Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q4 2007, non-seasonally adjusted data)
| Total | European Union 27 (outside the euro area) | Canada | Japan | Switzerland | United States | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Denmark | Sweden | UnitedKingdom | Other EUcountries | EUinsti-tutions | ||||||
| Current account | 11.0 | 35.2 | 2.2 | 0.7 | 23.4 | 16.2 | -7.2 | 1.7 | -10.0 | 2.5 | 16.7 |
| credit | 690.3 | 264.5 | 13.6 | 21.5 | 134.7 | 74.1 | 20.7 | 8.7 | 14.0 | 44.0 | 103.1 |
| debit | 679.4 | 229.3 | 11.4 | 20.9 | 111.3 | 57.9 | 27.9 | 7.0 | 24.0 | 41.6 | 86.3 |
| Goods | 9.7 | 28.6 | 1.8 | 0.6 | 14.0 | 12.1 | 0.0 | 1.4 | -5.7 | 2.9 | 14.6 |
| credit (exports) | 392.4 | 142.0 | 9.0 | 14.3 | 60.2 | 58.5 | 0.0 | 4.6 | 8.2 | 22.2 | 48.4 |
| as percentage of total | 100.0 | 36.2 | 2.3 | 3.6 | 15.3 | 14.9 | 0.0 | 1.2 | 2.1 | 5.6 | 12.3 |
| debit (imports) | 382.7 | 113.4 | 7.1 | 13.7 | 46.1 | 46.4 | 0.0 | 3.2 | 14.0 | 19.2 | 33.9 |
| as percentage of total | 100.0 | 29.6 | 1.9 | 3.6 | 12.1 | 12.1 | 0.0 | 0.8 | 3.6 | 5.0 | 8.9 |
| Services | 10.9 | 6.3 | -0.5 | 0.7 | 4.7 | -0.1 | 1.5 | -0.0 | 0.6 | 2.5 | -3.0 |
| credit (exports) | 127.8 | 43.6 | 2.0 | 3.4 | 28.9 | 7.7 | 1.6 | 1.6 | 2.7 | 11.9 | 21.6 |
| as percentage of total | 100.0 | 34.1 | 1.5 | 2.7 | 22.6 | 6.0 | 1.2 | 1.3 | 2.1 | 9.3 | 16.9 |
| debit (imports) | 116.9 | 37.3 | 2.5 | 2.7 | 24.2 | 7.7 | 0.1 | 1.6 | 2.1 | 9.4 | 24.6 |
| as percentage of total | 100.0 | 31.9 | 2.1 | 2.3 | 20.7 | 6.6 | 0.0 | 1.4 | 1.8 | 8.0 | 21.0 |
| Income | 10.4 | 8.7 | 0.9 | -0.6 | 4.2 | 4.4 | -0.3 | 0.7 | -4.9 | -3.0 | 5.5 |
| credit | 142.9 | 57.3 | 2.5 | 3.5 | 42.5 | 7.2 | 1.7 | 2.3 | 2.9 | 8.5 | 31.8 |
| debit | 132.6 | 48.6 | 1.5 | 4.1 | 38.2 | 2.7 | 2.0 | 1.6 | 7.8 | 11.5 | 26.2 |
| of which: investment income | 8.5 | 8.7 | 0.9 | -0.6 | 4.0 | 5.7 | -1.3 | 0.7 | -4.9 | -4.6 | 5.3 |
| credit | 138.3 | 55.7 | 2.4 | 3.5 | 41.9 | 7.1 | 0.8 | 2.3 | 2.9 | 6.8 | 31.3 |
| debit | 129.8 | 46.9 | 1.5 | 4.0 | 37.9 | 1.5 | 2.0 | 1.6 | 7.8 | 11.4 | 26.0 |
| Current transfers | -20.1 | -8.4 | -0.0 | -0.1 | 0.4 | -0.3 | -8.4 | -0.4 | 0.0 | 0.1 | -0.3 |
| credit | 27.1 | 21.7 | 0.2 | 0.3 | 3.1 | 0.8 | 17.3 | 0.1 | 0.1 | 1.5 | 1.3 |
| debit | 47.2 | 30.1 | 0.2 | 0.4 | 2.7 | 1.1 | 25.7 | 0.5 | 0.1 | 1.4 | 1.7 |
