Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q2 2008, 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 | -24.4 | 25.0 | 3.2 | 0.7 | 12.2 | 17.8 | -9.0 | -0.2 | -12.1 | -1.8 | -4.8 |
| credit | 710.3 | 265.0 | 15.6 | 23.6 | 135.3 | 79.1 | 11.4 | 8.8 | 14.3 | 47.6 | 102.8 |
| debit | 734.8 | 240.0 | 12.4 | 22.9 | 123.1 | 61.3 | 20.3 | 9.0 | 26.4 | 49.3 | 107.6 |
| Goods | 6.2 | 31.7 | 1.7 | 1.0 | 14.9 | 14.0 | 0.0 | 0.9 | -5.7 | 3.1 | 12.6 |
| credit (exports) | 403.6 | 147.2 | 9.4 | 14.6 | 60.3 | 62.9 | 0.0 | 4.5 | 8.1 | 23.1 | 48.7 |
| as percentage of total | 100.0 | 36.5 | 2.3 | 3.6 | 14.9 | 15.6 | 0.0 | 1.1 | 2.0 | 5.7 | 12.1 |
| debit (imports) | 397.4 | 115.5 | 7.7 | 13.6 | 45.3 | 48.9 | 0.0 | 3.6 | 13.9 | 20.0 | 36.0 |
| as percentage of total | 100.0 | 29.1 | 1.9 | 3.4 | 11.4 | 12.3 | 0.0 | 0.9 | 3.5 | 5.0 | 9.1 |
| Services | 15.7 | 9.7 | 0.9 | 0.9 | 7.4 | -0.9 | 1.4 | -0.1 | 0.8 | 2.8 | -2.1 |
| credit (exports) | 125.7 | 44.0 | 3.1 | 3.5 | 28.4 | 7.5 | 1.4 | 1.8 | 2.9 | 12.2 | 20.0 |
| as percentage of total | 100.0 | 35.0 | 2.5 | 2.8 | 22.6 | 6.0 | 1.1 | 1.4 | 2.3 | 9.7 | 15.9 |
| debit (imports) | 109.9 | 34.3 | 2.2 | 2.7 | 21.0 | 8.4 | 0.1 | 1.9 | 2.1 | 9.5 | 22.1 |
| as percentage of total | 100.0 | 31.2 | 2.0 | 2.4 | 19.1 | 7.6 | 0.0 | 1.7 | 1.9 | 8.6 | 20.1 |
| Income | -29.2 | -7.9 | 0.6 | -1.3 | -11.8 | 5.1 | -0.5 | -0.7 | -7.1 | -7.9 | -16.4 |
| credit | 159.4 | 59.5 | 2.9 | 4.9 | 42.0 | 8.0 | 1.7 | 2.4 | 3.2 | 10.5 | 31.8 |
| debit | 188.7 | 67.3 | 2.3 | 6.3 | 53.7 | 2.9 | 2.2 | 3.1 | 10.3 | 18.5 | 48.1 |
| of which: investment income | -30.9 | -7.9 | 0.6 | -1.3 | -11.9 | 6.2 | -1.5 | -0.7 | -7.1 | -9.4 | -16.4 |
| credit | 155.1 | 57.9 | 2.9 | 4.9 | 41.5 | 7.9 | 0.8 | 2.4 | 3.2 | 8.9 | 31.4 |
| debit | 186.0 | 65.8 | 2.3 | 6.2 | 53.3 | 1.7 | 2.2 | 3.1 | 10.3 | 18.3 | 47.9 |
| Current transfers | -17.1 | -8.5 | 0.0 | 0.1 | 1.6 | -0.4 | -9.8 | -0.3 | -0.0 | 0.3 | 1.1 |
| credit | 21.7 | 14.3 | 0.2 | 0.5 | 4.7 | 0.7 | 8.3 | 0.1 | 0.1 | 1.7 | 2.4 |
| debit | 38.8 | 22.8 | 0.2 | 0.4 | 3.1 | 1.1 | 18.1 | 0.4 | 0.1 | 1.4 | 1.3 |
| Capital account | 3.0 | 5.1 | -0.0 | -0.0 | -0.1 | -0.1 | 5.3 | -1.0 | -0.0 | -0.2 | 0.3 |
| credit | 7.3 | 5.9 | 0.0 | 0.0 | 0.2 | 0.0 | 5.6 | 0.0 | 0.0 | 0.1 | 1.0 |
| debit | 4.2 | 0.8 | 0.0 | 0.0 | 0.3 | 0.1 | 0.3 | 1.0 | 0.0 | 0.3 | 0.7 |
| Financial account balance1) | 87.2 | - | - | - | - | - | - | - | - | - | - |
| Direct investment | -49.2 | -15.2 | -1.5 | 4.6 | -11.2 | -7.1 | 0.0 | 5.5 | -1.9 | -2.8 | -14.0 |
| Abroad | -24.9 | 26.5 | -0.7 | 2.6 | 30.5 | -6.0 | 0.0 | 3.2 | -2.8 | -5.5 | -15.3 |
| Equity/reinvested earnings | -1.8 | 31.7 | -0.4 | 3.9 | 28.8 | -0.7 | 0.0 | 1.0 | -1.8 | 0.0 | -16.1 |
| Other capital | -23.1 | -5.1 | -0.3 | -1.3 | 1.8 | -5.4 | 0.0 | 2.2 | -1.0 | -5.5 | 0.8 |
| In the euro area | -24.2 | -41.8 | -0.9 | 1.9 | -41.8 | -1.0 | 0.0 | 2.3 | 0.9 | 2.7 | 1.3 |
| Equity/reinvested earnings | -27.6 | -38.8 | -0.9 | 0.2 | -38.3 | 0.2 | 0.0 | 0.3 | 1.1 | 1.8 | 3.5 |
