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Exports of Services (BoP, USD) rose 29.6% to USD 10.9 bil in Bulgaria in 2021

Exports of Services (BoP, USD) (USD bil), 2021
Economy | Bulgaria | February 1, 2023
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Exports of services as a part of balance of payment rose 29.6% to USD 10.9 bil in Bulgaria in 2021, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in Bulgaria reached an all time high of USD 11.4 bil in 2019 and an all time low of USD 0.400 bil in 1991. When compared to Bulgaria's main peers, exports of services as a part of balance of payment in Greece amounted to USD 41.3 bil, USD 32.9 bil in Romania, USD 9.21 bil in Serbia and USD 61.4 bil in Turkey in 2021.

Bulgaria has been ranked 50th within the group of 140 countries we follow in terms of exports of services as a part of balance of payment, 6 places above the position seen 10 years ago.

Exports of Services (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Albania USD bil 2.25 2.65 3.24 3.62 3.81
Bosnia and Herzegovina USD bil 1.68 1.80 2.02 2.31 2.37
Bulgaria USD bil 8.17 8.95 9.37 10.8 11.4
Croatia USD bil 11.7 13.1 14.8 16.3 17.2
Greece USD bil 35.1 33.1 38.4 43.7 44.9
Hungary USD bil 22.5 24.2 27.0 30.0 30.1
Iran USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Iraq USD bil ... ... ... ... 5.03 5.53 6.05 5.57 7.32
Macedonia USD bil 1.53 1.54 1.63 1.86 1.82
Moldova USD bil 0.981 1.07 1.25 1.48 1.54
Romania USD bil 19.1 20.9 24.6 28.1 30.3
Serbia USD bil ... ... ... ... ... ... 4.74 5.06 5.95 7.14 7.75
Turkey USD bil 56.2 46.7 54.0 59.3 67.2
Ukraine USD bil 12.4 12.4 14.2 15.8 17.5