2007 Balance of Payments Bulletin

The external sector of the economy for year 2007 was characterized by a large flow of trade exchanges, amounting to a total trade volume of 3.7 billion euros, which is 26% higher relative to the previous year. Trade deficit reached 2.1 billion euros or 27% higher relative to the year 2006, the highest recorded in years. The relative indicator of current deficit to GDP reached 10.7% in 2007 from 6.5% the previous year.