Euro area balance of payments and investment data updated for Bulgaria
The Banco de España has updated its quarterly balance of payments and international investment position series to reflect Bulgaria's inclusion in the euro area in 2025. This change impacts several key statistical tables.
Immediate impact on quarterly series
The inclusion of Bulgaria as a new euro area member in 2025 has prompted an update to several key quarterly statistical tables.
Starting with this publication, the 'Current account. Non‑tourism services. Breakdown by economic and geographical areas (17.4b)', 'Current account. Tourism and travel. Credits. Breakdown by economic and geographical areas (17.4c)', 'Portfolio investment abroad. Positions. Breakdown by country (17.23a)', and 'Portfolio investment abroad. Transactions. Breakdown by country (17.23b)' series will reflect the updated euro area composition.
These adjustments ensure the accuracy and consistency of external statistics following the expansion of the currency union.
The Banco de España emphasizes that these changes are purely operational and aim to provide the most up-to-date representation of economic and geographical areas.
Upcoming changes for annual details
Further adjustments are scheduled for the upcoming annual details publication on April 14. From this date, a broader set of tables will incorporate the new euro area composition.
These include current and capital accounts breakdowns (17.3a), services credits and debits (17.4d, 17.4e), financial account data by institutional sector and functional category (17.16), and assets and liabilities breakdowns (17.22a, 17.27a).
Additionally, direct investment tables (17.44a, 17.44b, 17.45) will also be updated.
This phased implementation ensures a comprehensive and consistent reflection of the expanded euro area across all relevant statistical series.