AGL 8.15 No Change ▼ 0.00 (0%)
ANL 11.49 Increased By ▲ 0.40 (3.61%)
AVN 84.24 Increased By ▲ 0.54 (0.65%)
BOP 5.81 Decreased By ▼ -0.04 (-0.68%)
CNERGY 5.84 Increased By ▲ 0.19 (3.36%)
EFERT 79.99 Decreased By ▼ -0.23 (-0.29%)
EPCL 67.32 Increased By ▲ 0.04 (0.06%)
FCCL 15.07 Decreased By ▼ -0.13 (-0.86%)
FFL 7.20 Decreased By ▼ -0.03 (-0.41%)
FLYNG 7.89 Decreased By ▼ -0.17 (-2.11%)
GGGL 12.04 Increased By ▲ 0.04 (0.33%)
GGL 17.87 Increased By ▲ 0.16 (0.9%)
GTECH 9.31 Increased By ▲ 0.53 (6.04%)
HUMNL 7.37 Increased By ▲ 0.14 (1.94%)
KEL 3.63 Decreased By ▼ -0.11 (-2.94%)
LOTCHEM 31.60 Decreased By ▼ -0.50 (-1.56%)
MLCF 28.68 Decreased By ▼ -0.32 (-1.1%)
OGDC 85.20 Decreased By ▼ -0.85 (-0.99%)
PAEL 17.30 Decreased By ▼ -0.10 (-0.57%)
PIBTL 6.30 No Change ▼ 0.00 (0%)
PRL 19.73 Increased By ▲ 0.63 (3.3%)
SILK 1.32 Increased By ▲ 0.13 (10.92%)
TELE 12.13 Decreased By ▼ -0.12 (-0.98%)
TPL 9.21 Increased By ▲ 0.03 (0.33%)
TPLP 20.50 Decreased By ▼ -0.20 (-0.97%)
TREET 27.20 Increased By ▲ 0.25 (0.93%)
TRG 98.10 Increased By ▲ 0.35 (0.36%)
UNITY 23.05 Increased By ▲ 0.05 (0.22%)
WAVES 13.42 Decreased By ▼ -0.68 (-4.82%)
WTL 1.47 Increased By ▲ 0.16 (12.21%)
BR100 4,375 Decreased By -13.1 (-0.3%)
BR30 16,085 Decreased By -14.5 (-0.09%)
KSE100 43,539 Decreased By -137.1 (-0.31%)
KSE30 16,509 Decreased By -23.1 (-0.14%)
Business & Finance

Bulgaria current account posts surplus of 0.1% of GDP in January

  • Foreign direct investment, much needed to boost growth in the European Union's poorest member state, was 32.7 million euros in January, down from 108.4 million euros a year ago.
Published March 19, 2021

SOFIA: Bulgaria posted a current account surplus of 85 million euros ($101.06 million), equal to 0.1% of gross domestic product in January, compared to a deficit of 12.7 million euros in January of 2020, central bank data showed on Friday.

Foreign direct investment, much needed to boost growth in the European Union's poorest member state, was 32.7 million euros in January, down from 108.4 million euros a year ago.

The central bank sees Bulgaria's current account surplus expanding to 2.6% this year from 0.1% in 2020 on expectations that exports and income from tourism and services will recover, while Bulgarians abroad will resume sending more funds back home.

Comments

Comments are closed.