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Montenegro's c/a gap widens in H1 - table

Author Radomir Ralev
Montenegro's c/a gap widens in H1 - table Source: Central Bank of Montenegro

PODGORICA (Montenegro), August 28 (SeeNews) - Montenegro's current account balance showed a deficit of 644.3 million euro ($714.6 million) in the first half of 2019, compared to a deficit of 618.6 million euro in the like period of last year, the country's central bank said.

The deficit in trade in goods increased to 991.3 million euro in January-June, while the surplus in services grew to 210.7 million euro, according to data posted on the website of Montenegro's central bank.

Primary income came in at 6.4 million euro, while secondary revenue amounted to 129.9 million euro in the first half.

Details follow (in millions of euro):

  H1'19 H1'18
Current account -644.3 -618.6
- trade in goods balance -991.3 -962.4
- balance of services 210.7 197.4
- primary income 6.4 26.0
- secondary income 129.9 120.5
Net financial account -554.3 -456.9

($ = 0.90164 euro)