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 | November 2013 (revised) | December 2013 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| December 2012 | December 2013 | ||||||||||||||
| 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 | 126.2 | 3,179.0 | 3,052.7 | 216.7 | 3,195.0 | 2,978.3 | 27.2 | 265.4 | 238.2 | 33.2 | 275.4 | 242.2 | |||
| Goods | 94.9 | 1,919.5 | 1,824.6 | 173.4 | 1,935.5 | 1,762.1 | 18.9 | 166.2 | 147.3 | 13.9 | 153.8 | 139.9 | |||
| Services | 88.7 | 626.6 | 537.9 | 105.4 | 651.6 | 546.2 | 7.6 | 51.9 | 44.3 | 10.1 | 58.7 | 48.6 | |||
| Income | 49.3 | 535.5 | 486.1 | 62.5 | 512.3 | 449.8 | 6.3 | 38.8 | 32.5 | 11.9 | 47.2 | 35.4 | |||
| Current transfers | -106.8 | 97.3 | 204.1 | -124.7 | 95.6 | 220.3 | -5.6 | 8.5 | 14.1 | -2.7 | 15.6 | 18.3 | |||
| CAPITAL ACCOUNT | 5.0 | 28.8 | 23.8 | 18.1 | 29.4 | 11.3 | 1.7 | 2.3 | 0.5 | 2.3 | 4.1 | 1.8 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | -140.9 | -246.5 | -27.1 | -49.6 | |||||||||||
| DIRECTINVESTMENT2) | -3.6 | -329.9 | 326.3 | -116.7 | -198.3 | 81.6 | -11.8 | -19.8 | 8.0 | 4.1 | -6.3 | 10.3 | |||
| Equity capital and reinvested earnings | 56.2 | -190.0 | 246.2 | -66.0 | -126.7 | 60.6 | -2.3 | -9.0 | 6.8 | 2.7 | -3.6 | 6.2 | |||
| Other capital (mostly inter-company loans) | -59.7 | -139.9 | 80.1 | -50.7 | -71.6 | 20.9 | -9.5 | -10.8 | 1.3 | 1.4 | -2.7 | 4.1 | |||
| PORTFOLIO INVESTMENT | 72.3 | -186.4 | 258.7 | 142.2 | -222.7 | 365.0 | 59.4 | -11.7 | 71.1 | -6.8 | -14.7 | 7.9 | |||
| Equity | 86.5 | -57.6 | 144.1 | 110.6 | -136.5 | 247.1 | 12.5 | -0.4 | 12.9 | 26.1 | -7.0 | 33.2 | |||
| Debt instruments | -14.2 | -128.8 | 114.6 | 31.6 | -86.3 | 117.9 | 46.9 | -11.3 | 58.2 | -32.9 | -7.7 | -25.2 | |||
| Bonds and notes | -7.2 | -126.5 | 119.3 | 26.8 | -68.6 | 95.4 | 47.4 | -7.8 | 55.3 | 12.6 | 1.4 | 11.3 | |||
| Money market instruments | -7.0 | -2.3 | -4.7 | 4.8 | -17.7 | 22.5 | -0.5 | -3.4 | 2.9 | -45.5 | -9.0 | -36.5 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 68.8 | -516.2 | 585.0 | 25.5 | -421.1 | 446.6 | 47.6 | -31.5 | 79.1 | -2.7 | -21.0 | 18.3 | |||
| FINANCIAL DERIVATIVES (NET) | 3.4 | 13.5 | -4.9 | 2.3 | |||||||||||
| OTHER INVESTMENT | -199.2 | 4.8 | -204.0 | -281.2 | 117.1 | -398.3 | -70.1 | -34.4 | -35.7 | -47.8 | 97.8 | -145.7 | |||
| Eurosystem | 13.8 | -5.2 | 19.0 | -61.2 | 20.4 | -81.6 | -4.2 | 5.2 | -9.3 | 0.6 | -0.9 | 1.4 | |||
| General government | -1.0 | -4.7 | 3.7 | 5.9 | 10.8 | -4.9 | -5.8 | -5.1 | -0.6 | -3.3 | 0.7 | -4.0 | |||
| of which: currency and deposits | 1.0 | 1.0 | 2.0 | 2.0 | -4.0 | -4.0 | 1.6 | 1.6 | |||||||
| MFIs (excluding the Eurosystem) | -112.2 | 122.4 | -234.6 | -263.1 | 65.7 | -328.8 | -33.4 | -5.7 | -27.7 | -52.4 | 99.9 | -152.3 | |||
| Long-term | 12.6 | 28.4 | -15.8 | 59.6 | 133.8 | -74.2 | -10.1 | -6.5 | -3.6 | 48.9 | 54.3 | -5.4 | |||
| Short-term | -124.8 | 93.9 | -218.7 | -322.7 | -68.2 | -254.6 | -23.3 | 0.8 | -24.1 | -101.3 | 45.6 | -146.9 | |||
| Other sectors | -99.9 | -107.7 | 7.8 | 37.2 | 20.3 | 16.9 | -26.8 | -28.8 | 2.0 | 7.3 | -1.9 | 9.2 | |||
| of which: currency and deposits | -37.7 | -37.7 | -28.2 | -28.2 | -23.0 | -23.0 | -7.6 | -7.6 | |||||||
| RESERVE ASSETS | -13.9 | -13.9 | -4.3 | -4.3 | 0.2 | 0.2 | -1.3 | -1.3 | |||||||
| Errors and omissions | 9.8 | 11.7 | -1.8 | 14.0 | |||||||||||