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.
In the first quarter of 2020, current transactions with non-residents registered a deficit of Euro 157 million, due to the deficit in the trade of goods and services and the balance of the primary income.
The financial transactions with non-residents registered a net-inflows of Euro 172.7 million. The net-inflows are mainly related to the direct investments Euro 132.7 million. Read more...
Archive for Balance of Payments
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