The balance of payment records all economic transactions between residents and non-residents within a given time period and thus shows a country’s complex economic relations with the rest of the world. It consists of the current account (goods and services, primary and secondary income), capital and financial account.

Latest developments:

In the fourth quarter of 2019, current transactions with non-residents registered a deficit of Euro 286.9 million. Compared with the surplus in the third quarter, the current account registered increase in net-outflows, which is mainly a result of the increased net-outflows of the trade in goods and services and decreased net-inflows of the secondary income.

  The financial transactions with non-residents registered a net-inflows of Euro 254.2 million, as a result of the net-inflows of the direct investments, trade credits and loans, while the foreign reserves increased by Euro 156.4 million. Read more... 

Archive for Balance of Payments

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