The Bank of Lithuania published balance of payments data for March 2025 showing the current account balance surplus rising to EUR 192.7 million from EUR 2.9 million in February, mainly driven by a stronger services surplus and a higher secondary income balance. The surplus on the balance of services increased by 24.0% to EUR 902.0 million as exports of services grew faster than imports (up 16.3% and 9.7% respectively). The secondary income balance increased to EUR 57.3 million from EUR 11.0 million. In goods trade, exports and imports rose by 14.1% and 12.6% respectively, while the foreign trade deficit widened by 6.0% to EUR 676.7 million; the primary income deficit narrowed by 7.2% to EUR 89.8 million. The financial account recorded a positive net flow of EUR 455.1 million, supported by positive net flows in direct investment (EUR 377.1 million) and portfolio investment (EUR 270.5 million) and an increase in official reserve assets (EUR 371.8 million), partly offset by a negative net flow of other investment (EUR 557.8 million).
Bank of Lithuania 2025-05-14
Bank of Lithuania publishes March 2025 balance of payments showing current account surplus jump to EUR 192.7 million
The Bank of Lithuania reported a current account surplus of EUR 192.7 million for March 2025, up from EUR 2.9 million in February, driven by a stronger services surplus and higher secondary income balance. The services surplus rose by 24.0% to EUR 902.0 million, with service exports growing faster than imports. The financial account showed a positive net flow of EUR 455.1 million, bolstered by direct and portfolio investments and increased official reserve assets.