2004 Balance of Payments Bulletin

Author: Bank of Albania
Printed on: 04.07.2005
Production date: 04.07.2005
Material category : Periodic Publications / Balance of Payments Bulletin
The favorable economic developments in the country are also reflected in the foreign transactions. Current deficit reduced to 5 per cent of GDP from 7 per cent in 2003. The improvement of current deficit position is impacted by the significant improvement of trade balance