Bank of Lithuania
2010-12-20

A decrease in the surplus of current transfers balance and a surge in the deficits on income and foreign trade balances led to a deficit on the current account balance (CAB) of the country’s balance of payments for Q3 2010. Nevertheless, a surplus of LTL 1.1 billion was registered on the CAB for three quarters in 2010. The financial accounts for Q3 and three quarters in 2010 were negative (LTL -173 million and LTL - 2.8 billion respectively) largely due to the other investment outflow from Lithuania and the growth of official reserve assets.

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

For more information on the country’s Balance of Payments for Q3 and three quarters of 2010 see the Bank of Lithuania’s Statistical Release (210.5 KB ). More detailed data are also available on the Bank of Lithuania’s website.