| Capital account | 5.8 | 7.6 | -0.0 | 0.0 | 0.1 | -0.0 | 7.4 | -0.0 | -0.0 | 0.0 | 0.2 |
| credit | 9.1 | 8.0 | 0.0 | 0.0 | 0.3 | 0.1 | 7.6 | 0.0 | 0.0 | 0.1 | 0.4 |
| debit | 3.2 | 0.5 | 0.0 | 0.0 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.3 |
| Financial account balance1) | -74.0 | - | - | - | - | - | - | - | - | - | - |
| Direct investment | 18.2 | 8.5 | 0.3 | -2.2 | 12.7 | -2.3 | 0.0 | -3.6 | 1.2 | -3.1 | 35.0 |
| Abroad | -78.3 | -29.0 | 0.5 | 2.4 | -26.1 | -5.7 | 0.0 | -2.1 | 0.7 | -7.6 | 3.1 |
| Equity/reinvested earnings | -65.4 | -34.9 | 0.7 | 1.2 | -31.9 | -4.9 | 0.0 | -0.8 | -0.3 | -2.6 | 8.8 |
| Other capital | -12.9 | 5.9 | -0.2 | 1.1 | 5.8 | -0.8 | 0.0 | -1.4 | 1.0 | -5.0 | -5.7 |
| In the euro area | 96.6 | 37.5 | -0.1 | -4.6 | 38.8 | 3.4 | 0.0 | -1.5 | 0.5 | 4.6 | 31.9 |
| Equity/reinvested earnings | 53.6 | 32.5 | 0.3 | -3.4 | 35.5 | 0.2 | 0.0 | -1.3 | 1.3 | 1.7 | 14.0 |
| Other capital | 43.0 | 5.0 | -0.4 | -1.2 | 3.3 | 3.3 | 0.0 | -0.2 | -0.9 | 2.9 | 17.9 |
| Portfolio investment | -44.2 | - | - | - | - | - | - | - | - | - | - |
| Assets | -94.6 | -17.5 | 1.3 | -3.5 | -11.8 | -3.2 | -0.3 | -3.1 | -1.8 | 1.2 | -43.7 |
| Equity | -11.4 | 5.6 | 0.3 | -0.1 | 6.0 | -0.6 | -0.1 | -0.3 | 3.9 | 0.3 | -1.9 |
| Debt | -83.2 | -23.0 | 1.0 | -3.4 | -17.9 | -2.6 | -0.2 | -2.8 | -5.7 | 0.8 | -41.8 |
| Bonds and notes | -77.2 | -19.7 | 1.4 | -1.4 | -16.9 | -2.6 | -0.2 | -2.5 | -5.1 | -0.5 | -28.9 |
| Money market instruments | -6.0 | -3.3 | -0.3 | -2.0 | -1.0 | 0.1 | -0.1 | -0.3 | -0.6 | 1.3 | -12.9 |
| Liabilities | 50.4 | - | - | - | - | - | - | - | - | - | - |
| Equity | -6.8 | - | - | - | - | - | - | - | - | - | - |
| Debt | 57.2 | - | - | - | - | - | - | - | - | - | - |
| Bonds and notes | 78.9 | - | - | - | - | - | - | - | - | - | - |
| Money market instruments | -21.7 | - | - | - | - | - | - | - | - | - | - |
| Financial derivatives | -48.3 | - | - | - | - | - | - | - | - | - | - |
| Other investment | -4.7 | 3.7 | -20.5 | 4.0 | 36.2 | -11.0 | -5.1 | -3.5 | 5.1 | 50.7 | -1.1 |
| Assets | -94.5 | -0.7 | -3.4 | 1.2 | 19.9 | -14.4 | -4.0 | 0.2 | -7.2 | 55.4 | -58.8 |
| General government | -2.3 | -4.2 | 0.9 | -0.0 | -1.9 | 0.2 | -3.4 | -0.0 | -0.0 | -0.0 | -0.1 |
| MFIs | -58.3 | 6.8 | -4.2 | 0.4 | 25.6 | -15.5 | 0.5 | -0.5 | -8.4 | 55.5 | -48.8 |
| Other sectors | -33.9 | -3.3 | -0.2 | 0.8 | -3.7 | 1.0 | -1.2 | 0.6 | 1.1 | -0.2 | -10.0 |
