Surplus on the current account balance recorded
Balance of Payments of the Republic of Lithuania for Q3 2018
The balance of payments data for Q3 2018 released by the Bank of Lithuania show that the current account balance was in surplus for the first time this year at €100.8 million, or 0.8% of GDP. It formed as a result of surplus balances of services and secondary income, which offset the negative balances of primary income and goods. The financial account net investment flow, as well as a year earlier, was positive, at €266.3 million, or 2.2% of GDP; in Q3 2017 – €412.3 million, or 3.7% of GDP. Lithuania’s gross external debt stood at €35.9 billion, or 81.2% of GDP, net debt – at €7.6 billion, or 17.2% of GDP at the end of Q3.
For more information on the country’s balance of payments for Q3 2018 see the Bank of Lithuania’s Statistical Release (217.9 KB ). Detailed data for Q3 are available on the Bank of Lithuania website (under External statistics).