Analytics, EU – Baltic States, Financial Services, Foreign trade

International Internet Magazine. Baltic States news & analytics Tuesday, 23.04.2024, 21:45

The EU seasonally adjusted external current account recorded a surplus of EUR 13.0 bln in May

BC, Vilnius, 22.07.2015.Print version
The European Union seasonally adjusted external current account recorded a surplus of EUR 13.0 billion in May 2015, compared with a surplus of EUR 11.9 billion in April 2015 and a surplus of EUR 4.8 billion in May 2014, said Eurostat, the statistical office of the European Union, cites LETA/ELTA.

In May 2015, compared with April 2015, based on seasonally adjusted data, the surplus of the services account grew (+EUR 14.3 billion compared with +EUR 8.3 billion), while the deficit of the secondary income account remained stable (-EUR 7.0 billion). The surplus of the goods account fell (+EUR 7.4 billion compared with +EUR 11.5 billion) and the deficit of the primary income account increased slightly (-EUR 1.7 billion compared with –EUR 0.9 billion).

 

The 12-month cumulated current account for the period ending in May 2015 recorded a surplus of EUR 118.8 billion, compared with EUR 104.9 billion for the 12 months to May 2014. The surplus of the goods account grew (+EUR 68.1 billion compared with +EUR 29.6 billion) and the surplus of the services account rose slightly (+EUR 154.6 billion compared with +EUR 153.5 billion). The deficit of the primary income account grew (-EUR 25.3 billion compared with –EUR 5.6 billion), as did the deficit of the secondary income account (-EUR 78.6 billion compared with –EUR 72.6 billion).

 

Lithuania's current account recorded a deficit of EUR 0.26 billion in May 2015, compared with a deficit of EUR 0.23 billion in April 2015 and a deficit of EUR 0.03 billion in May 2014.






Search site