Bulgaria Remittances  Forecast


Remittances in Bulgaria is expected to be 76.64 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 75.14 in 12 months time. In the long-term, the Bulgaria Remittances is projected to trend around 75.25 EUR Million in 2020, according to our econometric models.


Bulgaria Remittances
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Bulgaria Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -357 -274 -308 -346 -364 -465
Exports 4320 4354 4331 4304 4278 4051
Imports 4677 4598 4573 4545 4516 4279
Current Account 751 177 28.18 -41.32 -73.51 -101
Current Account to GDP 4.2 3.6 3.2 3.2 3.2 2.9
External Debt 33108 31917 31576 31389 31269 30654
Capital Flows 705 374 259 184 135 38.17
Remittances 77.5 76.64 75.58 75.19 75.14 75.25
Tourist Arrivals 2125131 568000 479000 1492000 1254000 587000
Gold Reserves 40.35 40.33 40.33 40.32 40.32 40.29
Terrorism Index 1.63 0.48 0.32 0.16 0 0.51
Weapons Sales 4 28.91 29.83 30.75 31.66 33.76
Foreign Direct Investment 71.6 87.9 100 113 123 161
Crude Oil Production 1 0.98 0.98 0.97 0.97 0.94