July 14 (SeeNews) - Romania's current account balance showed a deficit of 1.969 billion euro ($2.24 billion) in the first five months of 2017, compared to a deficit of 1.714 million euro a year earlier, the central bank said on Friday, citing provisional data.
The deficit in trade in goods increased by 581 million euro, the secondary income and services surpluses narrowed by 294 million euro and 197 million euro, respectively, while the deficit on primary income contracted by 817 million euro, the central bank said in a balance of payments report.
In 2016, Romania's current account deficit increased to 4.11 billion euro, from 1.94 billion euro in 2015.
Details on Romania's current account balance follow (in millions of euro):
|
Jan-May'17 |
Jan-May'16 |
Current
account |
-1,969 |
-1,714 |
- goods balance |
-4,088 |
-3,507 |
- services balance |
2,954 |
3,151 |
- primary income |
-1,343 |
-2,160 |
- secondary income |
508 |
802 |
($= 0.8762 euro)