Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, otherwise indicated; transactions in Q3 2005, non-seasonally adjusted data)
| Total | European Union | Canada | Japan | Switzer-land | UnitedStates | Offshorefinancialcentres | Interna-tionalorgani-sations | Othercountries | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Denmark | Sweden | UnitedKingdom | Other EUcountries | EUinsti-tutions | ||||||||||
| Source: ECB. | |||||||||||||||
| ( 1 ) Financial account: inflows (+); outflows (−). Reserve assets: increase (−); decrease (+). | |||||||||||||||
| Current account | -3.8 | 20.7 | 1.7 | 0.9 | 22.8 | 6.3 | -11.0 | 1.7 | -6.0 | 1.8 | 10.0 | - | - | -32.2 | |
| credit | 505.6 | 181.6 | 10.6 | 15.4 | 101.6 | 43.9 | 10.0 | 7.0 | 12.8 | 32.3 | 86.7 | - | - | 185.1 | |
| debit | 509.4 | 160.8 | 8.9 | 14.5 | 78.9 | 37.6 | 20.9 | 5.3 | 18.8 | 30.4 | 76.7 | - | - | 217.3 | |
| Goods | 16.3 | 23.4 | 1.2 | 1.0 | 14.3 | 6.8 | 0.1 | 1.7 | -3.5 | 2.8 | 18.1 | - | - | -26.1 | |
| credit (exports) | 309.2 | 105.3 | 7.3 | 10.5 | 52.0 | 35.4 | 0.1 | 4.0 | 8.4 | 16.9 | 46.3 | - | - | 128.3 | |
| as percentage of total | 100.0 | 34.1 | 2.4 | 3.4 | 16.8 | 11.5 | 0.0 | 1.3 | 2.7 | 5.5 | 15.0 | - | - | 41.5 | |
| debit (imports) | 292.8 | 81.9 | 6.1 | 9.5 | 37.7 | 28.7 | 0.0 | 2.3 | 11.9 | 14.1 | 28.1 | - | - | 154.4 | |
| as percentage of total | 100.0 | 28.0 | 2.1 | 3.2 | 12.9 | 9.8 | 0.0 | 0.8 | 4.1 | 4.8 | 9.6 | - | - | 52.7 | |
| Services | 8.1 | 8.3 | 0.3 | 0.4 | 8.5 | -1.9 | 0.9 | -0.3 | 1.1 | 2.1 | -0.6 | - | - | -2.4 | |
| credit (exports) | 107.1 | 39.5 | 2.2 | 2.8 | 28.1 | 5.4 | 1.0 | 1.6 | 3.0 | 9.8 | 19.4 | - | - | 33.7 | |
| as percentage of total | 100.0 | 36.9 | 2.1 | 2.6 | 26.2 | 5.0 | 0.9 | 1.5 | 2.8 | 9.2 | 18.1 | - | - | 31.5 | |
| debit (imports) | 99.0 | 31.3 | 1.9 | 2.5 | 19.6 | 7.2 | 0.1 | 1.9 | 1.9 | 7.7 | 20.0 | - | - | 36.2 | |
| as percentage of total | 100.0 | 31.6 | 1.9 | 2.5 | 19.8 | 7.3 | 0.1 | 1.9 | 1.9 | 7.8 | 20.3 | - | - | 36.6 | |
| Income | -9.0 | 1.1 | 0.2 | -0.5 | -0.3 | 1.4 | 0.3 | 0.7 | -3.6 | -3.3 | -6.9 | - | - | 3.0 | |
| credit | 73.9 | 26.8 | 1.0 | 2.0 | 19.6 | 2.8 | 1.5 | 1.3 | 1.3 | 4.2 | 19.4 | - | - | 20.9 | |
| debit | 82.8 | 25.7 | 0.8 | 2.4 | 19.8 | 1.4 | 1.2 | 0.7 | 4.9 | 7.4 | 26.3 | - | - | 17.9 | |
| of which: investment income | -10.8 | 0.8 | 0.2 | -0.5 | -0.4 | 2.0 | -0.5 | 0.7 | -3.6 | -4.7 | -7.0 | - | - | 2.9 | |
| credit | 70.1 | 25.5 | 1.0 | 1.9 | 19.2 | 2.7 | 0.6 | 1.3 | 1.3 | 2.6 | 19.1 | - | - | 20.3 | |
| debit | 80.9 | 24.6 | 0.8 | 2.4 | 19.6 | 0.7 | 1.2 | 0.6 | 4.9 | 7.3 | 26.0 | - | - | 17.4 | |
| Current transfers | -19.3 | -12.0 | -0.0 | -0.0 | 0.2 | 0.0 | -12.2 | -0.3 | -0.0 | 0.2 | -0.6 | - | - | -6.6 | |
| credit | 15.4 | 10.0 | 0.1 | 0.1 | 1.9 | 0.4 | 7.5 | 0.2 | 0.1 | 1.4 | 1.6 | - | - | 2.2 | |
| debit | 34.7 | 22.0 | 0.1 | 0.2 | 1.7 | 0.4 | 19.7 | 0.4 | 0.1 | 1.2 | 2.3 | - | - | 8.8 | |
| Capital account | 3.0 | 3.3 | -0.0 | -0.0 | 0.1 | 0.0 | 3.2 | -0.0 | 0.0 | 0.1 | -0.0 | - | - | -0.4 | |
| credit | 4.8 | 3.7 | 0.0 | 0.0 | 0.3 | 0.1 | 3.3 | 0.0 | 0.0 | 0.2 | 0.1 | - | - | 0.8 | |
| debit | 1.8 | 0.3 | 0.0 | 0.0 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | - | - | 1.2 | |