| Other capital | 3.4 | -3.0 | 0.0 | 1.8 | -3.5 | -1.3 | 0.0 | 2.0 | -0.1 | 0.9 | -2.3 |
| Portfolio investment | 34.3 | - | - | - | - | - | - | - | - | - | - |
| Assets | -137.6 | -54.1 | -3.8 | -1.6 | -41.6 | -6.0 | -1.1 | -7.8 | -26.9 | 1.4 | -21.5 |
| Equity | -30.8 | -7.7 | -0.4 | 2.0 | -8.9 | -0.3 | -0.1 | -2.3 | -9.9 | -1.0 | -6.0 |
| Debt | -106.8 | -46.4 | -3.4 | -3.6 | -32.7 | -5.7 | -1.1 | -5.5 | -17.0 | 2.4 | -15.5 |
| Bonds and notes | -96.0 | -41.0 | -2.9 | -3.5 | -29.7 | -5.0 | 0.1 | -5.5 | -1.0 | -0.3 | -25.1 |
| Money market instruments | -10.8 | -5.4 | -0.5 | -0.0 | -3.0 | -0.7 | -1.2 | -0.0 | -16.0 | 2.7 | 9.6 |
| Liabilities | 172.0 | - | - | - | - | - | - | - | - | - | - |
| Equity | -20.7 | - | - | - | - | - | - | - | - | - | - |
| Debt | 192.7 | - | - | - | - | - | - | - | - | - | - |
| Bonds and notes | 171.8 | - | - | - | - | - | - | - | - | - | - |
| Money market instruments | 20.8 | - | - | - | - | - | - | - | - | - | - |
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | -14.8 | - | - | - | - | - | - | - | - | - | - |
| Financial derivatives | -9.1 | - | - | - | - | - | - | - | - | - | - |
| Other investment | 111.1 | 13.4 | -1.6 | -3.7 | 31.4 | -12.2 | -0.4 | 0.3 | 19.6 | 17.1 | 98.7 |
| Assets | 112.1 | 91.5 | -1.5 | 1.8 | 106.7 | -15.6 | 0.1 | -0.6 | 10.3 | -8.5 | 73.0 |
| General government | -6.2 | -6.1 | 0.8 | -0.1 | -6.4 | 0.1 | -0.6 | 0.0 | 0.0 | 0.0 | -0.1 |
| MFIs | 114.6 | 90.2 | -3.7 | 1.3 | 106.0 | -14.1 | 0.7 | 0.4 | 10.7 | -7.8 | 45.4 |
| Other sectors | 3.7 | 7.4 | 1.4 | 0.5 | 7.1 | -1.6 | -0.0 | -1.0 | -0.4 | -0.6 | 27.7 |
| Liabilities | -1.0 | -78.1 | -0.2 | -5.5 | -75.3 | 3.4 | -0.5 | 0.9 | 9.3 | 25.6 | 25.7 |
| General government | -0.6 | -1.8 | -0.0 | 0.0 | -0.3 | 0.0 | -1.5 | -0.0 | -0.0 | -0.0 | -0.2 |
| MFIs | 16.0 | -69.5 | -0.4 | -6.2 | -65.7 | 2.0 | 0.8 | 1.4 | 11.3 | 14.4 | 54.1 |
| Other sectors | -16.4 | -6.7 | 0.2 | 0.7 | -9.2 | 1.4 | 0.3 | -0.5 | -2.0 | 11.2 | -28.3 |
| Reserve assets | -0.0 | - | - | - | - | - | - | - | - | - | - |
| Errors and omissions | -65.7 | - | - | - | - | - | - | - | - | - | - |
Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q2 2008, 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 | - | - | - | -30.6 | - | - | - | - | |||||||
| credit | - | - | - | 272.0 | 9.7 | 21.8 | 8.0 | 25.0 | |||||||
| debit | - | - | - | 302.6 | - | - | - | - | |||||||
| Goods | - | - | - | -36.4 | -1.8 | -21.8 | 0.9 | -8.7 | |||||||
| credit (exports) | - | - | - | 172.0 | 5.2 | 16.9 | 6.1 | 19.1 | |||||||
| as percentage of total | - | - | - | 42.6 | 1.3 | 4.2 | 1.5 | 4.7 | |||||||
| debit (imports) | - | - | - | 208.4 | 6.9 | 38.7 | 5.2 | 27.8 | |||||||
| as percentage of total | - | - | - | 52.4 | 1.7 | 9.7 | 1.3 | 7.0 | |||||||
| Services | - | - | - | 4.7 | 0.6 | 0.8 | 0.4 | 0.7 | |||||||
| credit (exports) | - | - | - | 44.8 | 1.9 | 3.4 | 1.5 | 3.2 | |||||||
