SOFIA: Bulgaria's current account surplus decreased to 3.9 percent of gross domestic product in 2017, compared with a surplus of 5.3 percent a year earlier, central bank data showed on Monday.
The surplus fell to 1.98 billion euros ($2.46 billion) in January-December on an annual basis from 2.6 billion euros in 2016 mainly due to surging imports as the open economy motors on.
For December alone, the current account posted a deficit of 408 million euros compared to a deficit of 275 million in December 2016.
Foreign direct investment, much needed to boost sustainable growth in the Black Sea state, was 902 million euros through December, compared with 660 million in 2016.
The finance ministry sees the current account posting a surplus of 4.4 percent of GDP in 2018.
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