Bulgaria's c/a gap widens to 1.38 bln euro in 2021 - c-bank

Bulgaria's c/a gap widens to 1.38 bln euro in 2021 - c-bank

Bulgaria's current account was in deficit of 1.38 billion euro ($1.57 billion) at the end of 2021, compared to a deficit of some 161.2 million euro a year earlier, the central bank said on Thursday.

The current account deficit in 2021 was equivalent to 2.1% of the gross domestic product (GDP) projected for last year, the Bulgarian National Bank (BNB) said in a statement.

The deficit in 2020 was equivalent to 0.3% of that year's GDP, the BNB added.

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