Bulgaria Posts Jan-May C/A Surplus of 1.1%

Bulgaria Posts Jan-May C/A Surplus of 1.1%

Bulgaria through May posted a current account surplus equivalent to a preliminary 1.1% of the gross domestic product projected for 2011, after running a deficit of 2.3% of GDP in the same period a year earlier, the central bank said on Friday.

At the end of May, the current account showed a surplus of 412.4 million euro ($582.2 million), compared to a 832 million euro deficit a year earlier, the central bank said on its website.

Bulgaria's trade balance showed a deficit of 318.5 million euro at the end of May, equivalent to 0.8% of the projected GDP. In the first five months of 2010 the country ran a trade deficit of 1.2 billion euro, equivalent to 3.3% of GDP.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.