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.


Bulgaria Crude Oil Production
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Bulgaria Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -513 -70 -90 -780 -590 -500
Exports 4173 4950 4820 4620 5150 5650
Imports 4686 5020 4910 5400 5740 6150
Current Account -63.1 52.1 85.69 55.03 62.83 63.87
Current Account to GDP 4.5 3.2 3.2 3.2 3 2.9
External Debt 33317 33419 33461 33495 33524 33678
Capital Flows 398 261 251 257 255 255
Remittances 103 104 95.68 95.55 98.31 97.75
Tourist Arrivals 701887 880700 843000 787900 800000 805000
Gold Reserves 40.4 40.41 40.42 40.43 40.45 40.57
Terrorism Index 1.18 0.68 0.66 0.64 0.55 1
Weapons Sales 61 26.69 24.99 23.28 23.8 28.81
Foreign Direct Investment 4.5 43.5 8.08 13.91 12.35 12.57
Crude Oil Production 1 1 1 1 1 1