Balance of Payments in January - April 2003
24.06.2003
At end-April 2003, the balance-of-payments current account showed a deficit of EUR 564 million, up 3.9 percent from the same year-ago period.
- EUR million -
| |
January - April 2002 |
January - April 2003 |
| CREDIT
| DEBIT
| BALANCE
| CREDIT
| DEBIT
| BALANCE |
| CURRENT ACCOUNT (A+B+C)
| 5,882
| 6,425
| -543
| 6,396
| 6,960
| -564
|
| A. Goods and services
| 5,227
| 6,072
| -845
| 5,741
| 6,557
| -816
|
| a. Goods (exports fob - imports fob)
| 4,492
| 5,287
| -795
| 4,958
| 5,761
| -803
|
| b. Services
| 735
| 785
| -50
| 783
| 796
| 13
|
| - transport
| 314
| 282
| 32
| 329
| 301
| 28
|
| - tourism
| 93
| 116
| -23
| 100
| 112
| -12
|
| - other services
| 328
| 387
| -59
| 354
| 383
| -29
|
| B. Incomes
| 121
| 286
| -165
| 114
| 299
| -185
|
| C. Current transfers
| 534
| 67
| 467
| 541
| 104
| 437 |
Medium- and long-term external debt eased by 0.9 percent versus December 2002 and totalled EUR 14,381 million at end-April 2003.
Public and publicly guaranteed external debt amounted to EUR 9,070 million at end-April 2003, accounting for 63.1 percent of the medium- and long-term debt (against 63.2 percent at end-December 2002); external private debt decreased by 0.6 percent to EUR 5,311 million.
Romania's medium- and long-term debt at end-April 2003 (provisional data)
- EUR million -
| Type of debt |
Balance at 31.12.2002 |
Balance at 30.04.2003 |
Debt service 1.01-30.04.2003 |
| I. Public debt |
6,039
| 5,989
| 140
|
| II. Publicly guaranteed debt |
3,134
| 3,081
| 328
|
| III. Private debt |
5,345
| 5,311
| 340
|
| Total external debt |
14,518
| 14,381
| 808 |
Medium- and long-term debt service ratio ran at 17.3 percent at end-April 2003, against 21.4 percent at end-2002.
Import cover dropped from 4.2 months at end-2002 to 4.1 months at end-April 2003.