2017-07-14
Balance of Payments of the Republic of Lithuania, May 2017
Today, the Bank of Lithuania published the balance of payments data for May 2017, which shows that the smaller deficit on the current account balance (CAB) (EUR 18.1 million) was driven by the negative balances of goods and primary income, which were not offset by the surplus balances of services and secondary income. Due to more rapid growth in exports of goods, the trade balance deficit contracted by 40.8 per cent over the month. The deficit in the primary income balance, compared to April, narrowed by 4 per cent.
More information on the country’s balance of payments for May 2017 is available in the statistical release (128.5 KB download icon) of the Bank of Lithuania. Comprehensive balance of payments data are also published on the Bank of Lithuania’s website.