External Sector Developments of the Albanian Economy over the third quarter of 2009
Production date: 31.12.2009
Printed on: 31.12.2009
Author: Balance of Payments and Surveys Division
Material category
Periodic Publications, Balance of Payments Bulletin
Short Description
The overall balance of payments for the second quarter of 2009 resulted with a growth of foreign assets by EUR 44 million. The third quarter of year ended with a current account deficit of EUR 331 million. The deficit is deepened to about EUR 100 million from EUR 231 million, relative to the second quarter of 2008. Merchandise trade deficit amounted to EUR 591 million relative to EUR 602 million of the third quarter of previous year. Capital inflows recorded a net position of EUR 187 million, by financing about 57% of the current deficit.
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