Table 2: Monthly balance of payments of the euro area
(EUR billions; transactions; non−seasonally adjusted data)
| Cumulated figures for the 12-month period ending | September 2009 (revised) | October 2009 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| October 2008 | October 2009 | ||||||||||||||
| Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | ||||
| Source: ECB. | |||||||||||||||
| ( 1 ) Financial account: inflows (+); outflows (−). Reserve assets: increase (−); decrease (+). | |||||||||||||||
| ( 2 ) Direct investment: assets refer to direct investment abroad and liabilities to direct investment in the euro area. | |||||||||||||||
| CURRENTACCOUNT | -118.7 | 2,777.4 | 2,896.1 | -82.9 | 2,315.6 | 2,398.5 | -4.7 | 191.9 | 196.6 | -3.9 | 195.2 | 199.1 | |||
| Goods | -4.5 | 1,600.0 | 1,604.5 | 20.8 | 1,298.2 | 1,277.4 | 1.9 | 111.9 | 110.0 | 7.5 | 118.4 | 110.9 | |||
| Services | 41.6 | 511.6 | 470.0 | 27.7 | 470.1 | 442.4 | 3.8 | 41.4 | 37.7 | 2.8 | 40.0 | 37.1 | |||
| Income | -59.9 | 576.8 | 636.7 | -37.1 | 461.2 | 498.3 | -3.1 | 34.2 | 37.2 | 0.4 | 32.8 | 32.4 | |||
| Current transfers | -95.9 | 88.9 | 184.8 | -94.3 | 86.0 | 180.3 | -7.3 | 4.4 | 11.8 | -14.6 | 4.0 | 18.6 | |||
| CAPITAL ACCOUNT | 2.5 | 26.6 | 24.1 | 6.9 | 18.0 | 11.0 | 0.1 | 1.0 | 0.9 | 0.3 | 1.1 | 0.8 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | 154.0 | 104.3 | 10.4 | 14.4 | |||||||||||
| DIRECTINVESTMENT2) | -137.4 | -384.6 | 247.2 | -132.1 | -319.3 | 187.2 | -26.2 | -31.7 | 5.5 | -1.5 | -27.3 | 25.7 | |||
| Equity capital and reinvested earnings | -104.0 | -248.4 | 145.1 | -14.0 | -189.4 | 175.7 | -2.3 | -7.3 | 5.0 | -7.9 | -24.3 | 16.4 | |||
| Other capital (mostly inter-company loans) | -34.2 | -136.2 | 102.1 | -118.5 | -130.0 | 11.5 | -23.9 | -24.4 | 0.5 | 6.4 | -2.9 | 9.3 | |||
| PORTFOLIO INVESTMENT | 311.0 | -48.5 | 359.5 | 395.4 | 23.9 | 371.5 | 53.5 | 9.5 | 44.0 | 19.2 | -15.1 | 34.3 | |||
| Equity | -16.7 | 86.0 | -102.7 | 57.1 | 20.6 | 36.5 | -4.3 | -0.2 | -4.1 | -29.3 | -8.2 | -21.2 | |||
| Debt instruments | 327.8 | -134.5 | 462.2 | 338.3 | 3.3 | 335.0 | 57.8 | 9.7 | 48.1 | 48.5 | -6.9 | 55.5 | |||
| Bonds and notes | 133.8 | -156.2 | 290.0 | 220.9 | 60.5 | 160.3 | 33.2 | 6.6 | 26.6 | 27.6 | -5.9 | 33.5 | |||
| Money market instruments | 193.9 | 21.7 | 172.3 | 117.4 | -57.3 | 174.7 | 24.7 | 3.1 | 21.6 | 20.9 | -1.0 | 22.0 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 173.6 | -433.1 | 606.7 | 263.3 | -295.5 | 558.8 | 27.3 | -22.2 | 49.5 | 17.7 | -42.3 | 60.0 | |||
| FINANCIAL DERIVATIVES (NET) | -71.3 | 1.9 | -1.6 | 0.8 | |||||||||||
| OTHER INVESTMENT | 58.4 | -341.3 | 399.7 | -170.7 | 725.1 | -895.8 | -17.9 | 26.9 | -44.8 | -3.5 | -40.0 | 36.4 | |||
| Eurosystem | 337.6 | 8.7 | 328.9 | -241.4 | 4.5 | -245.9 | -19.2 | 1.8 | -21.0 | -10.2 | -1.9 | -8.3 | |||
| General government | -0.1 | 0.9 | -1.0 | 5.7 | 2.5 | 3.2 | 3.1 | 1.7 | 1.4 | 6.2 | 0.3 | 5.9 | |||
| of which: currency and deposits | -1.1 | -1.1 | 3.1 | 3.1 | 1.8 | 1.8 | 0.5 | 0.5 | |||||||
| MFIs (excluding the Eurosystem) | -159.6 | -160.3 | 0.7 | 167.7 | 644.2 | -476.6 | 17.2 | 23.2 | -6.0 | 4.2 | -13.6 | 17.8 | |||
| Long-term | -234.8 | -213.7 | -21.1 | -36.5 | 44.3 | -80.8 | 16.3 | 11.7 | 4.5 | 13.3 | 22.8 | -9.5 | |||
| Short-term | 75.1 | 53.4 | 21.7 | 204.2 | 599.9 | -395.7 | 0.9 | 11.4 | -10.6 | -9.1 | -36.4 | 27.3 | |||
| Other sectors | -119.5 | -190.6 | 71.1 | -102.7 | 73.9 | -176.5 | -19.0 | 0.1 | -19.1 | -3.8 | -24.8 | 21.0 | |||
| of which: currency and deposits | 29.8 | 29.8 | 26.3 | 26.3 | 6.2 | 6.2 | -3.7 | -3.7 | |||||||
| RESERVE ASSETS | -6.7 | -6.7 | 9.8 | 9.8 | 2.6 | 2.6 | -0.6 | -0.6 | |||||||
| Errors and omissions | -37.8 | -28.3 | -5.8 | -10.8 | |||||||||||