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Serbia c/a gap narrows sharply in February

Debt

Image by Bobica10 / Shutterstock.com

Serbia's current account deficit narrowed sharply to USD 58.7 million in February from USD 463.8 million in the corresponding month of the previous year, the country's central bank reported.

The goods gap declined to USD 379 million from USD 535 million a year earlier, while the services surplus expanded to USD 138 million from USD 43 million.

Additionally, the primary income shortfall dropped to USD 113 million from USD 219 million, whilst the secondary income improved to a surplus of USD 296 million from USD 247 million.

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