In Q2 2013 the building up of the current account surplus of LTL 1.5 billion was driven by substantial increases in the balances of services and of current transfers. Foreign trade and income balance deficits widened marginally in this period. A current account balance surplus was also recorded in H1 2013, it amounted to LTL 784.8 million (from a deficit of LTL 546.9 million in H1 2012). The negative balance of the balance of payments financial account in Q2 2013 (LTL 2.9 billion) was affected by all negative net investment flows of the financial account components; however, the largest outflow was recorded in net portfolio investment and direct investment.
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 (227 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.