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Serbia's Jan-Sept C/A Gap Widens 62.6% Y/Y to Prelim $7.024 Bln - Table

Nov 24, 2008, 11:56:15 AMArticle by Iskra Pavlova
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November 24 (SeeNews) - Serbia's current account deficit widened to $7.024 billion (5.577 billion euro) in the first nine months of 2008 from $4.320 billion a year earlier, preliminary central bank data showed on Monday.

Serbia's Jan-Sept C/A Gap Widens 62.6% Y/Y to Prelim $7.024 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-Sept'08 Jan-Sept'07
I. CURRENT ACCOUNT BALANCE -7,024 -4,320
- Balance of goods -8,760 -6,176
- Balance of services -224 -259
- Balance of goods and services -8,984 -6,436
- Net factor income -879 -505
- Current transfers 2,839 2,620
II. FINANCIAL ACCOUNT BALANCE 6,969 4,443
- Net foreign direct investments 2,442 1,387
- Net long-term credits -25 -4.0
- Net short-term credits -21 5
III. ERRORS & OMISSIONS 35 289
IV. TOTAL BALANCE -49 786

($=0.7925 euro)

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