Slovakia Records Growing Current Account Surplus

Business › Economy ♦ Published: September 4, 2012; 21:26 ♦ (Vindobona)

In the first five months of 2012, Slovakia´s current account surplus reached € 1.24bn. Against the reference period of 2011, this is an increase by € 350m.

Slovakia Records Growing Current Account Surplus / Picture: © Vindobona.org

The main factor was Slovakia´s trade balance. In the first five months, the trade balance surplus reached € 1.92bn. Besides that, the balance of services registered a positive result of € 99.4m. The balance of receipts showed a deficit of € 631m, the balance of current transfers came at € -146m. Direct investments reached a surplus of € 1.338bn.Other investments came at €…

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