Lithuania - Balance of payments



The US Central Intelligence Agency (CIA) reports that in 2002 the purchasing power parity of Lithuania's exports was $5.4 billion while imports totaled $6.8 billion resulting in a trade deficit of $1.4 billion.

The International Monetary Fund (IMF) reports that in 1998 Lithuania had exports of goods totaling $4.89 billion and imports totaling $6 billion. The services credit totaled $1.16 billion and debit $700 million. The following table summarizes Lithuania's balance of payments as reported by the IMF for 1998 in millions of US dollars.

Lithuania

Current Account -574
Balance on goods -1,108
Balance on services 457
Balance on income -180
Current transfers 258
Capital Account 1
Financial Account 778
Direct investment abroad -7
Direct investment in Lithuania 446
Portfolio investment assets 26
Portfolio investment liabilities 238
Other investment assets -225
Other investment liabilities 301
Net Errors and Omissions 154
Reserves and Related Items -359
Also read article about Lithuania from Wikipedia

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