Bulgaria Crude Oil Production - Forecast

Crude Oil Production in Bulgaria is expected to be 1.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Bulgaria to stand at 1.00 in 12 months time. In the long-term, the Bulgaria Crude Oil Production is projected to trend around 1.00 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
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Bulgaria Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -46.3 -780 -590 0 -104 -500
Exports 4613 4620 5150 5410 4704 5650
Imports 4659 5400 5740 5410 4808 6150
Current Account 948 -350 -50 300 450 -100
Current Account to GDP 4.5 2.5 1.5 1.5 1.5 1
External Debt 33648 34008 34167 34304 34423 34985
Capital Flows 978 407 431 422 423 423
Remittances 104 97.47 103 103 101 102
Tourist Arrivals 2240200 575000 1302800 1441600 1431000 587000
Gold Reserves 40.4 40.42 40.43 40.44 40.45 40.54
Terrorism Index 1.18 1.18 1.18 1.18 1.18 1.18
Weapons Sales 61 23.28 23.8 24.31 24.83 28.81
Foreign Direct Investment -56.8 33.65 32.15 32.82 32.73 32.74
Crude Oil Production 1 1 1 1 1 1