Table 3: Quarterly international investment position of the euro area
(EUR billions, unless otherwise indicated; outstanding amounts at end of period, transactions during period)
Q1 2013 | Q2 2013 (revised) | Q3 2013 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
End-of-periodoutstandingamounts | Transactions1) | Other changes | End-of-periodoutstandingamounts | Transactions1) | Other changes | End-of-period outstandingamounts | |||||||||
as % ofpreviousend-periodoutstandingamounts | as % ofpreviousend-periodoutstandingamounts | as % of GDP | |||||||||||||
Source: ECB. | |||||||||||||||
( 1 ) In this table, contrary to the balance of payments sign convention, a positive (negative) number indicates an increase (decrease) of euro area assets. | |||||||||||||||
Financial account balance/Net international investment position | -1,173.0 | 58.8 | - | -194.1 | -1,308.3 | 58.3 | - | -24.8 | -1,274.8 | -13.4 | |||||
Direct investment | 1,456.1 | 55.6 | - | 0.8 | 1,512.5 | 27.8 | - | -67.9 | 1,472.4 | 15.4 | |||||
Abroad | 5,957.5 | 62.0 | 1.0 | 126.2 | 6,145.7 | 31.8 | 0.5 | -108.3 | 6,069.2 | 63.6 | |||||
Equity/reinvested earnings | 4,424.3 | 4.1 | 0.1 | 104.1 | 4,532.6 | 44.3 | 1.0 | -90.5 | 4,486.3 | 47.0 | |||||
Other capital | 1,533.2 | 57.9 | 3.8 | 22.1 | 1,613.2 | -12.4 | -0.8 | -17.8 | 1,582.9 | 16.6 | |||||
In the euro area | 4,501.4 | 6.4 | 0.1 | 125.4 | 4,633.2 | 4.0 | 0.1 | -40.4 | 4,596.8 | 48.2 | |||||
Equity/reinvested earnings | 3,186.0 | -38.6 | -1.2 | 67.6 | 3,215.0 | 10.4 | 0.3 | -27.1 | 3,198.3 | 33.5 | |||||
Other capital | 1,315.5 | 44.9 | 3.4 | 57.8 | 1,418.2 | -6.3 | -0.4 | -13.4 | 1,398.6 | 14.7 | |||||
Portfolio investment | -3,086.6 | -67.1 | - | -29.5 | -3,183.2 | -3.9 | - | -25.6 | -3,212.7 | -33.7 | |||||
Assets | 5,535.1 | 21.8 | 0.4 | -188.2 | 5,368.7 | 63.4 | 1.2 | 31.4 | 5,463.5 | 57.3 | |||||
Equity securities | 2,145.1 | 13.9 | 0.6 | -85.1 | 2,073.9 | 42.9 | 2.1 | 54.8 | 2,171.6 | 22.8 | |||||
Debt securities | 3,390.0 | 7.9 | 0.2 | -103.2 | 3,294.8 | 20.5 | 0.6 | -23.4 | 3,291.9 | 34.5 | |||||
Bonds and notes | 2,915.7 | 8.8 | 0.3 | -100.0 | 2,824.5 | 18.3 | 0.6 | -16.8 | 2,826.0 | 29.6 | |||||
Money market instruments | 474.3 | -0.9 | -0.2 | -3.1 | 470.3 | 2.2 | 0.5 | -6.6 | 465.9 | 4.9 | |||||
Liabilities | 8,621.7 | 88.9 | 1.0 | -158.7 | 8,551.9 | 67.3 | 0.8 | 57.1 | 8,676.2 | 90.9 | |||||
Equity securities | 3,622.4 | 83.9 | 2.3 | -102.3 | 3,603.9 | 45.4 | 1.3 | 107.1 | 3,756.4 | 39.4 | |||||
Debt securities | 4,999.3 | 5.1 | 0.1 | -56.4 | 4,948.0 | 21.9 | 0.4 | -50.0 | 4,919.8 | 51.6 | |||||
Bonds and notes | 4,498.1 | 5.3 | 0.1 | -47.3 | 4,456.1 | -17.1 | -0.4 | -40.1 | 4,398.8 | 46.1 | |||||
Money market instruments | 501.2 | -0.2 | -0.0 | -9.1 | 492.0 | 39.0 | 7.9 | -9.9 | 521.0 | 5.5 | |||||
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | -1,630.5 | -11.5 | - | -28.7 | -1,670.7 | 23.9 | - | -93.5 | -1,740.3 | -18.2 | |||||
Financial derivatives | -28.0 | 0.6 | - | -20.1 | -47.5 | -5.6 | - | 12.7 | -40.5 | -0.4 | |||||
Other investment | -202.3 | 68.5 | - | -20.7 | -154.5 | 37.1 | - | 36.5 | -80.8 | -0.8 | |||||
Assets | 4,932.6 | -58.2 | -1.2 | -19.2 | 4,855.2 | -108.9 | -2.2 | -7.4 | 4,739.0 | 49.7 | |||||
Eurosystem | 33.1 | -10.9 | -33.0 | -4.3 | 17.9 | 6.3 | 35.0 | 0.5 | 24.6 | 0.3 | |||||
General government | 155.0 | -4.6 | -3.0 | 0.7 | 151.2 | -1.8 | -1.2 | -0.8 | 148.7 | 1.6 | |||||
MFIs excluding Eurosystem | 2,954.5 | 11.9 | 0.4 | -26.4 | 2,940.0 | -72.0 | -2.4 | -20.8 | 2,847.2 | 29.8 | |||||
Other sectors | 1,790.0 | -54.6 | -3.1 | 10.8 | 1,746.2 | -41.4 | -2.4 | 13.7 | 1,718.5 | 18.0 | |||||
Liabilities | 5,134.9 | -126.8 | -2.5 | 1.5 | 5,009.7 | -146.0 | -2.9 | -43.9 | 4,819.8 | 50.5 | |||||
Eurosystem | 398.6 | -21.5 | -5.4 | -1.9 | 375.2 | -10.3 | -2.7 | -3.3 | 361.7 | 3.8 | |||||
General government | 224.3 | -0.3 | -0.1 | -0.9 | 223.1 | 4.5 | 2.0 | -1.6 | 226.0 | 2.4 | |||||
MFIs excluding Eurosystem | 2,976.9 | -93.7 | -3.1 | -28.9 | 2,854.3 | -107.5 | -3.8 | -16.0 | 2,730.8 | 28.6 | |||||
Other sectors | 1,535.0 | -11.3 | -0.7 | 33.2 | 1,557.0 | -32.7 | -2.1 | -23.0 | 1,501.4 | 15.7 | |||||
Reserve assets | 687.8 | 1.2 | 0.2 | -124.7 | 564.3 | 2.9 | 0.5 | 19.6 | 586.8 | 6.2 | |||||
MEMO ITEM: GROSS EXTERNAL DEBT | 12,254.2 | - | - | - | 12,208.7 | - | - | - | 11,964.4 | 125.4 |