The decreasing foreign trade deficit was offset by the current transfers balance, which had gone from surplus to deficit, therefore in February 2013 there continued to be a deficit in the current account balance (CAB); compared to January it increased by 5 per cent. The positive value of the February 2013 balance of payments financial account balance (LTL 506 million) was generated by growing foreign direct and portfolio investment in 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 February 2013 see the Bank of Lithuania’s Statistical Release (33.1 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.