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FX.co ★ Bulgaria Logs Biggest Current Account Gap Since 2022

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typeContent_19130:::2025-06-17T09:20:20

Bulgaria Logs Biggest Current Account Gap Since 2022

In April 2025, Bulgaria recorded a current account deficit of €724.9 million, a significant increase from the €505.8 million deficit in the same month of the preceding year. This represents the largest monthly deficit since January 2022. The primary contributor to this widening deficit was a considerable expansion in the goods trade deficit, which escalated to €824.8 million, up from €460.9 million in April 2024. Meanwhile, the surplus in secondary income—which encompasses remittances and other current transfers—experienced a slight dip to €93.3 million from €94.1 million the previous year. Conversely, there was a modest rise in the services surplus, increasing to €546.3 million from €545.3 million. Additionally, the deficit in primary income saw a notable reduction to €539.7 million from €684.4 million.

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