Bulgaria Spends 1.87% of GDP on Defense, NATO Report Reveals
Bulgaria's defense expenditure for the year 2023 amounted to $1.9 billion (3.47 billion BGN), representing 1.87 percent of its Gross Domestic Product (GDP)
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Bulgaria's current account surplus narrowed to 2.61 billion euro ($2.97 billion) in the first ten months of 2018, compared to 3.68 billion euro in the same period of 2017, the central bank said on Tuesday.
The current account surplus in the January-October period was equivalent to 4.9% of the country's projected gross domestic product (GDP) in 2018, the Bulgarian National Bank (BNB) said in a statement.
In October alone, Bulgaria posted a current account surplus of 56.1 million euro, down from 78.8 million euro in October 2017, quoted by See News.
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