International Internet Magazine. Baltic States news & analytics
Wednesday, 25.11.2015, 16:15
Lithuania recorded a current account deficit of 855 million euros for the nine months through September 2015, which accounted for 3.1% of GDP for the period, according figures released by the central bank on November 12th, cites LETA/BNS.
Keyword tags: Banks, Financial Services, Foreign trade , Lithuania
Provisional data of the Central Statistical Bureau (CSB) show that in September 2015 compared to August exports value of goods at current prices grew by 23.1% and imports value of goods – by 4.8%.
According to Statistics Estonia, in September 2015, exports of goods decreased by 10% and imports by 9% compared to September of the previous year. Summing up the first three quarters of 2015, exports decreased 3% and imports 5% compared to the same period a year ago.
Lithuania's exports fell by 5.6% in January through September 2015 from a year ago to 16.928 billion euros and its imports edged down by 0.5% to 19.006 billion euros, figures from Statistics Lithuania showed on November 6th, cites BNS/LETA.
The first estimate for euro area exports of goods to the rest of the world in August 2015 was EUR 148.3 billion, an increase of 6% compared with August 2014 (EUR 140.5 billion). Imports from the rest of the world stood at EUR 137.1 billion, a rise of 3% compared with August 2014 (EUR 133.1 billion). As a result, the euro area recorded a EUR 11.2 billion surplus in trade in goods with the rest of the world in August 2015, compared with a EUR 7.4 billion surplus in August 2014, writes LETA/ELTA.
The Statistics Department of the Economics and Financial Stability Service at the Bank of Lithuania has published information about Lithuania's balance of payments in August. In August 2015, the country's balance of payments recorded a EUR 29 million surplus on its current account; its build-up resulted from the surplus balances of services (EUR 169.2 million) and secondary income (EUR 57 million), the Bank of Lithuania reports LETA/ELTA.
Provisional data of the Central Statistical Bureau (CSB) show that in August 2015 as compared to July foreign trade turnover at current prices fell by 7.0%, of which exports value of goods reduced by 7.8% and imports value of goods – by 6.4%.