Table 2: Monthly balance of payments of the euro area

(EUR billions unless otherwise indicated; transactions; non-working day and non-seasonally adjusted data)

	Cumulated figures for the 12-month period ending						September 2016			October 2016
	October 2015			October 2016
		Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit
	Source: ECB.
	1) Financial account: increases in assets and liabilities (+) and decreases in assets and liabilities (-).
	CURRENT ACCOUNT	317.4	3,587.7	3,270.3	343.0	3,543.1	3,200.1	32.2	303.3	271.0	32.8	295.5	262.7
	Goods	340.5	2,089.0	1,748.4	366.7	2,082.4	1,715.6	31.0	178.4	147.4	27.0	177.0	150.0
	Services	60.1	758.2	698.1	62.0	772.4	710.3	7.4	67.5	60.1	8.2	65.5	57.4
	Primary income	53.4	638.0	584.6	46.1	589.1	543.0	4.5	48.8	44.3	8.8	45.9	37.1
	Secondary income	-136.6	102.6	239.2	-131.9	99.2	231.1	-10.7	8.6	19.3	-11.2	7.1	18.3
CAPITAL ACCOUNT	-13.7	45.3	58.9	6.9	39.2	32.3	0.4	2.2	1.7	1.3	3.3	2.0
	Net	Assets	Liabilities	Net	Assets	Liabilities	Net	Assets	Liabilities	Net	Assets	Liabilities
FINANCIAL ACCOUNT 1)	310.3	1,217.9	907.5	284.1	928.7	644.6	79.3	-43.2	-122.5	-11.7	242.8	254.5
Direct investment	280.9	748.4	467.4	204.0	354.4	150.4	46.5	-5.5	-51.9	68.6	95.3	26.7
Equity	222.6	522.6	299.9	172.8	341.5	168.7	33.2	-2.8	-36.0	14.6	41.2	26.5
Debt instruments	58.3	225.8	167.5	31.2	12.8	-18.3	13.2	-2.7	-15.9	54.0	54.2	0.1
Portfolio investment	63.8	446.9	383.1	495.1	424.7	-70.4	33.5	44.7	11.2	-3.5	-12.8	-9.3
Equity	-141.0	62.5	203.5	-183.5	7.1	190.6	-21.3	3.4	24.6	13.0	13.2	0.2
Debt securities	204.8	384.4	179.6	678.6	417.7	-261.0	54.7	41.3	-13.4	-16.5	-26.0	-9.5
Short-term	17.1	-10.6	-27.8	1.0	13.0	11.9	-30.5	4.4	34.9	-13.8	-33.8	-20.0
Long-term	187.6	395.0	207.4	677.6	404.7	-272.9	85.2	36.9	-48.3	-2.7	7.9	10.5
Memo: Direct and portfolio investment	344.7	1,195.2	850.5	699.1	779.1	80.0	79.9	39.2	-40.7	65.1	82.5	17.4
Financial derivatives	47.0			36.7			-2.4			9.0
Other investment	-83.2	-26.2	57.0	-469.3	95.3	564.6	-5.1	-86.8	-81.8	-81.9	155.3	237.2
Eurosystem	-18.3	-0.1	18.2	-68.1	-0.4	67.7	-23.8	7.6	31.4	-6.0	-7.6	-1.6
MFIs (excluding the Eurosystem)	-86.3	-99.5	-13.2	-318.8	83.7	402.4	1.2	-102.8	-104.0	-58.5	159.2	217.6
General government	34.3	-2.8	-37.1	1.9	6.3	4.4	-0.9	1.4	2.4	-8.8	-3.7	5.1
Other sectors	-12.9	76.1	89.0	-84.3	5.9	90.2	18.4	7.0	-11.4	-8.6	7.5	16.1
Of which: currency and deposits	-104.4	-93.2	11.2	-584.9	-91.7	493.3	-5.6	-95.1	-89.5	-116.6	103.9	220.5
Reserve assets		1.8			17.6			6.8			-3.9
Errors and omissions	6.5			-65.8			46.6			-45.8