Table 4: Revisions to the euro area's balance of payments and international investment position
(EUR billions; changes relative to previously published data)
| 2010 | 2011 | 2012 | ||||
|---|---|---|---|---|---|---|
| Transactions | ||||||
| Source: ECB. | ||||||
| Current account | 1.8 | -6.7 | 3.6 | |||
| Credit | -4.3 | 33.0 | 28.9 | |||
| Debit | -6.1 | 39.7 | 25.2 | |||
| Goods | -1.6 | -4.5 | -4.0 | |||
| Credit (exports) | -0.8 | 1.2 | 1.2 | |||
| Debit (imports) | 0.9 | 5.6 | 5.2 | |||
| Services | 3.9 | -0.4 | -3.5 | |||
| Credit (exports) | 0.4 | 2.8 | 0.6 | |||
| Debit (imports) | -3.5 | 3.2 | 4.1 | |||
| Income | -0.9 | -2.7 | 10.7 | |||
| Credit | -5.0 | 28.7 | 27.9 | |||
| Debit | -4.1 | 31.4 | 17.1 | |||
| Current transfers | 0.4 | 0.9 | 0.4 | |||
| Credit | 1.1 | 0.3 | -0.8 | |||
| Debit | 0.7 | -0.6 | -1.2 | |||
| Capital account | -0.2 | -0.2 | -10.1 | |||
| Credit | -0.2 | -0.1 | -0.2 | |||
| Debit | 0.0 | 0.0 | 9.8 | |||
| Financial account balance | -3.1 | -1.5 | 5.9 | |||
| Direct investment | 9.7 | 32.9 | 60.5 | |||
| Abroad | 9.8 | -77.0 | -61.5 | |||
| In the euro area | -0.1 | 109.9 | 122.0 | |||
| Portfolio investment | -10.3 | -21.4 | -18.0 | |||
| Assets | 3.3 | -2.7 | -2.2 | |||
| Liabilities | -13.6 | -18.8 | -15.8 | |||
| Financial derivatives | -8.0 | -0.0 | -14.4 | |||
| Other investment | 5.5 | -12.8 | -22.5 | |||
| Assets | 6.1 | -7.3 | -14.2 | |||
| Liabilities | -0.6 | -5.5 | -8.2 | |||
| Reserve assets | -0.1 | 0.2 | ||||
| Errors and omissions | 1.5 | 8.4 | 0.6 | |||
| Outstanding amounts | ||||||
| Net international investment position | -28.1 | -145.8 | -23.4 | |||
| Direct investment | 0.6 | 121.0 | 28.2 | |||
| Portfolio investment | -8.8 | -104.9 | -60.8 | |||
| Financial derivatives | 1.5 | -5.4 | 2.0 | |||
| Other investment | -24.7 | -160.2 | 7.2 | |||
| Reserve assets | 3.4 | 3.7 | ||||