Bank of Lithuania
2013-06-20

The foreign trade balance turning again to a deficit and increased income balance deficit led to a deficit in the current account balance (CAB) of the country's balance of payments of LTL 781 million in Q1 2013, and compared to Q4 2012, a negative change amounted to LTL 1.7 billion. A positive amount of LTL 646 million in the financial account of the balance of payments was the result of decreasing official reserve assets and increasing net direct investment inflows.

In Q1 2013, as compared to Q4 2012, foreign assets (3.4%) were decreasing at a somewhat quicker pace compared to foreign financial liabilities (1.2%). In the reference period, net external debt grew by 2.7 per cent and gross debt shrank by 1.3 per cent.

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

For more information see the Bank of Lithuania’s Statistical Release (201.8 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.