The surpluses on the balances of services and secondary income did not offset the negative trade and primary income balances and this led to a build up (EUR –16.5 million or LTL –56.9 million) of a deficit in the current account balance (CAB) in December 2014. The positive financial account balance (EUR 47.1 million, or LTL 162.7 million) was due to the increase in the flow of official reserve assets and net direct investment.
These new data were released today by the Statistics Department of the Economics and Financial Stability Service at the Bank of Lithuania.
More information on the country’s balance of payments for December 2014 is available in the statistical release (142.1 KB download icon) of the Bank of Lithuania. Comprehensive balance of payments data are also published on the Bank of Lithuania’s website.