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 | March 2014 (revised) | April 2014 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| April 2013 | April 2014 | ||||||||||||||
| 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 | 173.5 | 3,241.3 | 3,067.9 | 244.5 | 3,251.5 | 3,007.0 | 21.6 | 272.5 | 250.9 | 18.7 | 266.8 | 248.1 | |||
| Goods | 125.5 | 1,935.9 | 1,810.4 | 171.2 | 1,937.6 | 1,766.4 | 19.3 | 167.1 | 147.8 | 15.7 | 161.6 | 146.0 | |||
| Services | 97.3 | 641.5 | 544.2 | 120.6 | 672.6 | 552.0 | 7.4 | 53.0 | 45.5 | 9.4 | 53.4 | 44.0 | |||
| Income | 62.7 | 564.7 | 502.0 | 72.2 | 541.0 | 468.8 | 7.6 | 45.9 | 38.4 | 4.4 | 45.9 | 41.4 | |||
| Current transfers | -112.1 | 99.3 | 211.3 | -119.4 | 100.4 | 219.8 | -12.6 | 6.5 | 19.2 | -10.8 | 5.9 | 16.7 | |||
| CAPITAL ACCOUNT | 16.9 | 32.9 | 16.0 | 23.0 | 33.7 | 10.7 | 1.9 | 3.0 | 1.1 | 1.2 | 2.1 | 0.9 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | -220.6 | -262.5 | -23.2 | -20.8 | |||||||||||
| DIRECTINVESTMENT2) | -96.7 | -342.3 | 245.6 | -11.7 | -242.2 | 230.5 | -22.7 | -0.3 | -22.4 | -18.6 | -15.3 | -3.3 | |||
| Equity capital and reinvested earnings | -22.9 | -235.3 | 212.6 | 19.2 | -210.5 | 230.1 | -15.7 | 6.9 | -22.6 | -5.6 | -7.3 | 1.8 | |||
| Other capital (mostly inter-company loans) | -74.2 | -106.9 | 32.9 | -31.3 | -31.7 | 0.4 | -7.0 | -7.2 | 0.2 | -13.0 | -8.0 | -5.0 | |||
| PORTFOLIO INVESTMENT | 161.4 | -242.1 | 403.5 | 66.8 | -219.1 | 285.9 | -0.5 | -13.6 | 13.1 | -88.4 | -74.9 | -13.5 | |||
| Equity | 99.4 | -120.1 | 219.5 | 117.0 | -122.5 | 239.5 | 31.5 | -6.1 | 37.6 | -10.3 | -33.1 | 22.8 | |||
| Debt instruments | 61.9 | -122.1 | 184.0 | -50.2 | -96.5 | 46.4 | -32.0 | -7.5 | -24.5 | -78.1 | -41.8 | -36.2 | |||
| Bonds and notes | 20.8 | -142.8 | 163.6 | 3.7 | -80.0 | 83.7 | -30.6 | -13.6 | -17.0 | -31.3 | -29.8 | -1.5 | |||
| Money market instruments | 41.1 | 20.7 | 20.4 | -53.9 | -16.5 | -37.3 | -1.4 | 6.0 | -7.5 | -46.7 | -12.0 | -34.7 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 64.6 | -584.4 | 649.1 | 55.1 | -461.3 | 516.4 | -23.2 | -13.9 | -9.3 | -107.0 | -90.2 | -16.8 | |||
| FINANCIAL DERIVATIVES (NET) | 14.1 | 19.8 | -1.3 | 2.9 | |||||||||||
| OTHER INVESTMENT | -289.7 | 7.5 | -297.2 | -330.5 | -15.8 | -314.7 | 1.7 | 23.0 | -21.4 | 83.5 | -44.6 | 128.1 | |||
| Eurosystem | 64.6 | 6.1 | 58.5 | -66.3 | 10.9 | -77.1 | -6.9 | 3.5 | -10.4 | -3.9 | -5.6 | 1.8 | |||
| General government | -21.6 | -7.7 | -13.9 | 3.5 | 3.5 | 0.0 | -1.0 | -1.1 | 0.1 | 1.6 | 2.1 | -0.4 | |||
| of which: currency and deposits | -0.8 | -0.8 | -4.6 | -4.6 | -1.3 | -1.3 | 1.6 | 1.6 | |||||||
| MFIs (excluding the Eurosystem) | -286.1 | 84.6 | -370.7 | -269.6 | -65.7 | -203.9 | 3.0 | 20.5 | -17.6 | 44.9 | -48.8 | 93.7 | |||
| Long-term | 19.9 | 38.8 | -18.9 | 28.1 | 109.2 | -81.1 | -11.5 | -7.0 | -4.4 | 0.3 | 0.9 | -0.6 | |||
| Short-term | -306.0 | 45.8 | -351.8 | -297.7 | -174.9 | -122.8 | 14.4 | 27.6 | -13.1 | 44.6 | -49.7 | 94.3 | |||
| Other sectors | -46.7 | -75.6 | 28.9 | 1.8 | 35.6 | -33.7 | 6.6 | 0.1 | 6.5 | 40.9 | 7.8 | 33.1 | |||
| of which: currency and deposits | -24.8 | -24.8 | 11.6 | 11.6 | -10.5 | -10.5 | 4.6 | 4.6 | |||||||
| RESERVE ASSETS | -9.6 | -9.6 | -6.9 | -6.9 | -0.3 | -0.3 | -0.3 | -0.3 | |||||||
| Errors and omissions | 30.2 | -5.0 | -0.3 | 0.9 | |||||||||||