According to the central bank, the increase of Serbia’s current account deficit attained 124% on the year in the first five months of the year (totally 1.654 billion euro ($1.927 billion).
As NBS said in a data release on Thursday, the rise of the deficit in trade of goods in the first five months attained an annual 18% (3.003 billion euro in total). Also, there was a decrease of the surplus in trade of services by 16% to 1.016 billion euro.
Notably, the increase of the primary income deficit equaled to an annual 4% (totally 1.138 billion euro). In its turn, the decrease of the surplus in secondary income reached 8% (totally 1.551 billion euro).
Only in May, the growth of Serbia’s current account gap was 2% on the year and reached 334 million euro.
As revised data NBS published last month report, there was an increase of Serbia’s current account gap in 2024 to 3.899 billion euro from 1.804 billion euro in the prior year.
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