Table 4: Revisions of the euro area balance of payments and international investment position (difference vis-à-vis previously published data)
(EUR billions)
| 2007 | 2008 | 2009 | ||||
|---|---|---|---|---|---|---|
| Transactions | ||||||
| Source: ECB. | ||||||
| Current account | -2.8 | 19.9 | 6.2 | |||
| credit | 5.1 | -3.9 | -10.8 | |||
| debit | 8.0 | -23.8 | -16.9 | |||
| Goods | -2.4 | 0.8 | -1.3 | |||
| credit (exports) | 0.7 | 0.5 | 0.1 | |||
| debit (imports) | 3.1 | -0.3 | 1.4 | |||
| Services | -2.7 | 0.7 | 2.3 | |||
| credit (exports) | -0.7 | -4.6 | -0.8 | |||
| debit (imports) | 2.0 | -5.2 | -3.1 | |||
| Income | 3.4 | 18.3 | 9.5 | |||
| credit | 5.3 | -0.0 | -10.1 | |||
| debit | 1.9 | -18.3 | -19.7 | |||
| Current transfers | -1.1 | 0.1 | -4.3 | |||
| credit | -0.1 | 0.2 | 0.1 | |||
| debit | 1.0 | 0.1 | 4.5 | |||
| Capital account | -0.4 | -0.0 | -0.1 | |||
| credit | -0.1 | 0.2 | 0.7 | |||
| debit | 0.3 | 0.2 | 0.8 | |||
| Financial account balance | 8.0 | -46.4 | -11.9 | |||
| Direct investment | -16.4 | -41.6 | 4.5 | |||
| Abroad | -35.0 | -9.9 | 1.6 | |||
| In the euro area | 18.5 | -31.7 | 2.9 | |||
| Portfolio investment | -24.4 | -40.3 | -43.9 | |||
| Assets | -0.5 | 4.8 | -10.4 | |||
| Liabilities | -23.9 | -45.0 | -33.5 | |||
| Financial derivatives | -3.1 | -12.5 | 9.4 | |||
| Other investment | 52.0 | 48.0 | 18.0 | |||
| Assets | 42.6 | 74.6 | 33.2 | |||
| Liabilities | 9.4 | -26.6 | -15.3 | |||
| Reserve assets | 0.0 | 0.1 | ||||
| Errors and omissions | -4.8 | 26.5 | 5.9 | |||
| Outstanding amounts | ||||||
| Net international investment position | -26.9 | -6.7 | -59.3 | |||
| Direct investment | 67.7 | 47.2 | 37.6 | |||
| Portfolio investment | 13.9 | 100.4 | 49.8 | |||
| Financial derivatives | -2.9 | 6.4 | 0.2 | |||
| Other investment | -105.5 | -160.8 | -146.9 | |||
| Reserve assets | 0.0 | 0.0 | 0.0 | |||