Bulgaria Current Account Shortfall Widens in April

Bulgaria’s current account deficit widened sharply to EUR 597.8 million in May 2026 from EUR 88.2 million in the corresponding month of the previous year. The goods account deficit increased to EUR 782.6 million from EUR 419.2 million, while the services account surplus narrowed to EUR 556.9 million from EUR 634.1 million, mainly due to weaker manufacturing services, which stagnated (vs EUR 10.4 million), and transportation services (EUR 190.5 million vs EUR 201.2 million). Meanwhile, the primary income deficit widened slightly to EUR 480.1 million from EUR 479.4 million a year earlier. The secondary income surplus also declined by EUR 68.3 million to EUR 108 million.

Bulgaria’s current account deficit widened sharply to EUR 1,209.3 million in April 2026 from EUR 788.9 million in the corresponding month of the previous year. The goods account deficit expanded to EUR 1,084.1 million from EUR 817.4 million, while the services account surplus shrank by EUR 127.4 million to EUR 402.7 million from EUR 530 million. Additionally, the primary income shortfall increased to EUR 636.1 million from EUR 603.7 million a year earlier. On the other hand, the secondary income surplus expanded by EUR 6 million to EUR 108.2 million from EUR 102.2 million, providing only limited support against the overall weakening in the current account balance.

Bulgaria’s current account deficit widened to EUR 1,610 million in March 2026 from EUR 929.6 million in the corresponding month a year earlier. The goods account deficit increased to EUR 1,203.3 million from EUR 839.4 million in March 2025, and the primary income deficit also expanded to EUR 985.4 million from EUR 761.4 million a year ago. At the same time, the services surplus narrowed to EUR 586.9 million from EUR 675.5 million in the same month last year. Conversely, the secondary income surplus increased to EUR 177.6 million from EUR 84.3 million, partially offsetting the broader deterioration in the current account position.