SKOPJE (Macedonia), December 17 (SeeNews) – Macedonia turned to preliminary current account surplus of 104.3 million euro ($150 million) in the third quarter from a revised deficit of 68.26 million euro a year earlier, central bank data indicated on Thursday.
Macedonia’s revised preliminary current account deficit in the second quarter more than halved to 97.77 million euro from revised 210.69 million euro a year earlier, the central bank said earlier.
Details follow (in millions of euro):
Macedonia's current account |
Q3'09 |
Q3'08 |
Total balance |
+104.3 |
-68.26 |
Goods |
-300.99 |
-419.91 |
Services |
+23.28 |
+29.64 |
Income |
-15.76 |
-14.43 |
Current transfers |
+397.77 |
+336.43 |
Capital and financial account |
-116.69 |
+56.39 |
Direct investments (net) |
-9.11 |
+74.84 |
Portfolio investments (net) |
+148.66 |
-8.33 |
Other investments (net) |
+51.59 |
+117.99 |
Gross reserve assets |
-323.02 |
-127.64 |
NOTE: Macedonia's central bank publishes monthly, quarterly and annual figures for the country's balance of payments. Figures can be revised until they are included in the annual report.
($ = 0.6953 euro)