December 14 (SeeNews) - Romania's current account balance showed a deficit of 5.302 billion euro ($6.229 billion) in the ten months through October 2017, compared to a gap of 2.885 billion euro a year earlier, the central bank said on Thursday, citing provisional data.
The deficit in trade in goods increased by 2.03 billion euro and the surplus in trade in services increased by 136 million euro.
The deficit in primary income narrowed by 296 million euro, while the surplus in secondary income contracted by 274 million euro in the ten months through October as compared to the prior-year period.
In 2016, Romania's current account deficit increased to 4.11 billion euro, from 1.94 billion euro in 2015.
Details on Romania's current account balance follow (in millions of euro):
|
Jan-Oct'17 |
Jan-Oct'16 |
Current account |
-5,302 |
-2,835 |
- goods balance |
-9,391 |
-7,358 |
- services balance |
6,639 |
6,503 |
- primary income |
-4,376 |
-4,080 |
- secondary income |
1,826 |
2,100 |
($= 0.8511 euro)