November 17 (SeeNews) - Serbia's current account deficit rose to 1.502 billion euro ($1.442 billion) in the first ten months of 2017, from 883 million euro in the like period of last year, the central bank, NBS, said on Wednesday.
Trade in goods showed a deficit of 3.065 billion euro in the January-October period, while trade in services recorded a surplus of 767 million euro, the NBS said in a statement.
Primary income deficit amounted to 2.1 billion euro, whereas surplus in secondary income came in at 2.9 billion euro in the ten months through October 2017.
In October alone, Serbia's current account balance showed a deficit of 88 million euro, compared to a gap of 55 million euro a year earlier.
In 2016, Serbia's current account deficit narrowed to 1.075 billion euro from 1.751 billion euro in 2015.
Details on Serbia's current account balance follow (in billions of euro):
|
Jan-Oct'17 |
Jan-Oct'16 |
Current account |
-1.502 |
-0.883 |
- goods |
-3.065 |
-2.529 |
- services |
0.767 |
0.728 |
- primary income |
-2.094 |
-1.708 |
- secondary income |
2.891 |
2.626 |
(1 euro = 119.322 dinars)