Table 2: Monthly balance of payments of the euro area
(EUR billions; transactions; non−seasonally adjusted data)
| Cumulated figures for the 12-month period ending | August 2009 (revised) | September 2009 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| September 2008 | September 2009 | ||||||||||||||
| 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 | -105.5 | 2,778.3 | 2,883.8 | -88.5 | 2,360.4 | 2,448.8 | -3.5 | 173.4 | 176.9 | -5.0 | 192.2 | 197.2 | |||
| Goods | -1.3 | 1,598.7 | 1,599.9 | 16.6 | 1,322.9 | 1,306.3 | -1.0 | 93.7 | 94.8 | 2.1 | 112.2 | 110.1 | |||
| Services | 44.3 | 510.5 | 466.2 | 25.6 | 474.9 | 449.3 | 3.2 | 41.0 | 37.8 | 3.0 | 41.1 | 38.1 | |||
| Income | -54.7 | 580.2 | 634.9 | -39.9 | 475.6 | 515.5 | 2.0 | 33.8 | 31.7 | -2.8 | 34.5 | 37.3 | |||
| Current transfers | -93.8 | 88.9 | 182.7 | -90.7 | 87.0 | 177.7 | -7.7 | 4.9 | 12.6 | -7.3 | 4.4 | 11.7 | |||
| CAPITAL ACCOUNT | 3.8 | 27.5 | 23.8 | 6.8 | 18.0 | 11.2 | 0.7 | 1.4 | 0.7 | 0.1 | 1.0 | 0.9 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | 127.4 | 102.3 | -5.5 | 10.1 | |||||||||||
| DIRECTINVESTMENT2) | -103.4 | -412.0 | 308.6 | -134.9 | -296.6 | 161.7 | 2.8 | -16.7 | 19.5 | -25.7 | -30.6 | 4.9 | |||
| Equity capital and reinvested earnings | -89.8 | -271.5 | 182.2 | -11.9 | -178.7 | 167.3 | 1.9 | -11.7 | 13.7 | -2.6 | -7.0 | 4.4 | |||
| Other capital (mostly inter-company loans) | -13.7 | -140.5 | 126.4 | -123.8 | -117.9 | -5.6 | 0.9 | -5.0 | 5.9 | -23.0 | -23.6 | 0.5 | |||
| PORTFOLIO INVESTMENT | 185.2 | -253.6 | 438.8 | 477.5 | 191.9 | 285.6 | 46.1 | -31.6 | 77.7 | 53.7 | 33.8 | 19.9 | |||
| Equity | 45.6 | 31.4 | 14.2 | 38.5 | 96.0 | -57.5 | 31.6 | -4.0 | 35.6 | -4.6 | 23.5 | -28.1 | |||
| Debt instruments | 139.7 | -284.9 | 424.6 | 439.0 | 95.9 | 343.0 | 14.5 | -27.6 | 42.1 | 58.3 | 10.3 | 48.0 | |||
| Bonds and notes | 113.4 | -218.6 | 332.0 | 202.1 | 92.8 | 109.2 | 1.0 | -21.9 | 22.9 | 34.1 | 7.2 | 26.8 | |||
| Money market instruments | 26.3 | -66.3 | 92.6 | 236.9 | 3.1 | 233.8 | 13.5 | -5.8 | 19.3 | 24.2 | 3.1 | 21.1 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 81.8 | -665.6 | 747.4 | 342.6 | -104.7 | 447.3 | 48.9 | -48.3 | 97.2 | 28.0 | 3.2 | 24.8 | |||
| FINANCIAL DERIVATIVES (NET) | -72.4 | 1.5 | -6.1 | -1.7 | |||||||||||
| OTHER INVESTMENT | 116.7 | -401.6 | 518.2 | -244.3 | 702.6 | -946.9 | -48.5 | 28.8 | -77.3 | -18.9 | 26.0 | -44.9 | |||
| Eurosystem | 204.9 | -1.0 | 205.9 | -94.7 | 12.2 | -106.8 | -9.9 | 0.1 | -10.0 | -19.2 | 1.8 | -21.0 | |||
| General government | -0.3 | 5.4 | -5.7 | 6.3 | 2.2 | 4.1 | -0.8 | -1.3 | 0.4 | 3.1 | 1.7 | 1.4 | |||
| of which: currency and deposits | 4.0 | 4.0 | 1.9 | 1.9 | -2.2 | -2.2 | 1.8 | 1.8 | |||||||
| MFIs (excluding the Eurosystem) | 30.3 | -252.8 | 283.2 | -37.0 | 649.2 | -686.2 | -11.5 | 31.9 | -43.3 | 16.7 | 22.9 | -6.1 | |||
| Long-term | -222.3 | -226.9 | 4.6 | -87.0 | 3.9 | -90.9 | 6.2 | 8.7 | -2.5 | 16.3 | 11.7 | 4.5 | |||
| Short-term | 252.7 | -25.9 | 278.6 | 50.0 | 645.3 | -595.3 | -17.7 | 23.2 | -40.9 | 0.4 | 11.1 | -10.7 | |||
| Other sectors | -118.3 | -153.2 | 34.9 | -118.9 | 39.0 | -157.9 | -26.3 | -1.9 | -24.4 | -19.5 | -0.4 | -19.1 | |||
| of which: currency and deposits | 48.3 | 48.3 | 3.8 | 3.8 | -16.2 | -16.2 | 5.3 | 5.3 | |||||||
| RESERVE ASSETS | 1.3 | 1.3 | 2.5 | 2.5 | 0.2 | 0.2 | 2.6 | 2.6 | |||||||
| Errors and omissions | -25.6 | -20.7 | 8.4 | -5.1 | |||||||||||