Current account deficit was driven by a rapid decrease in exports of goods
Balance of Payments of the Republic of Lithuania September 2018
Today, the Bank of Lithuania published the balance of payments data for September 2018, which shows that the build-up of the €57.9 million deficit on the current account balance was driven by the negative balances of foreign trade and primary income that were not offset by the decreased but still positive balances of services and secondary income. With export and import of goods scaling down 11.2% and 4.9% respectively, the deficit on the trade balance increased 2.3 times, to stand at €271.1 million.
For more information on the country’s balance of payments for September 2018 is available in the statistical release (81.4 KB ) of the Bank of Lithuania. Comprehensive balance of payments data are also published on the Bank of Lithuania website.