Bank of Lithuania

An increase in the surplus on the balance of current transfers and a decrease in foreign trade deficit led to an increase in the surplus of the current account balance (CAB) of the country’s balance of payments for December 2010. Compared to November, it increased by LTL 114.3 million. A negative balance of the financial account of the balance of payments in December (LTL –423.3 million) was mainly driven by an increase in the official reserve assets and the outflow of portfolio investment from Lithuania.

The above data was released by the Statistics Department of the Bank of Lithuania.

For more information on the country’s Balance of Payments for December 2010 see the Bank of Lithuania’s Statistical Release (246.5 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.