2012-05-16
In March 2012, the current account deficit (CAD) increased by LTL 15.5 million month on month to LTL 820 million (a year ago, in March 2011, the current account surplus of LTL 159 million was recorded). This CAD increase was determined by a larger outflow of investment income. A positive figure (LTL 877.1 million) on the balance of the financial account of the balance of payments in March 2012 has formed as a result of an increase in foreign direct investment (FDI) and a decline in official reserve assets.
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 March 2012 see the Bank of Lithuania’s Statistical Release (156.4 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.