Significant increase in imports of goods led to current account deficit
Balance of Payments of the Republic of Lithuania July 2019
Today, the Bank of Lithuania published the balance of payments for July 2019, which shows that the €102.5 million deficit on the current account balance was driven by the increase in the negative balances of foreign trade and primary income. The significant increase in foreign trade imports (15.0%), compared to exports (2.5%), led to a €315.2 million trade balance deficit.
For more information on the country’s balance of payments for July 2019 is available in the statistical release (69.2 KB download icon) of the Bank of Lithuania. Comprehensive balance of payments data are also published on the Bank of Lithuania website.