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 | May 2010 (revised) | June 2010 | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
June 2009 | June 2010 | ||||||||||||||
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 | -131.2 | 2,473.2 | 2,604.4 | -46.6 | 2,355.0 | 2,401.6 | -17.9 | 203.7 | 221.6 | 1.0 | 223.7 | 222.7 | |||
Goods | -9.6 | 1,401.3 | 1,410.9 | 46.0 | 1,407.8 | 1,361.8 | 0.4 | 124.6 | 124.1 | 5.6 | 140.3 | 134.7 | |||
Services | 29.9 | 494.5 | 464.6 | 35.5 | 476.4 | 441.0 | 3.9 | 40.0 | 36.2 | 3.8 | 43.4 | 39.6 | |||
Income | -54.7 | 489.8 | 544.5 | -33.0 | 386.6 | 419.6 | -16.9 | 31.5 | 48.4 | -3.9 | 34.6 | 38.5 | |||
Current transfers | -96.7 | 87.6 | 184.3 | -95.0 | 84.1 | 179.2 | -5.4 | 7.6 | 13.0 | -4.6 | 5.4 | 9.9 | |||
CAPITAL ACCOUNT | 6.9 | 19.3 | 12.4 | 6.9 | 19.2 | 12.3 | 2.0 | 2.7 | 0.8 | -0.0 | 0.8 | 0.8 | |||
Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
FINANCIALACCOUNT1) | 157.3 | 29.6 | 16.3 | -1.0 | |||||||||||
DIRECTINVESTMENT2) | -158.5 | -339.1 | 180.6 | -80.6 | -179.0 | 98.4 | -12.4 | -13.9 | 1.6 | -7.2 | -8.7 | 1.5 | |||
Equity capital and reinvested earnings | -51.0 | -225.4 | 174.9 | 67.5 | -100.6 | 168.1 | -1.6 | -3.3 | 1.7 | 3.3 | 1.5 | 1.8 | |||
Other capital (mostly inter-company loans) | -108.4 | -113.7 | 5.7 | -148.1 | -78.4 | -69.7 | -10.7 | -10.6 | -0.2 | -10.5 | -10.2 | -0.3 | |||
PORTFOLIO INVESTMENT | 443.1 | 245.2 | 197.9 | 254.3 | -135.8 | 390.1 | 64.4 | 12.3 | 52.1 | 3.2 | 11.7 | -8.5 | |||
Equity | -43.7 | 129.5 | -173.2 | 45.4 | -102.3 | 147.7 | 19.7 | 15.6 | 4.1 | 15.9 | -3.0 | 18.9 | |||
Debt instruments | 486.8 | 115.6 | 371.2 | 208.9 | -33.4 | 242.3 | 44.7 | -3.2 | 47.9 | -12.7 | 14.7 | -27.4 | |||
Bonds and notes | 195.5 | 68.6 | 126.9 | 61.7 | -107.2 | 168.9 | 40.5 | 1.1 | 39.4 | 4.7 | 5.2 | -0.5 | |||
Money market instruments | 291.3 | 47.0 | 244.3 | 147.2 | 73.8 | 73.4 | 4.3 | -4.3 | 8.6 | -17.4 | 9.5 | -26.9 | |||
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 284.6 | -93.9 | 378.6 | 173.7 | -314.8 | 488.5 | 52.1 | -1.6 | 53.6 | -4.0 | 2.9 | -7.0 | |||
FINANCIAL DERIVATIVES (NET) | 18.9 | 4.4 | -2.5 | 1.3 | |||||||||||
OTHER INVESTMENT | -152.1 | 506.7 | -658.8 | -145.1 | -13.1 | -132.0 | -33.1 | -92.7 | 59.5 | 0.6 | 147.8 | -147.2 | |||
Eurosystem | 57.9 | 10.0 | 47.8 | -51.1 | 11.5 | -62.6 | 13.4 | 3.9 | 9.6 | -11.6 | 0.5 | -12.1 | |||
General government | 12.2 | 4.5 | 7.6 | 5.6 | -5.3 | 10.9 | 6.4 | -0.5 | 7.0 | -0.1 | -0.5 | 0.3 | |||
of which: currency and deposits | 5.7 | 5.7 | 0.9 | 0.9 | -0.6 | -0.6 | -0.2 | -0.2 | |||||||
MFIs (excluding the Eurosystem) | -139.0 | 488.4 | -627.4 | -49.7 | 32.3 | -82.0 | -36.0 | -74.4 | 38.4 | -5.7 | 142.2 | -147.9 | |||
Long-term | -173.7 | -93.0 | -80.7 | 56.1 | 32.1 | 24.0 | -12.8 | -14.2 | 1.4 | 30.0 | 20.9 | 9.1 | |||
Short-term | 34.7 | 581.4 | -546.7 | -105.8 | 0.2 | -106.1 | -23.2 | -60.1 | 36.9 | -35.7 | 121.3 | -157.0 | |||
Other sectors | -83.2 | 3.7 | -86.9 | -49.8 | -51.5 | 1.7 | -17.0 | -21.6 | 4.6 | 18.0 | 5.6 | 12.4 | |||
of which: currency and deposits | 15.0 | 15.0 | -2.6 | -2.6 | -12.1 | -12.1 | 8.9 | 8.9 | |||||||
RESERVE ASSETS | 5.9 | 5.9 | -3.4 | -3.4 | -0.1 | -0.1 | 1.2 | 1.2 | |||||||
Errors and omissions | -33.1 | 10.1 | -0.3 | -0.0 |