October 1 (SeeNews) - Croatia's current account deficit shrank to 901.5 million euro ($1.3 billion) in the second quarter of 2009 from 1.837 billion euro in the previous quarter, the country's central bank said.
In 2008, Croatia's current account deficit widened to 4.45 billion euro, from 3.2 billion euro in 2007.
The central bank issued the following details (in millions of euro):
|
|
Q2 2009 |
Q1 2009 |
| - Croatia C/A balance |
-901.5 |
-1,837 |
| - Import of Goods and Services |
-4,604 |
-4,299 |
| - Export of Goods and Services |
3,969 |
2,700 |
| - Net income |
-561.6 |
-446.0 |
| - Net current transfers |
295.1 |
207.7 |
| - Capital and financial transactions (including reserves) |
585.2 |
2,137 |
| - International reserves (change) |
-332.4 |
410.7 |
| - Net Direct investments |
438.7 |
412.3 |
| - Portfolio investments |
394.1 |
-445.8 |
| - Other investments |
76.8 |
1,756 |
($= 0.6857 euro)