The Bank of Lithuania published Lithuania’s second quarter 2025 balance of payments data, showing the current account balance surplus rose to EUR 137.9 million (0.7% of GDP) from EUR 10.3 million in Q1 2025. The improvement was driven mainly by a larger surplus in services, partly offset by a wider primary income deficit and a slightly larger goods trade deficit. The goods trade deficit increased 0.6% to EUR 1.6 billion as exports fell by 1.8% and imports by 2.3%. The services surplus grew 21.8% to EUR 2.5 billion after services exports rose 12.8% (EUR 710.4 million) and services imports increased 7.5% (EUR 260.6 million). The primary income deficit rose 1.8 times to EUR 755.6 million, mainly due to a larger investment income deficit of EUR 828.1 million linked to higher reinvestment and dividends paid to investors in Lithuania, while the secondary income balance shifted to a EUR 22.3 million surplus due to European Union financial aid to general government. The capital account surplus increased 1.4 times to EUR 285.5 million, largely reflecting transfers from EU structural support funds. The financial account recorded a net negative investment flow of EUR 1.8 billion (-8.8% of GDP), reflecting negative net flows in other investment (EUR 2.9 billion) and direct investment (EUR 1.2 billion), partly offset by a positive portfolio investment flow (EUR 2.1 billion) and higher official reserve assets (EUR 204.1 million). At end-Q2 2025, the net international investment position was -EUR 2.9 billion (-3.6% of GDP), gross external debt was EUR 69.2 billion (85.4% of GDP), and net external debt was -EUR 8.2 billion (-10.2% of GDP). The Bank of Lithuania also revised quarterly and monthly balance of payments and international investment position data covering Q1 2024 to Q1 2025.
Bank of Lithuania 2025-09-19
Bank of Lithuania reports a larger current account surplus in Q2 2025 as services strength outweighs wider primary income deficit
The Bank of Lithuania reported a Q2 2025 current account surplus of EUR 137.9 million (0.7% of GDP), up from EUR 10.3 million in Q1, driven by a larger services surplus despite wider primary income and goods trade deficits. The financial account showed a net negative investment flow of EUR 1.8 billion (-8.8% of GDP), with negative net flows in other and direct investments partially offset by positive portfolio investment and increased official reserve assets. The net international investment position was -EUR 2.9 billion (-3.6% of GDP), with gross external debt at EUR 69.2 billion (85.4% of GDP).