Table 1: Current account of the Euro area
(EUR billions, unless otherwise indicated; transactions during the period; non working day and non seasonally adjusted)
Cumulated figures for the four-quarter period ending in | Q1 2014 | Q1 2015 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Q4 2014 | Q1 2015 | |||||||||||
Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | |
Current account | 206.8 | 3,330.7 | 3,123.9 | 238.2 | 3,368.6 | 3,130.3 | 23.0 | 795.4 | 772.3 | 54.5 | 833.3 | 778.8 |
Percentage of GDP | 2.0 | 33.0 | 30.9 | 2.3 | 33.2 | 30.8 | - | - | - | - | - | - |
Goods | 248.3 | 1,964.8 | 1,716.5 | 270.5 | 1,989.4 | 1,718.9 | 44.9 | 471.5 | 426.5 | 67.2 | 496.0 | 428.9 |
of which: General merchandise |
238.6 | 1,914.9 | 1,676.3 | 258.7 | 1,937.4 | 1,678.7 | 43.8 | 460.0 | 416.2 | 64.0 | 482.6 | 418.6 |
Services | 67.6 | 693.2 | 625.7 | 64.9 | 705.4 | 640.5 | 12.5 | 154.8 | 142.3 | 9.8 | 166.9 | 157.1 |
Transport | 6.4 | 128.3 | 122.0 | 6.8 | 130.0 | 123.1 | 0.4 | 29.9 | 29.6 | 0.8 | 31.6 | 30.8 |
Travel | 18.0 | 117.1 | 99.0 | 17.2 | 117.5 | 100.3 | 2.0 | 20.8 | 18.9 | 1.1 | 21.3 | 20.2 |
Insurance pension and financial services |
15.0 | 78.5 | 63.6 | 14.8 | 80.2 | 65.4 | 3.4 | 18.8 | 15.3 | 3.3 | 20.4 | 17.2 |
Telecommunication, computer and information services |
46.3 | 88.0 | 41.7 | 48.4 | 90.9 | 42.5 | 10.0 | 20.0 | 10.0 | 12.0 | 22.8 | 10.8 |
Other business services |
-0.9 | 181.4 | 182.3 | -1.2 | 185.9 | 187.1 | 0.7 | 41.8 | 41.1 | 0.4 | 46.3 | 45.9 |
Other | -17.2 | 99.8 | 117.1 | -21.0 | 100.8 | 121.9 | -4.0 | 23.4 | 27.4 | -7.9 | 24.4 | 32.2 |
Primary income | 30.2 | 578.3 | 548.1 | 42.3 | 577.7 | 535.4 | 15.8 | 147.4 | 131.6 | 28.0 | 146.9 | 118.9 |
Compensation of empoyees |
18.7 | 33.0 | 14.3 | 19.2 | 33.6 | 14.4 | 5.3 | 8.1 | 2.8 | 5.9 | 8.7 | 2.9 |
Investment income | -11.4 | 505.5 | 516.9 | -1.6 | 502.2 | 503.7 | 0.9 | 125.9 | 124.9 | 10.8 | 122.5 | 111.8 |
Direct investment |
60.5 | 295.4 | 234.8 | 68.0 | 287.3 | 219.3 | 13.6 | 77.0 | 63.4 | 21.0 | 68.9 | 47.9 |
of which: Reinvested earnings |
-31.7 | 15.4 | 47.1 | -43.4 | 8.1 | 51.4 | -2.3 | 15.4 | 17.7 | -13.9 | 8.1 | 22.0 |
Portfolio investment |
-70.9 | 163.6 | 234.4 | -70.3 | 168.1 | 238.4 | -11.5 | 37.4 | 48.9 | -10.9 | 41.9 | 52.8 |
Dividends | 2.1 | 55.4 | 53.3 | 2.9 | 57.7 | 54.7 | 5.9 | 11.5 | 5.6 | 6.8 | 13.8 | 7.0 |
Income on investment fund shares |
-72.6 | 5.0 | 77.6 | -74.7 | 4.9 | 79.7 | -15.8 | 1.1 | 16.9 | -17.9 | 1.0 | 18.9 |
Interest | -0.3 | 103.2 | 103.5 | 1.5 | 105.5 | 104.0 | -1.6 | 24.8 | 26.4 | 0.2 | 27.1 | 26.9 |
Other investment |
-4.0 | 43.6 | 47.6 | -2.3 | 43.7 | 46.0 | -1.9 | 10.7 | 12.6 | -0.2 | 10.9 | 11.1 |
of which: interest | -3.0 | 40.4 | 43.4 | -1.3 | 40.5 | 41.8 | -1.5 | 10.1 | 11.6 | 0.2 | 10.2 | 10.0 |
Reserve assets |
2.9 | 3.0 | 0.8 | 0.8 | ||||||||
Other primary income |
22.9 | 39.8 | 17.0 | 24.7 | 42.0 | 17.3 | 9.5 | 13.5 | 3.9 | 11.3 | 15.6 | 4.3 |
