February 22 (SeeNews) - Macedonia's November current account balance showed a preliminary deficit of 98.67 million euro ($146.4 million), as compared to a revised deficit of 20.94 million euro a year earlier, central bank data showed on Friday.
Macedonia had a revised current account deficit of 36.20 million euro in October.
The country narrowed its current account gap to 18.9 million euro in 2006 from 81.5 million euro in 2005.
Details follow (in millions of euro):
| Macedonia's current account |
November’07 |
October'07 |
November’06 |
| Total balance |
-98.67 |
-36.20 |
-20.94 |
| Goods |
-152.49 |
-136.15 |
-104.88 |
| Services |
-0.63 |
+9.92 |
+2.45 |
| Income |
-16.04 |
+5.96 |
+5.18 |
| Current transfers |
+70.49 |
+84.06 |
+76.31 |
| Capital and financial account |
+101.49 |
+38.35 |
+23.22 |
| Direct investments (net) |
+45.31 |
+34.60 |
+8.21 |
| Portfolio investments (net) |
+3.97 |
+24.32 |
+8.58 |
| Other investments (net) |
+52.41 |
+5.20 |
+20.71 |
| Reserve assets |
+0.59 |
-25.69 |
-14.36 |
| Net errors and omissions |
-2.82 |
-2.14 |
-2.28 |
NOTE: The central bank publishes final monthly figures for the balance of payments in its annual reports. Monthly statistics could be revised until included in the annual report.
($=0.674 euro)