2012-01-13
To compare with October 2011, in November 2011, deficit of the current account balance (CAB) of Lithuania’s balance of payments contracted by LTL 148.4 million or 29.7 per cent. This contraction of the current account balance was caused by a reduced foreign trade deficit and increased surplus of the balance of current transfers. A positive figure (LTL 16.3 million) of the balance of the financial account of the balance of payments in November 2011 was due to net inflows of the portfolio investment to 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 November 2011 see the Bank of Lithuania’s Statistical Release (86.8 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.