Table 2: Monthly balance of payments of the euro area
(EUR billions; transactions; non−working day and non−seasonally adjusted data)
| Cumulated figures for the 12-month period ending | January 2010 (revised) | February 2010 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| February 2009 | February 2010 | ||||||||||||||
| 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 | -159.5 | 2,646.3 | 2,805.8 | -46.4 | 2,271.7 | 2,318.1 | -14.7 | 174.3 | 189.0 | -5.2 | 185.9 | 191.0 | |||
| Goods | -23.3 | 1,518.0 | 1,541.2 | 48.0 | 1,304.9 | 1,256.9 | -7.4 | 100.2 | 107.5 | 5.3 | 111.7 | 106.4 | |||
| Services | 37.3 | 511.6 | 474.3 | 32.7 | 467.6 | 434.9 | 0.8 | 35.1 | 34.3 | 1.7 | 34.3 | 32.6 | |||
| Income | -74.7 | 528.7 | 603.4 | -34.1 | 407.5 | 441.5 | -1.1 | 28.7 | 29.9 | 1.2 | 30.4 | 29.2 | |||
| Current transfers | -98.8 | 88.1 | 186.9 | -93.0 | 91.8 | 184.8 | -7.1 | 10.4 | 17.4 | -13.3 | 9.5 | 22.8 | |||
| CAPITAL ACCOUNT | 6.3 | 20.5 | 14.2 | 9.9 | 20.8 | 10.9 | 1.7 | 2.5 | 0.8 | 0.9 | 1.6 | 0.7 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | 183.9 | 27.0 | 14.5 | 7.2 | |||||||||||
| DIRECTINVESTMENT2) | -194.8 | -259.1 | 64.2 | -61.6 | -272.9 | 211.3 | -3.1 | -5.8 | 2.6 | 0.2 | -14.2 | 14.3 | |||
| Equity capital and reinvested earnings | -66.0 | -147.5 | 82.2 | -4.4 | -206.7 | 202.3 | -2.4 | -7.0 | 4.6 | -1.5 | -7.2 | 5.7 | |||
| Other capital (mostly inter-company loans) | -129.7 | -111.5 | -18.0 | -57.3 | -66.2 | 8.9 | -0.7 | 1.3 | -2.0 | 1.7 | -6.9 | 8.6 | |||
| PORTFOLIO INVESTMENT | 344.0 | 96.3 | 247.7 | 275.3 | -118.3 | 393.6 | -0.7 | -30.9 | 30.2 | 10.7 | -8.4 | 19.1 | |||
| Equity | -106.7 | 111.0 | -217.7 | 134.1 | -68.9 | 202.9 | 21.2 | 2.9 | 18.3 | 1.3 | -3.6 | 4.9 | |||
| Debt instruments | 450.6 | -14.7 | 465.4 | 141.3 | -49.4 | 190.7 | -21.9 | -33.8 | 11.9 | 9.4 | -4.9 | 14.3 | |||
| Bonds and notes | 216.2 | -39.0 | 255.2 | 14.5 | -59.2 | 73.7 | -12.4 | -14.5 | 2.1 | 5.3 | -5.3 | 10.6 | |||
| Money market instruments | 234.4 | 24.3 | 210.2 | 126.8 | 9.8 | 117.0 | -9.5 | -19.3 | 9.8 | 4.1 | 0.4 | 3.7 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 149.2 | -162.8 | 311.9 | 213.7 | -391.2 | 604.9 | -3.8 | -36.6 | 32.8 | 10.9 | -22.6 | 33.5 | |||
| FINANCIAL DERIVATIVES (NET) | -20.6 | 33.8 | 5.1 | -1.0 | |||||||||||
| OTHER INVESTMENT | 50.4 | 357.1 | -306.7 | -216.3 | 293.1 | -509.4 | 11.7 | -49.5 | 61.2 | 0.9 | -14.2 | 15.1 | |||
| Eurosystem | 212.7 | 20.5 | 192.2 | -145.3 | 3.2 | -148.5 | -2.4 | 5.1 | -7.5 | 4.6 | 1.7 | 2.8 | |||
| General government | 4.9 | -2.0 | 6.9 | 1.2 | 1.3 | -0.1 | 4.0 | 4.1 | -0.1 | 5.3 | 1.1 | 4.2 | |||
| of which: currency and deposits | -2.2 | -2.2 | 9.1 | 9.1 | 2.9 | 2.9 | -0.8 | -0.8 | |||||||
| MFIs (excluding the Eurosystem) | -38.3 | 442.7 | -481.0 | -60.8 | 192.2 | -253.1 | 2.8 | -67.7 | 70.5 | 23.6 | -9.0 | 32.6 | |||
| Long-term | -218.3 | -149.1 | -69.1 | -27.5 | 3.0 | -30.4 | 10.9 | 9.5 | 1.5 | -16.4 | -13.8 | -2.6 | |||
| Short-term | 180.0 | 591.9 | -411.9 | -33.4 | 189.3 | -222.6 | -8.1 | -77.2 | 69.0 | 40.0 | 4.8 | 35.2 | |||
| Other sectors | -128.8 | -104.1 | -24.7 | -11.4 | 96.3 | -107.7 | 7.3 | 9.0 | -1.7 | -32.6 | -8.0 | -24.6 | |||
| of which: currency and deposits | 46.5 | 46.5 | 41.1 | 41.1 | 5.5 | 5.5 | -3.7 | -3.7 | |||||||
| RESERVE ASSETS | 4.9 | 4.9 | -4.2 | -4.2 | 1.5 | 1.5 | -3.6 | -3.6 | |||||||
| Errors and omissions | -30.7 | 9.5 | -1.5 | -2.9 | |||||||||||