| as percentage of total | - | - | - | 35.6 | 1.5 | 2.7 | 1.2 | 2.6 | |||||||
| debit (imports) | - | - | - | 40.1 | 1.2 | 2.6 | 1.1 | 2.5 | |||||||
| as percentage of total | - | - | - | 36.4 | 1.1 | 2.4 | 1.0 | 2.3 | |||||||
| Income | - | - | - | 10.7 | - | - | - | - | |||||||
| credit | - | - | - | 52.1 | 2.7 | 1.4 | 0.5 | 2.6 | |||||||
| debit | - | - | - | 41.3 | - | - | - | - | |||||||
| of which: investment income | - | - | - | 10.6 | - | - | - | - | |||||||
| credit | - | - | - | 51.3 | 2.6 | 1.4 | 0.5 | 2.5 | |||||||
| debit | - | - | - | 40.7 | - | - | - | - | |||||||
| Current transfers | - | - | - | -9.6 | -0.3 | -0.4 | -0.1 | -0.1 | |||||||
| credit | - | - | - | 3.1 | 0.0 | 0.1 | 0.0 | 0.1 | |||||||
| debit | - | - | - | 12.7 | 0.3 | 0.5 | 0.2 | 0.1 | |||||||
| Capital account | - | - | - | -1.3 | -0.0 | -0.0 | -0.0 | -0.0 | |||||||
| credit | - | - | - | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| debit | - | - | - | 1.5 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| Financial account balance1) | - | - | - | - | - | - | - | - | |||||||
| Direct investment | 1.2 | -0.1 | -0.0 | -22.0 | -0.1 | -1.2 | -0.5 | -4.0 | |||||||
| Abroad | -4.1 | -0.3 | -0.0 | -27.0 | -1.0 | -1.0 | -0.6 | -3.7 | |||||||
| Equity/reinvested earnings | -3.5 | -0.3 | -0.0 | -13.1 | -1.6 | -1.1 | -0.6 | -1.6 | |||||||
| Other capital | -0.7 | 0.0 | -0.0 | -13.9 | 0.6 | 0.1 | -0.0 | -2.2 | |||||||
| In the euro area | 5.3 | 0.2 | 0.0 | 5.0 | 0.9 | -0.1 | 0.1 | -0.3 | |||||||
| Equity/reinvested earnings | 2.7 | 0.0 | 0.0 | 1.7 | 0.1 | 0.0 | 0.1 | 0.5 | |||||||
| Other capital | 2.6 | 0.1 | 0.0 | 3.2 | 0.8 | -0.2 | 0.1 | -0.8 | |||||||
| Portfolio investment | - | - | - | - | - | - | - | - | |||||||
| Assets | 5.1 | -0.5 | -3.1 | -30.8 | -0.6 | -1.3 | 0.1 | -2.9 | |||||||
| Equity | 2.9 | -0.5 | -0.0 | -6.9 | -1.7 | -1.0 | 0.2 | -2.4 | |||||||
| Debt | 2.2 | -0.0 | -3.1 | -23.9 | 1.1 | -0.3 | -0.1 | -0.5 | |||||||
| Bonds and notes | 10.8 | -0.0 | -3.1 | -30.8 | -0.3 | -0.2 | -0.1 | -0.6 | |||||||
| Money market instruments | -8.6 | 0.0 | 0.1 | 6.9 | 1.4 | -0.1 | -0.0 | 0.1 | |||||||
| Other investment | -5.9 | -2.6 | -6.7 | -25.4 | -1.9 | -8.7 | -3.6 | -2.6 | |||||||
| Assets | -21.2 | -9.1 | -0.9 | -31.6 | -1.2 | -1.9 | -2.2 | -9.7 | |||||||
| General government | 0.0 | 0.0 | -0.4 | 0.4 | 0.0 | -0.0 | 0.0 | 0.0 | |||||||
| MFIs | -13.6 | -8.4 | -0.5 | -10.3 | -0.3 | -1.2 | -2.0 | -4.9 | |||||||
| Other sectors | -7.6 | -0.8 | -0.0 | -21.7 | -0.9 | -0.7 | -0.2 | -4.8 | |||||||
| Liabilities | 15.3 | 6.5 | -5.8 | 6.2 | -0.7 | -6.8 | -1.4 | 7.2 | |||||||
| General government | 0.1 | 0.0 | 0.9 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| MFIs | 10.0 | 6.9 | -6.7 | 1.1 | -0.8 | -6.8 | -1.5 | 6.3 | |||||||
| Other sectors | 5.2 | -0.3 | 0.0 | 4.6 | 0.1 | 0.0 | 0.1 | 0.8 | |||||||
| Reserve assets | - | - | - | - | - | - | - | - | |||||||
| Errors and omissions | - | - | - | - | - | - | - | - | |||||||