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 2014 (revised) | June 2014 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| June 2013 | June 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 | 196.8 | 3,238.4 | 3,041.6 | 219.6 | 3,266.4 | 3,046.9 | 9.3 | 274.2 | 264.9 | 20.8 | 282.2 | 261.4 | |||
| Goods | 140.5 | 1,930.9 | 1,790.4 | 166.3 | 1,947.4 | 1,781.1 | 13.1 | 163.1 | 149.9 | 14.4 | 163.7 | 149.3 | |||
| Services | 99.8 | 645.7 | 545.9 | 118.3 | 679.2 | 561.0 | 13.8 | 57.4 | 43.6 | 11.5 | 59.4 | 47.9 | |||
| Income | 72.3 | 563.0 | 490.7 | 55.3 | 539.5 | 484.2 | -10.8 | 47.0 | 57.8 | 6.4 | 52.0 | 45.5 | |||
| Current transfers | -115.9 | 98.7 | 214.6 | -120.3 | 100.4 | 220.7 | -6.8 | 6.7 | 13.5 | -11.6 | 7.1 | 18.7 | |||
| CAPITAL ACCOUNT | 19.7 | 34.1 | 14.4 | 22.1 | 33.6 | 11.5 | 0.2 | 1.7 | 1.6 | 1.4 | 2.4 | 1.0 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | -249.4 | -253.6 | -9.3 | -35.9 | |||||||||||
| DIRECTINVESTMENT2) | -68.8 | -332.3 | 263.6 | -53.4 | -268.4 | 215.0 | 10.6 | -15.1 | 25.8 | 8.0 | -1.8 | 9.8 | |||
| Equity capital and reinvested earnings | 18.9 | -198.6 | 217.9 | -70.3 | -289.8 | 219.8 | -7.3 | -16.3 | 8.9 | 0.1 | -7.7 | 7.8 | |||
| Other capital (mostly inter-company loans) | -88.1 | -133.8 | 45.7 | 16.5 | 21.4 | -4.8 | 18.0 | 1.1 | 16.8 | 7.9 | 5.9 | 2.0 | |||
| PORTFOLIO INVESTMENT | 126.2 | -260.1 | 386.3 | 107.1 | -346.1 | 453.2 | 60.0 | -37.6 | 97.6 | 6.0 | -38.5 | 44.4 | |||
| Equity | 107.5 | -143.6 | 251.1 | 123.8 | -167.4 | 291.2 | 8.4 | -20.5 | 28.9 | 50.6 | -4.7 | 55.3 | |||
| Debt instruments | 18.7 | -116.5 | 135.2 | -16.7 | -178.7 | 162.0 | 51.6 | -17.1 | 68.8 | -44.6 | -33.8 | -10.8 | |||
| Bonds and notes | -19.6 | -127.4 | 107.8 | 55.2 | -133.9 | 189.0 | 61.2 | -3.0 | 64.2 | -51.0 | -31.0 | -20.0 | |||
| Money market instruments | 38.3 | 10.9 | 27.4 | -71.8 | -44.8 | -27.0 | -9.5 | -14.1 | 4.6 | 6.4 | -2.8 | 9.2 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 57.4 | -592.5 | 649.9 | 53.7 | -614.5 | 668.2 | 70.6 | -52.8 | 123.4 | 13.9 | -40.3 | 54.2 | |||
| FINANCIAL DERIVATIVES (NET) | 30.8 | 17.7 | -0.5 | 3.6 | |||||||||||
| OTHER INVESTMENT | -332.9 | 142.9 | -475.8 | -319.0 | -121.2 | -197.7 | -79.0 | -47.9 | -31.1 | -53.9 | 57.4 | -111.3 | |||
| Eurosystem | -27.8 | 6.0 | -33.8 | -65.9 | 10.3 | -76.2 | 4.6 | 5.1 | -0.5 | -17.5 | 2.1 | -19.5 | |||
| General government | -8.4 | 4.1 | -12.5 | -4.2 | -4.2 | 0.0 | -3.5 | -1.5 | -2.0 | 2.9 | -0.5 | 3.4 | |||
| of which: currency and deposits | 6.1 | 6.1 | -9.7 | -9.7 | -1.8 | -1.8 | -1.0 | -1.0 | |||||||
| MFIs (excluding the Eurosystem) | -267.6 | 129.3 | -396.9 | -286.3 | -110.9 | -175.5 | -64.9 | -36.9 | -28.0 | -51.0 | 36.3 | -87.3 | |||
| Long-term | 31.1 | 68.2 | -37.1 | 15.4 | 82.4 | -67.0 | -5.0 | -3.4 | -1.6 | 6.0 | 10.3 | -4.3 | |||
| Short-term | -298.7 | 61.1 | -359.8 | -301.7 | -193.3 | -108.4 | -59.9 | -33.5 | -26.5 | -57.0 | 26.0 | -83.0 | |||
| Other sectors | -29.0 | 3.5 | -32.6 | 37.5 | -16.4 | 53.9 | -15.3 | -14.7 | -0.6 | 11.7 | 19.5 | -7.8 | |||
| of which: currency and deposits | 27.3 | 27.3 | -37.4 | -37.4 | -21.1 | -21.1 | 4.7 | 4.7 | |||||||
| RESERVE ASSETS | -4.7 | -4.7 | -6.0 | -6.0 | -0.5 | -0.5 | 0.5 | 0.5 | |||||||
| Errors and omissions | 33.0 | 11.9 | -0.1 | 13.7 | |||||||||||