Secondary income | -139.2 | 94.4 | 233.6 | -139.5 | 96.1 | 235.6 | -50.2 | 21.8 | 71.9 | -50.5 | 23.4 | 73.9 |
Cumulated figures for the four-quarter period ending in | Q1 2014 | Q1 2015 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Q4 2014 | Q1 2015 | |||||||||||
Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | |
Current account | 206.8 | 3,330.7 | 3,123.9 | 238.2 | 3,368.6 | 3,130.3 | 23.0 | 795.4 | 772.3 | 54.5 | 833.3 | 778.8 |
Percentage of GDP | 2.0 | 33.0 | 30.9 | 2.3 | 33.2 | 30.8 | - | - | - | - | - | - |
Goods | 248.3 | 1,964.8 | 1,716.5 | 270.5 | 1,989.4 | 1,718.9 | 44.9 | 471.5 | 426.5 | 67.2 | 496.0 | 428.9 |
of which: General merchandise |
238.6 | 1,914.9 | 1,676.3 | 258.7 | 1,937.4 | 1,678.7 | 43.8 | 460.0 | 416.2 | 64.0 | 482.6 | 418.6 |
Services | 67.6 | 693.2 | 625.7 | 64.9 | 705.4 | 640.5 | 12.5 | 154.8 | 142.3 | 9.8 | 166.9 | 157.1 |
Transport | 6.4 | 128.3 | 122.0 | 6.8 | 130.0 | 123.1 | 0.4 | 29.9 | 29.6 | 0.8 | 31.6 | 30.8 |
Travel | 18.0 | 117.1 | 99.0 | 17.2 | 117.5 | 100.3 | 2.0 | 20.8 | 18.9 | 1.1 | 21.3 | 20.2 |
Insurance pension and financial services |
15.0 | 78.5 | 63.6 | 14.8 | 80.2 | 65.4 | 3.4 | 18.8 | 15.3 | 3.3 | 20.4 | 17.2 |
Telecommunication, computer and information services |
46.3 | 88.0 | 41.7 | 48.4 | 90.9 | 42.5 | 10.0 | 20.0 | 10.0 | 12.0 | 22.8 | 10.8 |
Other business services |
-0.9 | 181.4 | 182.3 | -1.2 | 185.9 | 187.1 | 0.7 | 41.8 | 41.1 | 0.4 | 46.3 | 45.9 |
Other | -17.2 | 99.8 | 117.1 | -21.0 | 100.8 | 121.9 | -4.0 | 23.4 | 27.4 | -7.9 | 24.4 | 32.2 |
Primary income | 30.2 | 578.3 | 548.1 | 42.3 | 577.7 | 535.4 | 15.8 | 147.4 | 131.6 | 28.0 | 146.9 | 118.9 |
Compensation of empoyees |
18.7 | 33.0 | 14.3 | 19.2 | 33.6 | 14.4 | 5.3 | 8.1 | 2.8 | 5.9 | 8.7 | 2.9 |
Investment income | -11.4 | 505.5 | 516.9 | -1.6 | 502.2 | 503.7 | 0.9 | 125.9 | 124.9 | 10.8 | 122.5 | 111.8 |
Direct investment |
60.5 | 295.4 | 234.8 | 68.0 | 287.3 | 219.3 | 13.6 | 77.0 | 63.4 | 21.0 | 68.9 | 47.9 |
of which: Reinvested earnings |
-31.7 | 15.4 | 47.1 | -43.4 | 8.1 | 51.4 | -2.3 | 15.4 | 17.7 | -13.9 | 8.1 | 22.0 |
Portfolio investment |
-70.9 | 163.6 | 234.4 | -70.3 | 168.1 | 238.4 | -11.5 | 37.4 | 48.9 | -10.9 | 41.9 | 52.8 |
Dividends | 2.1 | 55.4 | 53.3 | 2.9 | 57.7 | 54.7 | 5.9 | 11.5 | 5.6 | 6.8 | 13.8 | 7.0 |
Income on investment fund shares |
-72.6 | 5.0 | 77.6 | -74.7 | 4.9 | 79.7 | -15.8 | 1.1 | 16.9 | -17.9 | 1.0 | 18.9 |
Interest | -0.3 | 103.2 | 103.5 | 1.5 | 105.5 | 104.0 | -1.6 | 24.8 | 26.4 | 0.2 | 27.1 | 26.9 |
Other investment |
-4.0 | 43.6 | 47.6 | -2.3 | 43.7 | 46.0 | -1.9 | 10.7 | 12.6 | -0.2 | 10.9 | 11.1 |
of which: interest | -3.0 | 40.4 | 43.4 | -1.3 | 40.5 | 41.8 | -1.5 | 10.1 | 11.6 | 0.2 | 10.2 | 10.0 |
Reserve assets |
2.9 | 3.0 | 0.8 | 0.8 | ||||||||
Other primary income |
22.9 | 39.8 | 17.0 | 24.7 | 42.0 | 17.3 | 9.5 | 13.5 | 3.9 | 11.3 | 15.6 | 4.3 |
Secondary income | -139.2 | 94.4 | 233.6 | -139.5 | 96.1 | 235.6 | -50.2 | 21.8 | 71.9 | -50.5 | 23.4 | 73.9 |