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Serbia's Jan-Aug C/A Gap Shrinks 72% to Prelim 1.15 Bln Euro - Table

Oct 14, 2009, 6:55:40 PMArticle by Iskra Pavlova
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October 14 (SeeNews) - Serbia's current account deficit contracted to 1.15 billion euro ($1.7 billion) through August from 4.05 billion euro a year earlier, preliminary central bank data showed on Wednesday.

Serbia's Jan-Aug C/A Gap Shrinks 72% to Prelim 1.15 Bln Euro - Table

Details follow (in millions of euro):

BALANCE OF PAYMENTS Jan-August'09 Jan-August'08
I. CURRENT ACCOUNT BALANCE -1,149 -4,052
- Balance of goods -3,110 -5,025
- Balance of services -20 -118
- Balance of goods and services -3,130 -5,143
- Net factor income -284 -495
II. CAPITAL ACCOUNT BALANCE -2.0 14
III. FINANCIAL ACCOUNT BALANCE 1,249 4,089
- Net foreign direct investments 975 1,602
- Net long-term credits 12 -18
- Net short-term credits 6.8 -15.4
IV. ERRORS & OMISSIONS -98 -51
V. TOTAL BALANCE 1,356 -56

($=0.6715 euro)


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