Balance of Payments of the Republic of Lithuania, July 2011
The country’s current account balance (CAB) was again in deficit (of LTL -215.3 million) in July 2011 owing to an increase in foreign trade and income balance deficits and shrinking surplus on the service balance. Meanwhile, the negative (LTL -217.5 million) financial account balance of the balance of payments for July this year was the result of an outflow of foreign direct investments and portfolio investments from 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 July 2011 see the Bank of Lithuania’s Statistical Release (54 KB ). Comprehensive data is presented on the website of the Bank of Lithuania.