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 | March 2012 (revised) | April 2012 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
April 2011 | April 2012 | ||||||||||||||
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 | -16.7 | 2,776.1 | 2,792.9 | 17.6 | 2,988.8 | 2,971.2 | 8.7 | 263.9 | 255.1 | 1.6 | 243.2 | 241.6 | |||
Goods | -0.4 | 1,661.1 | 1,661.5 | 26.3 | 1,821.2 | 1,795.0 | 8.8 | 167.8 | 158.9 | 6.0 | 152.1 | 146.1 | |||
Services | 50.7 | 534.2 | 483.5 | 65.1 | 555.8 | 490.7 | 5.1 | 44.9 | 39.7 | 5.4 | 44.9 | 39.5 | |||
Income | 33.4 | 489.6 | 456.2 | 28.9 | 516.7 | 487.9 | 5.3 | 45.3 | 40.0 | -0.9 | 39.9 | 40.8 | |||
Current transfers | -100.4 | 91.2 | 191.7 | -102.6 | 95.0 | 197.6 | -10.5 | 6.0 | 16.5 | -8.8 | 6.3 | 15.1 | |||
CAPITAL ACCOUNT | 6.6 | 21.7 | 15.1 | 11.0 | 25.8 | 14.8 | 0.3 | 1.6 | 1.3 | 0.4 | 1.4 | 1.0 | |||
Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
FINANCIALACCOUNT1) | -18.7 | -25.3 | -17.8 | -3.5 | |||||||||||
DIRECTINVESTMENT2) | -117.5 | -350.9 | 233.4 | -111.1 | -260.2 | 149.1 | -18.1 | -25.3 | 7.2 | -6.0 | -22.0 | 16.0 | |||
Equity capital and reinvested earnings | -56.3 | -249.7 | 194.0 | -43.4 | -211.8 | 168.4 | 1.5 | -11.0 | 12.5 | -6.0 | -10.1 | 4.1 | |||
Other capital (mostly inter-company loans) | -61.6 | -101.2 | 39.4 | -67.7 | -48.4 | -19.3 | -19.6 | -14.4 | -5.2 | -0.0 | -11.9 | 11.9 | |||
PORTFOLIO INVESTMENT | 246.8 | -112.8 | 359.6 | 119.7 | 2.0 | 117.6 | -14.4 | -44.5 | 30.1 | -8.8 | 11.2 | -20.0 | |||
Equity | 197.3 | -43.4 | 240.7 | 84.3 | 61.6 | 22.7 | 13.3 | -8.8 | 22.1 | -24.9 | -5.8 | -19.1 | |||
Debt instruments | 49.5 | -69.3 | 118.8 | 35.3 | -59.6 | 94.9 | -27.7 | -35.7 | 8.0 | 16.0 | 17.0 | -0.9 | |||
Bonds and notes | 82.8 | -61.5 | 144.3 | 74.5 | -40.6 | 115.1 | -20.0 | -21.4 | 1.4 | 2.8 | 7.4 | -4.6 | |||
Money market instruments | -33.3 | -7.9 | -25.4 | -39.1 | -18.9 | -20.2 | -7.8 | -14.3 | 6.6 | 13.3 | 9.6 | 3.7 | |||
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 129.3 | -463.7 | 593.0 | 8.6 | -258.1 | 266.7 | -32.5 | -69.8 | 37.3 | -14.8 | -10.8 | -4.0 | |||
FINANCIAL DERIVATIVES (NET) | 23.4 | -24.7 | -4.3 | 2.4 | |||||||||||
OTHER INVESTMENT | -159.9 | -160.7 | 0.8 | -0.4 | -41.8 | 41.4 | 17.9 | -27.4 | 45.4 | 11.9 | 7.8 | 4.1 | |||
Eurosystem | 10.0 | -12.4 | 22.4 | 64.9 | 10.9 | 54.0 | -34.8 | 0.9 | -35.7 | 1.1 | 0.1 | 1.0 | |||
General government | 51.2 | -33.6 | 84.8 | 58.1 | -0.8 | 59.0 | 3.0 | 0.6 | 2.4 | 4.7 | -0.8 | 5.5 | |||
of which: currency and deposits | 0.7 | 0.7 | -9.1 | -9.1 | -0.0 | -0.0 | -0.7 | -0.7 | |||||||
MFIs (excluding the Eurosystem) | -201.0 | -29.6 | -171.4 | -74.0 | 58.2 | -132.2 | 69.7 | -15.3 | 85.1 | -2.4 | -5.3 | 2.9 | |||
Long-term | 51.1 | 21.4 | 29.6 | -43.4 | -11.1 | -32.2 | -9.4 | -8.2 | -1.2 | -18.0 | -6.6 | -11.5 | |||
Short-term | -252.1 | -51.0 | -201.0 | -30.6 | 69.3 | -100.0 | 79.1 | -7.2 | 86.3 | 15.6 | 1.2 | 14.4 | |||
Other sectors | -20.1 | -85.0 | 64.9 | -49.5 | -110.1 | 60.6 | -20.1 | -13.6 | -6.5 | 8.5 | 13.8 | -5.3 | |||
of which: currency and deposits | -46.0 | -46.0 | -42.7 | -42.7 | -6.5 | -6.5 | 3.3 | 3.3 | |||||||
RESERVE ASSETS | -11.4 | -11.4 | -8.7 | -8.7 | 1.1 | 1.1 | -2.9 | -2.9 | |||||||
Errors and omissions | 28.8 | -3.4 | 8.7 | 1.5 |