TIRANA (Albania), March 25 (SeeNews) – Albania posted a current account deficit of 363.6 million euro ($410.8 million) in the fourth quarter of 2018, compared to a shortfall of 309.9 million euro in the same period of 2017, the central bank said on Monday.
On a quarterly comparison basis, Albania's current account gap more than doubled in October-December 2018, Bank of Albania said in a quarterly balance of payments report.
Details follow (in millions of euro):
|
Q4'18 |
Q3'18 |
Q4'17 |
CURRENT ACCOUNT BALANCE |
-363.6 |
-147.5 |
309.9 |
- Goods |
-831.1 |
-740.7 |
-787.7 |
- Services |
214.7 |
379.4 |
217.5 |
- Primary income |
14.6 |
-18.9 |
7.1 |
- Secondary income |
238.3 |
232.8 |
253.1 |
CAPITAL ACCOUNT BALANCE |
41.6 |
22.9 |
42.9 |
FINANCIAL ACCOUNT BALANCE |
-541.2 |
-172.0 |
-420.7 |
($=0.88466 euro)