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						August 2017			September 2017
	September 2016			September 2017
		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	366.4	3,669.7	3,303.3	348.3	3,834.5	3,486.2	30.8	307.2	276.5	41.8	327.8	286.0
	Goods	381.8	2,123.8	1,742.1	342.6	2,233.8	1,891.2	23.6	176.3	152.6	34.1	193.5	159.4
	Services	48.6	784.7	736.0	61.9	824.1	762.3	7.2	71.9	64.7	10.9	73.6	62.6
	Primary income	71.3	651.5	580.2	90.0	668.0	578.0	10.4	51.3	40.9	8.7	52.1	43.4
	Secondary income	-135.3	109.7	245.0	-146.1	108.5	254.7	-10.5	7.8	18.3	-12.0	8.6	20.6
CAPITAL ACCOUNT	8.8	40.5	31.7	-19.5	29.6	49.1	0.4	1.7	1.3	-0.2	1.7	1.9
	Net	Assets	Liabilities	Net	Assets	Liabilities	Net	Assets	Liabilities	Net	Assets	Liabilities
FINANCIAL ACCOUNT 1)	358.2	1,207.0	848.8	366.9	991.5	624.7	37.9	54.9	17.0	80.5	20.4	-60.1
Direct investment	136.0	611.9	475.8	42.8	186.8	144.1	-8.0	10.9	18.9	9.5	11.6	2.0
Equity	194.2	603.1	408.9	173.6	128.0	-45.6	5.7	4.1	-1.6	16.4	20.3	3.9
Debt instruments	-58.2	8.8	66.9	-130.9	58.8	189.7	-13.7	6.8	20.5	-6.8	-8.7	-1.9
Portfolio investment	534.7	475.3	-59.4	372.1	545.1	173.0	93.4	68.6	-24.8	48.4	40.6	-7.8
Equity	-175.7	-4.7	171.0	-158.1	162.3	320.4	3.4	21.8	18.5	-15.8	4.5	20.3
Debt securities	710.4	480.0	-230.4	530.2	382.8	-147.4	90.1	46.8	-43.3	64.1	36.1	-28.1
Short-term	34.6	59.9	25.3	-9.7	24.7	34.4	11.7	7.9	-3.8	6.8	20.8	14.0
Long-term	675.8	420.1	-255.8	539.9	358.1	-181.8	78.4	39.0	-39.5	57.4	15.3	-42.1
Memo: Direct and portfolio investment	670.7	1,087.1	416.4	414.9	731.9	317.0	85.4	79.6	-5.9	57.9	52.2	-5.7
Financial derivatives	57.9			16.7			-7.9			-7.8
Other investment	-385.9	46.5	432.4	-65.7	241.9	307.6	-38.9	-16.0	22.9	24.0	-30.4	-54.3
Eurosystem	-62.5	2.4	64.9	-138.4	-2.9	135.5	-15.8	-0.5	15.4	-29.9	2.2	32.1
MFIs (excluding the Eurosystem)	-239.3	-28.2	211.0	59.7	153.1	93.3	-13.8	-13.9	-0.1	27.1	-43.5	-70.6
General government	8.3	11.3	3.0	-7.5	-11.1	-3.5	3.3	2.2	-1.1	-5.0	-1.5	3.5
Other sectors	-92.4	61.1	153.5	20.5	102.8	82.3	-12.7	-3.9	8.8	31.8	12.4	-19.4
Of which: currency and deposits	-380.9	-76.4	304.6	-124.5	89.9	214.5	-30.8	-11.6	19.2	17.2	-29.1	-46.3
Reserve assets		15.5			1.0			-0.7			6.4
Errors and omissions	-16.9			38.1			6.7			38.8