.6
-secondary income 735.3 812.9
CAPITAL ACCOUNT 840.7 860.4
FINANCIAL ACCOUNT 2,910.9 2,734.8

source: BNB