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ČR’s deficit on investment position abroad has dropped

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In Q1 2015 the Czech Republic’s deficit on its investment position abroad fell CZK 212.9bn to CZK 1,307.3bn. The investment position deficit to GDP ratio at current prices is 30.3 %. In a y/y comparison the negative balance is CZK 234.5bn lower. The Czech Republic’s foreign indebtedness increased by CZK 199.5bn to CZK 2,887.4bn (66.8 % of GDP). This was reported by the Czech National Bank.

Source: www.cianews.cz

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