Balance of Payments in January - April 2001
23.07.2001
As at end-April 2001, the current account deficit equalled USD 791 million compared with USD
239 million in the same year-ago period. This development stemmed mainly from the following: (i) the USD
888 million trade deficit and (ii) the USD 260 million surplus under current transfers.
- USD million -
|
|
January - April 2000
|
January - April 2001 |
| CREDIT
| DEBIT
| BALANCE
| CREDIT
| DEBIT
| BALANCE |
| CURRENT ACCOUNT (A+B+C)
| 3,975
| 4,214
| -239
| 4,734
| 5,525
| -791
|
| A. Goods and services
| 3,640
| 3,954
| -314
| 4,239
| 5,237
| -998
|
| a. Goods (exports fob - imports fob)
| 3,192
| 3,350
| -158
| 3,702
| 4,590
| -888
|
| b. Services
| 448
| 604
| -156
| 537
| 647
| -110
|
| - Transport
| 177
| 188
| -11
| 217
| 244
| -27
|
| - Tourism
| 94
| 96
| -2
| 66
| 107
| -41
|
| - Others
| 177
| 320
| -143
| 254
| 296
| -42
|
| B. Incomes
| 68
| 195
| -127
| 135
| 188
| -53
|
| C. Current transfers
| 267
| 65
| 202
| 360
| 100
| 260
|
In the first four months of this year, Romania's external debt rose USD 301 million to USD 10,544 million at end-April 2001.
Medium- and long-term external debt increased by 2.9 per cent to reach USD 10,166 million and
short-term debt went up 7.6 per cent to USD 389 million.
Public and publicly guaranteed debt as of end-April 2001 came in at USD 7,128 million, accounting for
70.1 per cent of the medium- and long-term debt compared with 69.6 per cent at year-end 2000. In the
first four monts of 2001, private debt was little changed, running at USD 3,037 million at end-April.
Debt service ratio (computed as a ratio between external debt service and exports of goods and services)
stood at 15 per cent as of end-April 2001 compared with 18.8 per cent at end-2000.