2012-04-12
In February 2012, the country‘s current account deficit (CAD) widened month on month twofold or by LTL 404.6 million. Such CAD increase was driven by an increase in foreign trade deficit and a decrease in the flow of current transfers from abroad. Meanwhile, a year-on-year growth in CAD made up LTL 744.4 million. The positive figure (LTL 868.6 million) on the balance of financial account of the balance of payments in February 2012 has formed due to an increase in portfolio investments.
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 February 2012 see the Bank of Lithuania’s Statistical Release (111.3 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.