| Liabilities | 89.9 | 4.4 | -17.1 | 2.8 | 16.3 | 3.4 | -1.0 | -3.6 | 12.3 | -4.7 | 57.7 |
| General government | -1.7 | -2.6 | -0.0 | 0.0 | -2.0 | 0.0 | -0.7 | 0.0 | 0.0 | 0.9 | -0.2 |
| MFIs | 77.6 | 14.5 | -17.2 | 2.6 | 28.6 | 2.0 | -1.5 | -2.9 | 12.4 | -5.4 | 51.1 |
| Other sectors | 14.0 | -7.6 | 0.1 | 0.2 | -10.4 | 1.4 | 1.1 | -0.7 | -0.1 | -0.2 | 6.9 |
| Reserve assets | 4.9 | - | - | - | - | - | - | - | - | - | - |
| Errors and omissions | 57.2 | - | - | - | - | - | - | - | - | - | - |
Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q4 2007, non-seasonally adjusted data)
| Offshore financial centres | Internationalorganisations | Other countries | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| of which:Hong Kong | of which:Brazil | China2) | India | Russia | |||||||||||
| Source: ECB. | |||||||||||||||
| ( 1 ) Financial account: inflows (+); outflows (−). Reserve assets: increase (−); decrease (+). | |||||||||||||||
| ( 2 ) Data for mainland China, excluding Hong Kong. | |||||||||||||||
| Current account | - | - | - | -35.1 | - | - | - | - | |||||||
| credit | - | - | - | 256.1 | 9.3 | 21.2 | 8.9 | 24.5 | |||||||
| debit | - | - | - | 291.2 | - | - | - | - | |||||||
| Goods | - | - | - | -32.1 | -1.7 | -28.0 | 2.2 | -6.2 | |||||||
| credit (exports) | - | - | - | 167.0 | 5.1 | 16.2 | 6.6 | 19.0 | |||||||
| as percentage of total | - | - | - | 42.6 | 1.3 | 4.1 | 1.7 | 4.8 | |||||||
| debit (imports) | - | - | - | 199.0 | 6.8 | 44.1 | 4.4 | 25.2 | |||||||
| as percentage of total | - | - | - | 52.0 | 1.8 | 11.5 | 1.1 | 6.6 | |||||||
| Services | - | - | - | 4.5 | 0.3 | 1.3 | 0.7 | 0.8 | |||||||
| credit (exports) | - | - | - | 46.5 | 1.6 | 4.3 | 1.9 | 3.1 | |||||||
| as percentage of total | - | - | - | 36.4 | 1.2 | 3.3 | 1.5 | 2.4 | |||||||
| debit (imports) | - | - | - | 42.0 | 1.3 | 3.0 | 1.1 | 2.2 | |||||||
| as percentage of total | - | - | - | 35.9 | 1.1 | 2.5 | 1.0 | 1.9 | |||||||
| Income | - | - | - | 3.4 | - | - | - | - | |||||||
| credit | - | - | - | 40.2 | 2.6 | 0.7 | 0.4 | 2.5 | |||||||
| debit | - | - | - | 36.8 | - | - | - | - | |||||||
| of which: investment income | - | - | - | 3.3 | - | - | - | - | |||||||
| credit | - | - | - | 39.4 | 2.6 | 0.7 | 0.4 | 2.4 | |||||||
| debit | - | - | - | 36.1 | - | - | - | - | |||||||
