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
|
September 2011
(revised) |
October 2011
|
|
October 2010
|
October 2011
|
|
|
| |
|
|
|
| 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. |
CURRENT
ACCOUNT
|
-28.0
|
2,552.2
|
2,580.2
|
-59.7
|
2,834.6
|
2,894.3
|
-0.7
|
245.7
|
246.4
|
1.7
|
244.5
|
242.7
|
|
Goods
|
22.8
|
1,510.2
|
1,487.4
|
-12.8
|
1,735.9
|
1,748.8
|
2.8
|
154.2
|
151.4
|
1.4
|
152.7
|
151.4
|
|
Services
|
46.9
|
510.3
|
463.5
|
52.9
|
536.0
|
483.1
|
6.6
|
47.2
|
40.6
|
5.0
|
46.9
|
41.9
|
|
Income
|
3.5
|
442.0
|
438.4
|
-0.5
|
470.0
|
470.5
|
-0.1
|
38.8
|
39.0
|
3.0
|
37.2
|
34.2
|
|
Current transfers
|
-101.2
|
89.7
|
191.0
|
-99.2
|
92.7
|
191.9
|
-10.0
|
5.4
|
15.4
|
-7.6
|
7.6
|
15.3
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
CAPITAL
ACCOUNT
|
4.5
|
20.6
|
16.1
|
9.7
|
22.6
|
13.0
|
-0.1
|
0.9
|
1.0
|
1.5
|
2.4
|
1.0
|
| |
|
|
|
|
|
|
Balance |
Assets |
Liabilities |
Balance |
Assets |
Liabilities |
Balance |
Assets |
Liabilities |
Balance |
Assets |
Liabilities |
FINANCIAL
ACCOUNT1)
|
21.9
|
|
|
45.8
|
|
|
1.6
|
|
|
-9.0
|
|
|
DIRECT
INVESTMENT2)
|
-140.5
|
-258.8
|
118.3
|
35.3
|
-178.4
|
213.7
|
-7.5
|
-18.6
|
11.1
|
-7.4
|
-17.0
|
9.6
|
|
Equity capital and reinvested earnings
|
76.9
|
-131.6
|
209.4
|
34.8
|
-133.8
|
168.9
|
-0.9
|
-8.4
|
7.5
|
-8.5
|
-14.0
|
5.5
|
|
Other capital (mostly inter-company loans)
|
-218.4
|
-127.2
|
-91.1
|
0.4
|
-44.7
|
44.8
|
-6.6
|
-10.2
|
3.6
|
1.1
|
-3.0
|
4.2
|
|
PORTFOLIO INVESTMENT
|
156.4
|
-172.6
|
329.0
|
305.0
|
73.0
|
232.0
|
20.5
|
11.1
|
9.4
|
-24.7
|
35.2
|
-59.9
|
|
Equity
|
121.4
|
-75.0
|
196.4
|
67.5
|
16.9
|
50.6
|
6.0
|
11.4
|
-5.5
|
-0.2
|
6.4
|
-6.6
|
|
Debt instruments
|
35.0
|
-97.6
|
132.6
|
237.5
|
56.1
|
181.4
|
14.5
|
-0.3
|
14.9
|
-24.5
|
28.8
|
-53.3
|
|
Bonds and notes
|
-63.8
|
-161.4
|
97.6
|
217.8
|
55.5
|
162.3
|
17.9
|
20.2
|
-2.3
|
-28.4
|
11.8
|
-40.2
|
|
Money market instruments
|
98.8
|
63.7
|
35.0
|
19.6
|
0.6
|
19.1
|
-3.4
|
-20.6
|
17.2
|
3.9
|
17.0
|
-13.2
|
MEMO ITEM: COMBINED DIRECT AND
PORTFOLIO INVESTMENT
|
15.9
|
-431.4
|
447.3
|
340.3
|
-105.5
|
445.7
|
13.0
|
-7.5
|
20.5
|
-32.1
|
18.2
|
-50.3
|
|
FINANCIAL DERIVATIVES (NET)
|
8.1
|
|
|
6.1
|
|
|
1.4
|
|
|
-0.4
|
|
|
|
OTHER INVESTMENT
|
6.2
|
-111.7
|
117.9
|
-294.9
|
-266.4
|
-28.5
|
-14.4
|
-22.3
|
7.9
|
24.6
|
40.8
|
-16.3
|
|
Eurosystem
|
-5.8
|
7.7
|
-13.5
|
43.6
|
-12.7
|
56.3
|
11.9
|
3.3
|
8.6
|
-6.0
|
1.4
|
-7.4
|
|
General government
|
-21.1
|
-38.3
|
17.1
|
100.5
|
-2.5
|
103.0
|
16.4
|
-2.7
|
19.0
|
-4.0
|
-6.8
|
2.8
|
|
of which: currency and deposits
|
-1.1
|
-1.1
|
|
-9.5
|
-9.5
|
|
-3.1
|
-3.1
|
|
-7.6
|
-7.6
|
|
|
MFIs (excluding the Eurosystem)
|
5.6
|
-31.9
|
37.6
|
-339.7
|
-94.2
|
-245.5
|
-25.8
|
-4.4
|
-21.4
|
39.4
|
73.2
|
-33.8
|
|
Long-term
|
50.3
|
26.8
|
23.5
|
-12.9
|
-6.7
|
-6.2
|
-3.7
|
2.6
|
-6.3
|
-20.1
|
13.8
|
-33.9
|
|
Short-term
|
-44.7
|
-58.7
|
14.0
|
-326.8
|
-87.5
|
-239.3
|
-22.1
|
-7.0
|
-15.1
|
59.5
|
59.4
|
0.1
|
|
Other sectors
|
27.5
|
-49.1
|
76.7
|
-99.3
|
-156.9
|
57.6
|
-16.9
|
-18.5
|
1.6
|
-4.8
|
-26.9
|
22.1
|
|
of which: currency and deposits
|
-10.0
|
-10.0
|
|
-52.7
|
-52.7
|
|
-10.9
|
-10.9
|
|
-11.4
|
-11.4
|
|
|
RESERVE ASSETS
|
-8.3
|
-8.3
|
|
-5.7
|
-5.7
|
|
1.6
|
1.6
|
|
-1.1
|
-1.1
|
|
|
Errors and omissions
|
1.6
|
|
|
4.3
|
|
|
-0.8
|
|
|
5.8
|
|
|
http://www.ecb.europa.eu/press/pr/stats/bop/2011/html/bp111219_t2.en.html
