2013-02-12
While decreasing from November, in December 2012 the surplus balances of foreign trade, services and current transfers offset the decreasing income balance deficit, leading to a build-up of an LTL 161.4 million surplus in the current account balance (CAB) in December. In January–December 2012, a CAB surplus was recorded for the seventh time. The negative financial account balance (LTL –89.7 million) in the balance of payments in December 2012 was determined by the growing foreign assets of direct and portfolio investment.
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 October 2012 see the Bank of Lithuania’s Statistical Release (35.5 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.