2010-01-15
In November 2009, the surplus of the current account balance in Lithuania’s Balance of Payments amounted to LTL 823.7 million. In October the current account balance (LTL 210 million) was in deficit. Such a change of the current account balance was entailed by a substantially larger surplus of the balance of current transfers and a positive surplus of the income balance (in October, the income balance was in deficit).
In January-November 2009, the surplus on the current account of the Balance of Payments made up LTL 1.6 billion, while the current account balance deficit in January-November 2008 accounted for LTL 12.6 billion.
The above data was released today by the Statistics Department of the Bank of Lithuania.
For more information on the country’s Balance of Payments for November 2009 see the Bank of Lithuania’s Statistical Release.