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Albania's Q3 c/a gap widens 11.9% y/y – table

Albania's Q3 c/a gap widens 11.9% y/y – table Ken Teegardin/CC BY-SA 2.0

TIRANA (Albania), December 10 (SeeNews) – Albania's current account was in deficit of 161.2 million euro ($178.3 million) in the third quarter of 2019, compared to a shortfall of 144.0 million euro in the like period of last year, the central bank said on Tuesday.

On a quarterly comparison basis, Albania's current account gap narrowed by 42.5% in the July-September period of 2019, Bank of Albania said in a quarterly balance of payments report.

Details follow (in millions of euro):

  Q3'19 Q2'19 Q3'18
CURRENT ACCOUNT BALANCE -161.2 -280.4 -144.0
-Goods -824.6 -781.6 -740.8
- Services 447.8 262.7 381.1
- Primary income -39.9 -10.0 -17.1
- Secondary income 255.6 248.6 232.8
CAPITAL ACCOUNT BALANCE 19.7 12.3 22.9
FINANCIAL ACCOUNT BALANCE -125.1 -309.6 -171.8

($ = 0.90378 euro)

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