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 2012
(revised) |
April 2012
|
|
April 2011
|
April 2012
|
|
|
| |
|
|
|
| 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
|
-16.7
|
2,776.1
|
2,792.9
|
17.6
|
2,988.8
|
2,971.2
|
8.7
|
263.9
|
255.1
|
1.6
|
243.2
|
241.6
|
|
Goods
|
-0.4
|
1,661.1
|
1,661.5
|
26.3
|
1,821.2
|
1,795.0
|
8.8
|
167.8
|
158.9
|
6.0
|
152.1
|
146.1
|
|
Services
|
50.7
|
534.2
|
483.5
|
65.1
|
555.8
|
490.7
|
5.1
|
44.9
|
39.7
|
5.4
|
44.9
|
39.5
|
|
Income
|
33.4
|
489.6
|
456.2
|
28.9
|
516.7
|
487.9
|
5.3
|
45.3
|
40.0
|
-0.9
|
39.9
|
40.8
|
|
Current transfers
|
-100.4
|
91.2
|
191.7
|
-102.6
|
95.0
|
197.6
|
-10.5
|
6.0
|
16.5
|
-8.8
|
6.3
|
15.1
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
CAPITAL
ACCOUNT
|
6.6
|
21.7
|
15.1
|
11.0
|
25.8
|
14.8
|
0.3
|
1.6
|
1.3
|
0.4
|
1.4
|
1.0
|
| |
|
|
|
|
|
|
Balance |
Assets |
Liabilities |
Balance |
Assets |
Liabilities |
Balance |
Assets |
Liabilities |
Balance |
Assets |
Liabilities |
FINANCIAL
ACCOUNT1)
|
-18.7
|
|
|
-25.3
|
|
|
-17.8
|
|
|
-3.5
|
|
|
DIRECT
INVESTMENT2)
|
-117.5
|
-350.9
|
233.4
|
-111.1
|
-260.2
|
149.1
|
-18.1
|
-25.3
|
7.2
|
-6.0
|
-22.0
|
16.0
|
|
Equity capital and reinvested earnings
|
-56.3
|
-249.7
|
194.0
|
-43.4
|
-211.8
|
168.4
|
1.5
|
-11.0
|
12.5
|
-6.0
|
-10.1
|
4.1
|
|
Other capital (mostly inter-company loans)
|
-61.6
|
-101.2
|
39.4
|
-67.7
|
-48.4
|
-19.3
|
-19.6
|
-14.4
|
-5.2
|
-0.0
|
-11.9
|
11.9
|
|
PORTFOLIO INVESTMENT
|
246.8
|
-112.8
|
359.6
|
119.7
|
2.0
|
117.6
|
-14.4
|
-44.5
|
30.1
|
-8.8
|
11.2
|
-20.0
|
|
Equity
|
197.3
|
-43.4
|
240.7
|
84.3
|
61.6
|
22.7
|
13.3
|
-8.8
|
22.1
|
-24.9
|
-5.8
|
-19.1
|
|
Debt instruments
|
49.5
|
-69.3
|
118.8
|
35.3
|
-59.6
|
94.9
|
-27.7
|
-35.7
|
8.0
|
16.0
|
17.0
|
-0.9
|
|
Bonds and notes
|
82.8
|
-61.5
|
144.3
|
74.5
|
-40.6
|
115.1
|
-20.0
|
-21.4
|
1.4
|
2.8
|
7.4
|
-4.6
|
|
Money market instruments
|
-33.3
|
-7.9
|
-25.4
|
-39.1
|
-18.9
|
-20.2
|
-7.8
|
-14.3
|
6.6
|
13.3
|
9.6
|
3.7
|
MEMO ITEM: COMBINED DIRECT AND
PORTFOLIO INVESTMENT
|
129.3
|
-463.7
|
593.0
|
8.6
|
-258.1
|
266.7
|
-32.5
|
-69.8
|
37.3
|
-14.8
|
-10.8
|
-4.0
|
|
FINANCIAL DERIVATIVES (NET)
|
23.4
|
|
|
-24.7
|
|
|
-4.3
|
|
|
2.4
|
|
|
|
OTHER INVESTMENT
|
-159.9
|
-160.7
|
0.8
|
-0.4
|
-41.8
|
41.4
|
17.9
|
-27.4
|
45.4
|
11.9
|
7.8
|
4.1
|
|
Eurosystem
|
10.0
|
-12.4
|
22.4
|
64.9
|
10.9
|
54.0
|
-34.8
|
0.9
|
-35.7
|
1.1
|
0.1
|
1.0
|
|
General government
|
51.2
|
-33.6
|
84.8
|
58.1
|
-0.8
|
59.0
|
3.0
|
0.6
|
2.4
|
4.7
|
-0.8
|
5.5
|
|
of which: currency and deposits
|
0.7
|
0.7
|
|
-9.1
|
-9.1
|
|
-0.0
|
-0.0
|
|
-0.7
|
-0.7
|
|
|
MFIs (excluding the Eurosystem)
|
-201.0
|
-29.6
|
-171.4
|
-74.0
|
58.2
|
-132.2
|
69.7
|
-15.3
|
85.1
|
-2.4
|
-5.3
|
2.9
|
|
Long-term
|
51.1
|
21.4
|
29.6
|
-43.4
|
-11.1
|
-32.2
|
-9.4
|
-8.2
|
-1.2
|
-18.0
|
-6.6
|
-11.5
|
|
Short-term
|
-252.1
|
-51.0
|
-201.0
|
-30.6
|
69.3
|
-100.0
|
79.1
|
-7.2
|
86.3
|
15.6
|
1.2
|
14.4
|
|
Other sectors
|
-20.1
|
-85.0
|
64.9
|
-49.5
|
-110.1
|
60.6
|
-20.1
|
-13.6
|
-6.5
|
8.5
|
13.8
|
-5.3
|
|
of which: currency and deposits
|
-46.0
|
-46.0
|
|
-42.7
|
-42.7
|
|
-6.5
|
-6.5
|
|
3.3
|
3.3
|
|
|
RESERVE ASSETS
|
-11.4
|
-11.4
|
|
-8.7
|
-8.7
|
|
1.1
|
1.1
|
|
-2.9
|
-2.9
|
|
|
Errors and omissions
|
28.8
|
|
|
-3.4
|
|
|
8.7
|
|
|
1.5
|
|
|
http://www.ecb.europa.eu/press/pr/stats/bop/2012/html/bp120621_t2.en.html
