Banks, Financial Services, GDP, Lithuania

International Internet Magazine. Baltic States news & analytics Tuesday, 23.04.2024, 12:24

Lithuania's current account deficit at 2.5% of GDP in 2015

BC, Vilnius, 12.02.2016.Print version
Lithuania recorded a current account deficit of 934.2 million euros for 2015, which accounted for 2.5% of GDP for the year, the central bank (LIetuvos bankas) said on Friday, cites LETA/BNS.

In the fourth quarter alone, the current account deficit stood at 112.5 million euros, or 1.2% of GDP for the period.

 

A 131.2-million-euro current account deficit in December was due to deficits in the trade and primary income balances, the Bank of Lithuania said.






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