Balance of Payments in January 2002
01.04.2002
At end-January 2002, the balance-of-payments current account exhibited a deficit of USD 59 million compared with USD 107 million at the end of 2001. This development was attributable to the joint action of the following factors: (i) the USD 166 million trade deficit; (ii) the USD 128 million surplus under current transfers.
- USD million -
|
|
January 2001
|
January 2002 |
| CREDIT
| DEBIT
| BALANCE
| CREDIT
| DEBIT
| BALANCE |
| CURRENT ACCOUNT (A+B+C)
| 1,177
| 1,284
| -107
| 1,270
| 1,329
| -59
|
| A. Goods and services
| 1,063
| 1,227
| -164
| 1,090
| 1,266
| -176
|
| a. Goods (exports fob - imports fob)
| 905
| 1,074
| -169
| 912
| 1,078
| -166
|
| b. Services
| 158
| 153
| 5
| 178
| 188
| -10
|
| - Transport
| 67
| 55
| 12
| 73
| 64
| 9
|
| - Tourism
| 24
| 28
| -4
| 24
| 31
| -7
|
| - Others
| 67
| 70
| -3
| 81
| 93
| -12
|
| B. Incomes
| 35
| 28
| 7
| 34
| 45
| -11
|
| C. Current transfers
| 79
| 29
| 50
| 146
| 18
| 128
|
Medium- and long-term external debt remained broadly unchanged against December 2001 and amounted to USD 11,469 million at end-January 2002.
At end-January 2002 public and publicly guaranteed debt ran at USD 7,679 million, accounting for 67 percent of the medium- and long-term debt (against 67.1 percent at end-December 2001). Private external debt rose 0.5 percent reaching USD 3,790 million in January 2002.
Romania's medium- and long-term debt at end-January 2002 (provisional data)
| Type of debt |
Balance at 31.12.2001 |
Balance at 31.01.2002 |
Debt service |
|---|
| I. PUBLIC DEBT |
4,983 | 4,920 | 63 |
|---|
| II. PUBLIC AND PUBLICLY GUARANTEED DEBT |
2,711 | 2,759 | 48 |
|---|
| III. PRIVATE DEBT |
3,771 | 3,790 | 63 |
|---|
| TOTAL EXTERNAL DEBT |
11,465 | 11,469 | 174 |
|---|
At end-January 2002, medium- and long-term debt service ratio stood at 15.9 percent versus 18.4 percent at end-2001.
Import cover increased from 3.9 months at end-2001 to 4.2 months at end-January.