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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -542 -90 -780 -590 0 -500
Exports 4631 4820 4620 5150 5410 5650
Imports 5173 4910 5400 5740 5410 6150
Current Account 232 86.22 56.66 65.37 67.95 65.97
Current Account to GDP 4.5 3.2 3.2 3 3 2.9
External Debt 32789 32577 32451 32342 32246 31748
Capital Flows 171 256 264 262 262 262
Remittances 103 100 97.72 101 103 101
Tourist Arrivals 1550446 1254000 575000 1108100 1174700 587000
Gold Reserves 40.4 40.42 40.43 40.45 40.46 40.57
Terrorism Index 1.18 0.66 0.64 0.55 0.46 1
Weapons Sales 61 24.99 23.28 23.8 24.31 28.81
Foreign Direct Investment 155 7.88 13.45 11.93 12.17 12.14
Crude Oil Production 1 1 1 1 1 1