Bulgaria Remittances - Forecast

Remittances in Bulgaria is expected to be 68.68 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Bulgaria to stand at 74.82 in 12 months time. In the long-term, the Bulgaria Remittances is projected to trend around 74.75 EUR Million in 2020, according to our econometric models.


Bulgaria Remittances
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Bulgaria Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -912 -518 -580 -568 -557 -525
Exports 4105 4261 4248 4221 4194 3910
Imports 5017 4945 4896 4872 4841 4517
Current Account -408 -217 -150 -126 -117 -112
Current Account to GDP 4.2 3.2 3.2 3.2 3.2 2.9
External Debt 32389 31935 31763 31649 31562 30794
Capital Flows 667 228 185 137 105 41.6
Remittances 62.3 68.68 72 74.06 74.82 74.75
Tourist Arrivals 596074 479000 1492000 1254000 575000 587000
Gold Reserves 40.38 40.37 40.37 40.36 40.36 40.33
Terrorism Index 1.18 0.7 0.68 0.66 0.64 0.61
Weapons Sales 4 36.27 33.82 31.37 28.91 31.21
Foreign Direct Investment -12.1 51.82 73.08 89.57 103 160
Crude Oil Production 1 0.98 0.98 0.97 0.97 0.94