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Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
EconomyMacroeconomyprimarily in the services balance and secondarily in the balance of goods along with the primary income.... The services balance improved to a surplus of 3.12 billion from 2.82 billion a year ago, representing... that the improvement originated from a rise in the services surplus and also an improvement
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Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
EconomyMacroeconomyoffset by a lower services surplus and a small rise in the deficit of the secondary income account.... The services balance dropped YoY by 126 million, reaching 1.63 billion euros in October. The travel balance... of 2.27 billion a year ago. BoG said that this reflects a rise in the surplus of the services
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Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
EconomyMacroeconomyin the services balance and the secondary income account. The deficit of the balance of goods fell..., declining by 26.4 percent year-on-year (YoY). The services balance dropped sharply by 40.9 million... decreases in the services surplus. The deficit of the balance of goods decreased thanks to an improvement
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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomyto a deterioration in the services balance and the secondary income account, which was partly offset...). The services balance shrank by 81.7 percent YoY to stand at 328.2 million euros in May. The travel balance... to BoG, this is due to the deterioration in the services balance and the secondary income account which
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Current account shows deficit of 874.5 mln in July as travel receipts disappoint
EconomyMacroeconomya significant deterioration in the services balance, which was partly offset by the improved balance... to 1.60 billion euros, declining by 20.6 percent year-on-year (YoY). The services balance continued... of 2019. According to BoG, this is due to a decline in the services surplus, as well as the surplus
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Current account shows surplus of 79.7 mln in August
EconomyMacroeconomyfrom a significant deterioration in the services balance, which was partly offset by improvements... of goods came to 1.40 billion euros, declining by 25.1 percent year-on-year (YoY). The services.... According to BoG, this is due exclusively to a decline in the services surplus, which was partly
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Current account shows deficit of 1.26 bln in November
EconomyMacroeconomyin the services balance and the secondary income account. The deficit for the balance of goods came to 1.44 billion euros, declining by 14.6 percent year-on-year (YoY). The services balance came to a surplus... entirely to a decline in the services surplus, which was partly offset by a 4.2 billion drop
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Current account deficit hits €11.2 bln in 2020 after tourism collapse
EconomyMacroeconomyperformance is due to a deterioration in the balance of services and the secondary income account.... The deterioration for the whole of 2020 was due almost entirely to a decline in the services surplus... of 10.9 percent. Imports decreased by 14.2 percent to 47.4 billion euros. The 2020 services surplus
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Current account deficit narrows to 840.3 mln in Feb as imports drop
EconomyMacroeconomyin the services balance and the secondary income account. The deficit for the balance of goods came to 1.33 billion euros, declining by 25.7 percent year-on-year (YoY). The services balance came... and the secondary income accounts, which were partly offset by a decrease in the services surplus. The total
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GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
EconomyMacroeconomy. Exports growth was led by a rise in services exports that jumped by 29 pct QoQ thanks to the tourism... on the previous quarter, rising by 7.3 pct QoQ, due to a rise of close to 19 pct in imports of services... growth in Q2. Exports growth of 48.6 pct was led by the jump of services that increased by 84.6 pct
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