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 | April 2010 (revised) | May 2010 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May 2009 | May 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 | -138.4 | 2,515.1 | 2,653.5 | -44.8 | 2,328.6 | 2,373.4 | -7.5 | 195.4 | 202.9 | -16.7 | 206.2 | 222.9 | |||
Goods | -16.1 | 1,429.5 | 1,445.6 | 47.9 | 1,376.3 | 1,328.4 | 2.9 | 122.9 | 120.0 | 0.6 | 124.0 | 123.4 | |||
Services | 34.1 | 500.6 | 466.5 | 33.2 | 472.3 | 439.0 | 3.2 | 38.2 | 35.0 | 3.7 | 40.1 | 36.4 | |||
Income | -55.6 | 499.2 | 554.8 | -34.1 | 391.9 | 426.0 | -5.8 | 30.2 | 36.0 | -15.6 | 34.6 | 50.2 | |||
Current transfers | -100.8 | 85.8 | 186.6 | -91.8 | 88.2 | 180.0 | -7.7 | 4.1 | 11.8 | -5.4 | 7.5 | 12.9 | |||
CAPITAL ACCOUNT | 6.3 | 20.1 | 13.8 | 7.2 | 19.6 | 12.5 | -0.2 | 0.7 | 0.9 | 2.0 | 2.7 | 0.8 | |||
Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
FINANCIALACCOUNT1) | 177.6 | 15.4 | 8.6 | 17.8 | |||||||||||
DIRECTINVESTMENT2) | -145.1 | -340.7 | 195.6 | -103.1 | -188.8 | 85.7 | -11.4 | -15.7 | 4.3 | -17.2 | -14.3 | -2.9 | |||
Equity capital and reinvested earnings | -41.1 | -214.7 | 174.3 | 51.8 | -115.5 | 167.2 | 4.0 | -1.3 | 5.3 | -1.9 | -3.4 | 1.5 | |||
Other capital (mostly inter-company loans) | -105.2 | -126.0 | 21.4 | -154.8 | -73.3 | -81.5 | -15.4 | -14.4 | -1.0 | -15.3 | -10.9 | -4.5 | |||
PORTFOLIO INVESTMENT | 437.2 | 247.6 | 189.5 | 292.8 | -163.0 | 455.8 | 32.3 | -17.3 | 49.6 | 63.9 | 12.3 | 51.6 | |||
Equity | -81.5 | 136.5 | -218.1 | 62.8 | -112.8 | 175.6 | -10.3 | -6.4 | -3.9 | 21.7 | 14.6 | 7.2 | |||
Debt instruments | 518.7 | 111.1 | 407.6 | 230.0 | -50.2 | 280.2 | 42.6 | -10.9 | 53.5 | 42.1 | -2.3 | 44.5 | |||
Bonds and notes | 217.2 | 53.8 | 163.4 | 63.8 | -109.6 | 173.3 | 35.4 | -14.3 | 49.7 | 39.3 | 2.0 | 37.4 | |||
Money market instruments | 301.5 | 57.3 | 244.2 | 166.2 | 59.4 | 106.9 | 7.2 | 3.4 | 3.8 | 2.8 | -4.3 | 7.1 | |||
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 292.0 | -93.1 | 385.1 | 189.8 | -351.8 | 541.6 | 20.9 | -33.0 | 53.9 | 46.7 | -2.0 | 48.7 | |||
FINANCIAL DERIVATIVES (NET) | 20.1 | 3.9 | 0.3 | -2.2 | |||||||||||
OTHER INVESTMENT | -141.3 | 578.4 | -719.7 | -173.3 | -108.9 | -64.4 | -12.5 | -96.2 | 83.7 | -26.6 | -82.7 | 56.1 | |||
Eurosystem | 113.3 | 17.9 | 95.4 | -85.1 | 5.6 | -90.7 | 0.8 | -1.2 | 2.0 | 13.4 | 3.9 | 9.6 | |||
General government | 15.7 | 5.7 | 10.0 | 1.4 | -6.9 | 8.3 | -3.9 | -4.9 | 1.0 | 6.5 | -0.5 | 7.0 | |||
of which: currency and deposits | 6.3 | 6.3 | -0.2 | -0.2 | -4.9 | -4.9 | -0.6 | -0.6 | |||||||
MFIs (excluding the Eurosystem) | -170.7 | 550.6 | -721.3 | -38.3 | -50.6 | 12.3 | 19.7 | -70.7 | 90.4 | -39.5 | -74.3 | 34.9 | |||
Long-term | -184.0 | -106.0 | -78.1 | 10.0 | -0.6 | 10.6 | 13.2 | -0.8 | 13.9 | -12.8 | -14.2 | 1.4 | |||
Short-term | 13.3 | 656.5 | -643.2 | -48.3 | -50.0 | 1.8 | 6.5 | -69.9 | 76.4 | -26.6 | -60.1 | 33.5 | |||
Other sectors | -99.7 | 4.2 | -103.9 | -51.3 | -56.9 | 5.7 | -29.1 | -19.4 | -9.7 | -7.1 | -11.7 | 4.7 | |||
of which: currency and deposits | 42.8 | 42.8 | -5.5 | -5.5 | -5.7 | -5.7 | -1.8 | -1.8 | |||||||
RESERVE ASSETS | 6.8 | 6.8 | -4.9 | -4.9 | -0.0 | -0.0 | -0.1 | -0.1 | |||||||
Errors and omissions | -45.5 | 22.2 | -1.0 | -3.1 |