| Financial account balance1) | 29.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Direct investment | -97.6 | -73.9 | 0.9 | 1.0 | -76.0 | 0.3 | -0.0 | -0.4 | 0.2 | -0.8 | -11.3 | -2.4 | 0.0 | -9.1 | |
| Abroad | -102.6 | -90.3 | 0.6 | 0.8 | -90.8 | -0.8 | -0.0 | -0.6 | -0.2 | -1.1 | 1.4 | -4.6 | -0.0 | -7.2 | |
| Equity/reinvested earnings | -78.3 | -75.9 | -0.3 | 0.6 | -75.1 | -1.1 | -0.0 | -0.7 | -0.1 | -1.6 | 3.2 | 1.0 | 0.0 | -4.2 | |
| Other capital | -24.3 | -14.4 | 0.8 | 0.2 | -15.7 | 0.3 | -0.0 | 0.1 | -0.1 | 0.5 | -1.8 | -5.6 | -0.0 | -3.0 | |
| In the euro area | 4.9 | 16.3 | 0.3 | 0.2 | 14.7 | 1.1 | 0.0 | 0.2 | 0.4 | 0.3 | -12.7 | 2.2 | 0.0 | -1.9 | |
| Equity/reinvested earnings | -8.8 | 4.2 | 0.2 | 0.4 | 3.4 | 0.1 | 0.0 | 0.1 | 0.2 | -4.8 | -8.7 | 0.6 | -0.0 | -0.3 | |
| Other capital | 13.7 | 12.1 | 0.1 | -0.2 | 11.3 | 1.0 | 0.0 | 0.1 | 0.3 | 5.1 | -3.9 | 1.6 | 0.0 | -1.6 | |
| Portfolio investment | 92.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Assets | -109.3 | -49.7 | -3.4 | -6.0 | -25.5 | -5.8 | -9.0 | -2.9 | 0.5 | -1.0 | -24.2 | -7.6 | 0.1 | -24.4 | |
| Equity | -31.6 | -0.2 | -0.3 | -1.9 | 4.1 | -2.1 | 0.0 | -2.5 | -5.0 | -0.3 | -5.3 | -1.0 | 0.0 | -17.4 | |
| Debt | -77.7 | -49.5 | -3.1 | -4.1 | -29.6 | -3.6 | -9.0 | -0.5 | 5.5 | -0.7 | -18.9 | -6.6 | 0.1 | -7.1 | |
| Bonds and notes | -75.6 | -34.8 | -2.4 | -2.6 | -16.6 | -3.6 | -9.6 | -0.9 | -1.2 | -0.5 | -21.9 | -9.6 | 0.1 | -6.8 | |
| Money market instruments | -2.1 | -14.7 | -0.7 | -1.5 | -13.0 | -0.1 | 0.5 | 0.4 | 6.7 | -0.2 | 2.9 | 3.0 | 0.0 | -0.2 | |
| Liabilities | 201.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Equity | 149.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Debt | 52.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Bonds and notes | 28.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Money market instruments | 23.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Financial derivatives | -8.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Other investment | 41.3 | -6.2 | -11.1 | 4.6 | -8.8 | 1.1 | 8.1 | -1.5 | 11.4 | -2.8 | 9.6 | 12.7 | 1.0 | 17.2 | |
| Assets | -104.0 | -84.8 | -9.0 | 4.4 | -75.3 | -4.8 | -0.1 | -2.3 | 1.6 | -6.1 | 10.8 | -8.8 | -0.6 | -13.8 | |
| General government | 7.3 | 2.3 | 1.8 | -0.0 | 0.7 | 0.0 | -0.2 | 0.2 | 0.0 | 0.0 | -0.0 | 0.0 | -0.2 | 5.0 | |
| MFIs | -85.1 | -60.2 | -10.3 | 3.1 | -49.0 | -3.9 | -0.1 | -2.3 | 1.5 | -6.3 | 3.7 | -5.4 | -0.2 | -15.9 | |
| Other sectors | -26.2 | -26.9 | -0.4 | 1.3 | -26.9 | -1.0 | 0.2 | -0.2 | 0.1 | 0.2 | 7.1 | -3.4 | -0.2 | -2.8 | |
| Liabilities | 145.3 | 78.6 | -2.1 | 0.2 | 66.5 | 5.9 | 8.1 | 0.8 | 9.8 | 3.3 | -1.2 | 21.4 | 1.6 | 31.0 | |
| General government | 1.2 | 2.5 | -0.0 | -0.0 | -0.7 | 0.0 | 3.2 | 0.0 | 0.1 | 0.0 | -0.2 | -0.1 | -0.0 | -1.1 | |
| MFIs | 129.4 | 63.4 | -2.1 | -0.2 | 55.0 | 5.9 | 4.9 | 0.5 | 8.8 | 2.2 | 6.2 | 20.0 | 1.5 | 26.7 | |
| Other sectors | 14.7 | 12.7 | 0.0 | 0.4 | 12.2 | -0.0 | 0.1 | 0.3 | 0.8 | 1.0 | -7.2 | 1.5 | 0.2 | 5.4 | |
| Reserve assets | 2.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Errors and omissions | -29.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |