Republic of Lithuania Announced Balance of Payments for Q3
OREANDA-NEWS. January 04, 2010. In Q3 2009, there was a surplus of LTL 704.5 million on the current account balance (CAB) of the Balance of Payments (BoP) of the country, which accounted for 2.9% of the gross domestic product (GDP). Compared to Q1 and Q2, it grew respectively by LTL 616.5 million (eightfold) and LTL 465.3 million (nearly threefold). In January-September this year, the surplus on CAB made up LTL 1.03 billion or 1.5% of GDP. In Q3 2008, CAB was in deficit by LTL 2.9 billion or -9.9% of GDP, and for January-September the same year the deficit made up LTL 12 billion or -14.5% of GDP.
For more information please see the Bank of Lithuania`s Statistical release.
Comprehensive data on Balance of Payments is presented on the website of the Bank of Lithuania.
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