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 | September 2013 (revised) | October 2013 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
October 2012 | October 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 | 104.5 | 3,175.4 | 3,070.9 | 205.7 | 3,185.0 | 2,979.3 | 15.2 | 267.6 | 252.4 | 26.2 | 277.4 | 251.1 | |||
Goods | 83.8 | 1,917.6 | 1,833.8 | 168.6 | 1,930.1 | 1,761.5 | 13.7 | 162.1 | 148.4 | 19.6 | 176.5 | 156.9 | |||
Services | 87.6 | 622.1 | 534.5 | 100.7 | 644.9 | 544.3 | 10.7 | 58.3 | 47.6 | 9.2 | 56.3 | 47.1 | |||
Income | 45.2 | 539.4 | 494.2 | 55.9 | 510.9 | 455.0 | 1.8 | 41.2 | 39.4 | 6.1 | 38.5 | 32.4 | |||
Current transfers | -112.1 | 96.3 | 208.4 | -119.5 | 99.1 | 218.6 | -11.0 | 6.0 | 17.0 | -8.7 | 6.1 | 14.8 | |||
CAPITAL ACCOUNT | 5.4 | 30.2 | 24.8 | 17.5 | 29.6 | 12.1 | 0.5 | 1.1 | 0.6 | 2.3 | 2.8 | 0.6 | |||
Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
FINANCIALACCOUNT1) | -94.6 | -240.6 | -17.0 | -25.6 | |||||||||||
DIRECTINVESTMENT2) | -15.5 | -416.4 | 400.9 | -68.2 | -242.8 | 174.6 | -6.5 | -16.0 | 9.5 | -1.9 | -24.1 | 22.2 | |||
Equity capital and reinvested earnings | 2.0 | -272.0 | 274.0 | 6.8 | -143.8 | 150.6 | -8.6 | -19.0 | 10.3 | -5.1 | -21.5 | 16.4 | |||
Other capital (mostly inter-company loans) | -17.4 | -144.4 | 127.0 | -75.1 | -99.1 | 24.0 | 2.2 | 3.0 | -0.8 | 3.2 | -2.6 | 5.8 | |||
PORTFOLIO INVESTMENT | 19.8 | -86.9 | 106.7 | 73.0 | -272.3 | 345.2 | -2.1 | -36.7 | 34.5 | -4.8 | -6.8 | 2.0 | |||
Equity | 129.9 | 16.7 | 113.1 | 66.1 | -165.3 | 231.4 | -21.1 | -25.9 | 4.8 | 1.3 | -9.4 | 10.7 | |||
Debt instruments | -110.1 | -103.7 | -6.4 | 6.9 | -107.0 | 113.9 | 19.0 | -10.8 | 29.8 | -6.1 | 2.7 | -8.8 | |||
Bonds and notes | -14.8 | -76.0 | 61.3 | -48.1 | -96.6 | 48.5 | 4.9 | -8.3 | 13.2 | 11.4 | -0.5 | 11.9 | |||
Money market instruments | -95.3 | -27.6 | -67.7 | 55.0 | -10.4 | 65.4 | 14.1 | -2.5 | 16.6 | -17.5 | 3.2 | -20.7 | |||
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 4.3 | -503.3 | 507.6 | 4.8 | -515.1 | 519.9 | -8.6 | -52.7 | 44.0 | -6.7 | -30.8 | 24.2 | |||
FINANCIAL DERIVATIVES (NET) | -21.5 | 38.9 | 3.4 | 2.9 | |||||||||||
OTHER INVESTMENT | -58.0 | -26.3 | -31.7 | -281.0 | 162.2 | -443.2 | -10.6 | 41.5 | -52.1 | -22.6 | -57.0 | 34.4 | |||
Eurosystem | 109.4 | 0.7 | 108.6 | -44.6 | 15.2 | -59.8 | -9.0 | -5.1 | -3.8 | -2.5 | 4.6 | -7.1 | |||
General government | 10.3 | -7.7 | 18.0 | -3.8 | 6.7 | -10.5 | 2.0 | -0.3 | 2.2 | -5.5 | -1.7 | -3.8 | |||
of which: currency and deposits | 0.5 | 0.5 | -0.2 | -0.2 | -0.3 | -0.3 | -2.1 | -2.1 | |||||||
MFIs (excluding the Eurosystem) | -143.1 | 79.6 | -222.6 | -245.7 | 102.2 | -347.9 | 1.1 | 50.9 | -49.9 | -23.8 | -76.7 | 52.9 | |||
Long-term | -16.4 | 6.6 | -23.0 | 36.7 | 102.0 | -65.3 | 0.9 | 5.6 | -4.7 | -2.6 | 3.3 | -5.9 | |||
Short-term | -126.7 | 73.0 | -199.6 | -282.4 | 0.2 | -282.6 | 0.2 | 45.3 | -45.2 | -21.2 | -80.0 | 58.8 | |||
Other sectors | -34.7 | -98.9 | 64.2 | 13.2 | 38.1 | -24.9 | -4.7 | -4.0 | -0.6 | 9.1 | 16.7 | -7.6 | |||
of which: currency and deposits | -34.0 | -34.0 | -26.2 | -26.2 | -4.8 | -4.8 | 2.0 | 2.0 | |||||||
RESERVE ASSETS | -19.4 | -19.4 | -3.4 | -3.4 | -1.2 | -1.2 | 0.9 | 0.9 | |||||||
Errors and omissions | -15.3 | 17.5 | 1.2 | -2.9 |