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

Aug 25, 2022, 3:11:07 PMArticle by Radomir Ralev
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August 25 (SeeNews) - Montenegro's current account balance showed a deficit of 539.6 million euro ($539.6 million) at the end of the first half of 2022, compared to a deficit of 412.4 million euro in the like period of last year, the country's central bank said.

Montenegro's c/a gap widens in H1 - table
License: Creative Commons BY-NC 2.0

The deficit in trade in goods increased to 1.15 billion euro, while the surplus in services went up to 315.5 million euro, according to data posted on the website of Montenegro's central bank.

Primary income came in at 78.1 million euro, while secondary revenue amounted to 217.7 million euro in the first half.

Details follow (in millions of euro, unless otherwise stated):

H1'22 H1'21
Current account -539.6 -412.4
- trade in goods balance -1.151 bln -820.9
- balance of services 315.5 183.0
- primary income 78.1 37.0
- secondary income 217.7 188.5
Net financial account -202.1 -201.7

($ = 1.0 euro)

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