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 | August 2013 (revised) | September 2013 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
September 2012 | September 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 | 94.5 | 3,154.6 | 3,060.1 | 191.9 | 3,183.7 | 2,991.8 | 12.4 | 248.3 | 235.9 | 14.0 | 268.0 | 253.9 | |||
Goods | 73.2 | 1,896.6 | 1,823.4 | 159.4 | 1,928.8 | 1,769.4 | 8.3 | 147.7 | 139.4 | 13.7 | 163.3 | 149.6 | |||
Services | 87.5 | 619.1 | 531.6 | 97.2 | 641.9 | 544.7 | 8.0 | 55.0 | 47.0 | 9.5 | 57.6 | 48.1 | |||
Income | 46.9 | 542.7 | 495.8 | 54.8 | 513.2 | 458.4 | 7.6 | 40.6 | 33.0 | 1.7 | 41.1 | 39.4 | |||
Current transfers | -113.1 | 96.2 | 209.3 | -119.5 | 99.8 | 219.3 | -11.4 | 5.0 | 16.4 | -10.9 | 6.0 | 16.9 | |||
CAPITAL ACCOUNT | 4.8 | 29.4 | 24.6 | 17.6 | 30.5 | 12.9 | 1.4 | 2.1 | 0.7 | 0.5 | 1.1 | 0.6 | |||
Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
FINANCIALACCOUNT1) | -76.0 | -243.3 | -13.9 | -18.1 | |||||||||||
DIRECTINVESTMENT2) | 32.5 | -389.8 | 422.3 | -117.6 | -281.4 | 163.8 | -7.2 | -23.0 | 15.8 | -7.3 | -16.5 | 9.2 | |||
Equity capital and reinvested earnings | -22.2 | -302.5 | 280.3 | 37.7 | -130.0 | 167.7 | -5.0 | -11.6 | 6.6 | -9.1 | -19.4 | 10.2 | |||
Other capital (mostly inter-company loans) | 54.7 | -87.2 | 142.0 | -155.3 | -151.5 | -3.8 | -2.2 | -11.4 | 9.2 | 1.8 | 2.8 | -1.0 | |||
PORTFOLIO INVESTMENT | -62.0 | -55.4 | -6.6 | 135.0 | -264.3 | 399.3 | 24.5 | 6.0 | 18.5 | -4.6 | -36.6 | 32.0 | |||
Equity | 99.4 | 38.6 | 60.8 | 93.7 | -167.7 | 261.4 | 32.5 | 5.4 | 27.1 | -19.7 | -25.9 | 6.2 | |||
Debt instruments | -161.4 | -93.9 | -67.4 | 41.3 | -96.6 | 137.9 | -8.0 | 0.6 | -8.6 | 15.1 | -10.7 | 25.8 | |||
Bonds and notes | -33.0 | -57.3 | 24.3 | -60.1 | -102.9 | 42.8 | -10.1 | 2.9 | -13.0 | 1.4 | -8.2 | 9.5 | |||
Money market instruments | -128.4 | -36.7 | -91.7 | 101.5 | 6.4 | 95.1 | 2.2 | -2.2 | 4.4 | 13.7 | -2.5 | 16.2 | |||
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | -29.5 | -445.1 | 415.7 | 17.4 | -545.7 | 563.2 | 17.4 | -17.0 | 34.4 | -11.9 | -53.1 | 41.2 | |||
FINANCIAL DERIVATIVES (NET) | -33.2 | 45.6 | 7.0 | 3.2 | |||||||||||
OTHER INVESTMENT | 4.4 | 33.4 | -29.0 | -299.4 | 208.8 | -508.2 | -36.3 | 0.1 | -36.4 | -8.2 | 42.2 | -50.4 | |||
Eurosystem | 122.4 | 8.8 | 113.6 | -59.0 | 5.7 | -64.8 | 0.1 | 2.3 | -2.2 | -8.7 | -5.1 | -3.6 | |||
General government | 11.9 | -7.0 | 18.9 | -4.0 | -1.0 | -3.0 | -1.9 | -2.6 | 0.7 | 2.6 | -0.5 | 3.0 | |||
of which: currency and deposits | -8.0 | -8.0 | 2.7 | 2.7 | -0.9 | -0.9 | -0.3 | -0.3 | |||||||
MFIs (excluding the Eurosystem) | -86.2 | 161.4 | -247.6 | -243.2 | 167.2 | -410.4 | -35.2 | -8.8 | -26.5 | 1.0 | 50.9 | -49.9 | |||
Long-term | -43.4 | 10.6 | -54.0 | 49.4 | 113.9 | -64.5 | 4.9 | 9.8 | -5.0 | 0.9 | 5.6 | -4.7 | |||
Short-term | -42.8 | 150.8 | -193.6 | -292.6 | 53.3 | -345.9 | -40.1 | -18.6 | -21.5 | 0.1 | 45.3 | -45.2 | |||
Other sectors | -43.6 | -129.7 | 86.1 | 6.8 | 36.8 | -30.0 | 0.8 | 9.1 | -8.3 | -3.1 | -3.1 | 0.0 | |||
of which: currency and deposits | -41.8 | -41.8 | -24.1 | -24.1 | -7.9 | -7.9 | -4.4 | -4.4 | |||||||
RESERVE ASSETS | -17.8 | -17.8 | -6.9 | -6.9 | -2.0 | -2.0 | -1.2 | -1.2 | |||||||
Errors and omissions | -23.2 | 33.8 | 0.1 | 3.5 |