2011-03-21
An increase in the surplus on current transfers balance and a decrease of the foreign trade deficit led to the surplus on the current account balance (CAB) of the country’s balance of payments for Q4 2010. In 2010, the CAB surplus amounted LTL 1.7 billion. Negative balance on the financial account for Q4 (LTL –1.8 billion) was the result of the net portfolio investment outflow from Lithuania and the official reserve assets increase, while negative balance on the financial account for 2010 (–4.3 billion) was the result of the other investment outflow from Lithuania.
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 Q4 2010 and 2010 see the Bank of Lithuania’s Statistical Release (206.4 KB download icon). More detailed data are also available on the Bank of Lithuania’s website.