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 | June 2013 (revised) | July 2013 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
July 2012 | July 2013 | ||||||||||||||
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 | 75.0 | 3,100.3 | 3,025.4 | 198.0 | 3,177.0 | 2,979.1 | 27.8 | 274.1 | 246.3 | 26.6 | 276.4 | 249.8 | |||
Goods | 60.4 | 1,878.1 | 1,817.7 | 157.6 | 1,933.1 | 1,775.5 | 19.1 | 161.3 | 142.2 | 20.5 | 168.3 | 147.9 | |||
Services | 88.1 | 610.9 | 522.8 | 96.4 | 634.2 | 537.8 | 11.8 | 56.8 | 45.0 | 10.7 | 58.0 | 47.2 | |||
Income | 37.6 | 514.3 | 476.7 | 58.0 | 508.1 | 450.2 | 6.3 | 48.6 | 42.3 | 4.8 | 42.3 | 37.5 | |||
Current transfers | -111.2 | 97.0 | 208.2 | -114.0 | 101.6 | 215.6 | -9.3 | 7.5 | 16.8 | -9.4 | 7.8 | 17.2 | |||
CAPITAL ACCOUNT | 13.3 | 27.7 | 14.3 | 18.1 | 32.5 | 14.4 | 0.7 | 1.7 | 1.0 | 2.3 | 3.1 | 0.8 | |||
Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
FINANCIALACCOUNT1) | -79.3 | -236.1 | -30.9 | -27.3 | |||||||||||
DIRECTINVESTMENT2) | -52.8 | -352.8 | 300.0 | -86.1 | -194.3 | 108.2 | -5.3 | -2.3 | -3.0 | -2.7 | -9.1 | 6.5 | |||
Equity capital and reinvested earnings | -15.6 | -309.2 | 293.7 | -10.6 | -143.6 | 133.0 | 6.9 | 7.1 | -0.1 | 10.7 | -3.7 | 14.4 | |||
Other capital (mostly inter-company loans) | -37.3 | -43.6 | 6.3 | -75.5 | -50.7 | -24.8 | -12.2 | -9.4 | -2.8 | -13.4 | -5.4 | -8.0 | |||
PORTFOLIO INVESTMENT | 35.2 | 61.4 | -26.2 | 101.2 | -270.6 | 371.8 | 24.8 | 46.9 | -22.1 | -40.8 | -25.7 | -15.1 | |||
Equity | 115.9 | 100.9 | 14.9 | 112.3 | -149.9 | 262.2 | 33.8 | 18.4 | 15.4 | -4.1 | -10.6 | 6.5 | |||
Debt instruments | -80.7 | -39.5 | -41.2 | -11.1 | -120.7 | 109.6 | -9.0 | 28.5 | -37.5 | -36.7 | -15.1 | -21.6 | |||
Bonds and notes | 0.8 | -6.8 | 7.7 | -9.3 | -98.4 | 89.1 | -10.1 | 27.6 | -37.7 | -51.9 | -14.0 | -37.9 | |||
Money market instruments | -81.5 | -32.7 | -48.9 | -1.8 | -22.4 | 20.5 | 1.1 | 0.9 | 0.2 | 15.2 | -1.1 | 16.3 | |||
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | -17.7 | -291.4 | 273.8 | 15.1 | -464.9 | 480.0 | 19.5 | 44.6 | -25.1 | -43.4 | -34.8 | -8.6 | |||
FINANCIAL DERIVATIVES (NET) | -35.9 | 44.9 | 13.9 | -0.5 | |||||||||||
OTHER INVESTMENT | -13.4 | -169.3 | 156.0 | -291.7 | 184.2 | -475.9 | -63.8 | 55.4 | -119.1 | 16.4 | 36.6 | -20.2 | |||
Eurosystem | 140.1 | 7.1 | 133.0 | -59.9 | 7.8 | -67.7 | -6.2 | 2.9 | -9.1 | -8.6 | -3.4 | -5.2 | |||
General government | 26.9 | -14.9 | 41.8 | 1.1 | 10.7 | -9.6 | 5.8 | 2.2 | 3.6 | 5.6 | 4.7 | 0.9 | |||
of which: currency and deposits | -15.0 | -15.0 | 10.5 | 10.5 | 0.6 | 0.6 | 2.7 | 2.7 | |||||||
MFIs (excluding the Eurosystem) | -153.0 | -7.5 | -145.5 | -220.5 | 176.4 | -396.9 | -45.9 | 43.1 | -89.0 | 9.7 | 34.3 | -24.6 | |||
Long-term | -38.2 | 0.8 | -39.0 | 31.5 | 97.7 | -66.2 | 10.3 | 29.3 | -19.0 | -3.2 | 22.4 | -25.5 | |||
Short-term | -114.8 | -8.3 | -106.6 | -252.0 | 78.7 | -330.6 | -56.3 | 13.8 | -70.0 | 12.9 | 11.9 | 0.9 | |||
Other sectors | -27.3 | -154.1 | 126.7 | -12.4 | -10.7 | -1.7 | -17.5 | 7.1 | -24.6 | 9.7 | 1.0 | 8.7 | |||
of which: currency and deposits | -57.4 | -57.4 | -1.2 | -1.2 | 8.6 | 8.6 | -0.2 | -0.2 | |||||||
RESERVE ASSETS | -12.3 | -12.3 | -4.5 | -4.5 | -0.6 | -0.6 | 0.3 | 0.3 | |||||||
Errors and omissions | -9.0 | 20.1 | 2.3 | -1.6 |