| Current transfers | - | - | - | -11.0 | -0.4 | -0.6 | -0.2 | -0.1 | |||||||
| credit | - | - | - | 2.4 | 0.0 | 0.1 | 0.0 | 0.1 | |||||||
| debit | - | - | - | 13.4 | 0.4 | 0.6 | 0.2 | 0.1 | |||||||
| Capital account | - | - | - | -1.8 | -0.0 | -0.0 | -0.1 | -0.0 | |||||||
| credit | - | - | - | 0.5 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| debit | - | - | - | 2.3 | 0.0 | 0.0 | 0.1 | 0.0 | |||||||
| Financial account balance1) | - | - | - | - | - | - | - | - | |||||||
| Direct investment | -10.6 | 2.0 | 0.2 | -9.4 | 0.8 | 0.9 | -0.8 | -7.0 | |||||||
| Abroad | -26.7 | 1.7 | 0.1 | -16.8 | 0.2 | 1.0 | -0.9 | -7.3 | |||||||
| Equity/reinvested earnings | -23.1 | 1.6 | -0.0 | -12.5 | -0.1 | 2.3 | -0.8 | -6.8 | |||||||
| Other capital | -3.6 | 0.2 | 0.1 | -4.2 | 0.3 | -1.4 | -0.2 | -0.6 | |||||||
| In the euro area | 16.1 | 0.2 | 0.1 | 7.4 | 0.7 | -0.0 | 0.1 | 0.4 | |||||||
| Equity/reinvested earnings | 1.6 | 0.2 | 0.0 | 3.6 | 0.8 | 0.0 | 0.1 | 0.7 | |||||||
| Other capital | 14.5 | 0.1 | 0.1 | 3.7 | -0.1 | -0.0 | 0.0 | -0.4 | |||||||
| Portfolio investment | - | - | - | - | - | - | - | - | |||||||
| Assets | -1.5 | 0.0 | 0.8 | -29.0 | -0.8 | -3.3 | -0.2 | -1.6 | |||||||
| Equity | -3.1 | -0.1 | 0.0 | -15.9 | -0.3 | -3.1 | -0.0 | -1.8 | |||||||
| Debt | 1.6 | 0.1 | 0.8 | -13.1 | -0.5 | -0.2 | -0.2 | 0.1 | |||||||
| Bonds and notes | -3.1 | 0.0 | 0.7 | -18.2 | -0.5 | 0.0 | -0.2 | -0.0 | |||||||
| Money market instruments | 4.7 | 0.1 | 0.1 | 5.1 | 0.0 | -0.3 | -0.0 | 0.2 | |||||||
| Other investment | -2.7 | 20.6 | -6.1 | -50.7 | -3.7 | -5.9 | 4.2 | -47.6 | |||||||
| Assets | -47.4 | -5.3 | -3.8 | -32.2 | -0.9 | -2.8 | -1.3 | -9.8 | |||||||
| General government | 0.0 | -0.0 | -0.6 | 2.5 | -0.0 | 0.0 | 0.0 | 0.0 | |||||||
| MFIs | -40.4 | -3.9 | -3.2 | -19.4 | -0.2 | -1.6 | -1.4 | -6.1 | |||||||
| Other sectors | -7.0 | -1.4 | -0.0 | -15.3 | -0.7 | -1.2 | 0.2 | -3.7 | |||||||
| Liabilities | 44.7 | 25.8 | -2.3 | -18.6 | -2.8 | -3.1 | 5.5 | -37.8 | |||||||
| General government | 0.0 | 0.0 | 0.3 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | |||||||
| MFIs | 41.1 | 25.7 | -2.6 | -30.7 | -3.0 | -3.1 | 5.5 | -38.3 | |||||||
| Other sectors | 3.5 | 0.2 | -0.0 | 12.1 | 0.2 | -0.0 | -0.0 | 0.5 | |||||||
| Reserve assets | - | - | - | - | - | - | - | - | |||||||
| Errors and omissions | - | - | - | - | - | - | - | - | |||||||