Search Options
Home Media Explainers Research & Publications Statistics Monetary Policy The €uro Payments & Markets Careers
Suggestions
Sort by

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 October 2007 (revised) November 2007
November 2006 November 2007
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 -26.2 2,343.2 2,369.4 24.0 2,590.8 2,566.8 3.9 230.7 226.8 1.0 223.3 222.2
Goods 19.7 1,382.7 1,363.0 65.8 1,504.6 1,438.8 8.7 140.5 131.8 5.1 136.4 131.3
Services 33.7 425.1 391.4 43.4 462.1 418.7 3.1 41.0 37.8 2.0 37.1 35.1
Income 4.7 454.5 449.8 -5.1 536.7 541.8 2.3 44.9 42.6 1.0 44.6 43.7
Current transfers -84.2 81.0 165.2 -80.0 87.4 167.5 -10.3 4.3 14.6 -7.0 5.1 12.2
CAPITAL ACCOUNT 8.6 23.4 14.8 14.4 26.4 12.0 1.2 2.0 0.8 1.1 2.2 1.1
Balance Assets Liabilities Balance Assets Liabilities Balance Assets Liabilities Balance Assets Liabilities
FINANCIALACCOUNT1) 123.4 -6.3 -80.6 -11.7
DIRECTINVESTMENT2) -130.2 -336.4 206.3 -111.5 -392.6 281.0 21.3 -24.0 45.3 11.0 -18.2 29.1
Equity capital and reinvested earnings -115.5 -288.6 173.1 -89.2 -277.7 188.5 5.9 -24.2 30.1 -2.9 -9.8 6.9
Other capital (mostly inter-company loans) -14.8 -47.9 33.1 -22.3 -114.9 92.6 15.3 0.2 15.2 13.8 -8.4 22.2
PORTFOLIO INVESTMENT 250.6 -539.7 790.3 256.8 -466.0 722.8 -56.1 -68.2 12.1 10.2 -33.3 43.5
Equity 162.2 -170.3 332.5 190.2 -69.5 259.8 -7.0 -9.6 2.7 -15.1 -12.1 -3.0
Debt instruments 88.4 -369.4 457.8 66.6 -396.4 463.0 -49.1 -58.6 9.4 25.3 -21.2 46.5
Bonds and notes 132.5 -304.2 436.8 118.9 -325.9 444.9 -11.8 -32.5 20.7 28.1 -25.9 54.0
Money market instruments -44.2 -65.2 21.0 -52.3 -70.5 18.2 -37.4 -26.1 -11.3 -2.7 4.7 -7.5
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT 120.4 -876.1 996.6 145.3 -858.5 1,003.8 -34.9 -92.2 57.4 21.2 -51.4 72.6
FINANCIAL DERIVATIVES (NET) 4.3 -117.7 -6.9 -33.2
OTHER INVESTMENT -9.2 -628.6 619.4 -22.4 -1,024.0 1,001.7 -38.3 -136.7 98.3 0.1 -75.7 75.8
Eurosystem 12.0 -2.0 14.0 15.1 -11.4 26.4 2.5 -1.3 3.8 6.5 1.5 5.0
General government -1.0 -0.9 -0.1 16.6 9.4 7.2 6.1 4.3 1.8 -0.9 -3.4 2.5
of which: currency and deposits -10.5 -10.5 7.0 7.0 4.3 4.3 -4.3 -4.3
MFIs (excluding the Eurosystem) -0.9 -426.3 425.4 10.5 -683.2 693.7 -11.5 -101.5 89.9 3.9 -57.4 61.3
long-term -56.9 -146.6 89.7 -97.7 -189.9 92.2 -20.9 -24.7 3.8 29.1 25.0 4.1
short-term 56.0 -279.7 335.7 108.2 -493.3 601.5 9.4 -76.8 86.2 -25.2 -82.4 57.2
Other sectors -19.3 -199.4 180.1 -64.5 -338.9 274.4 -35.4 -38.2 2.8 -9.5 -16.4 6.9
of which: currency and deposits -27.2 -27.2 -26.9 -26.9 -10.2 -10.2 8.5 8.5
RESERVE ASSETS 7.8 7.8 -11.5 -11.5 -0.5 -0.5 0.2 0.2
Errors and omissions -105.7 -32.1 75.5 9.5