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Serbia's Jan-Oct C/A Gap Widens 48% Y/Y to Prelim $7.526 Bln - Table

Dec 8, 2008, 5:08:32 PMArticle by Iskra Pavlova
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December 8 (SeeNews) - Serbia's current account deficit widened to $7.526 billion (5.833 billion euro) in the first ten months of 2008 from $5.098 billion a year earlier, preliminary central bank data showed on Monday.

Serbia's Jan-Oct C/A Gap Widens 48% Y/Y to Prelim $7.526 Bln - Table

The country’s current account gap widened by 77% to $5.286 billion in 2007, according to central bank data.

Details follow (in millions of U.S. dollars):

BALANCE OF PAYMENTS Jan-Oct'08 Jan-Oct'07
I. CURRENT ACCOUNT BALANCE -7,526 -5,098
- Balance of goods -9,716 -7,162
- Balance of services -258 -303
- Balance of goods and services -9,974 -7,466
- Net factor income -1,056 -594
- Current transfers 3,504 2,962
II. FINANCIAL ACCOUNT BALANCE 7,421 5,224
- Net foreign direct investments 2,558 1,539
- Net long-term credits -23 -0.5
- Net short-term credits -18 5.0
III. ERRORS & OMISSIONS 85 284
IV. TOTAL BALANCE -882 1,013

($=0.7761 euro)

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