Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q2 2006, 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 | -7.6 | 20.7 | 2.1 | 0.7 | 13.1 | 13.1 | -8.4 | 2.3 | -8.1 | 2.9 | 8.9 | - | - | -34.3 | |
| credit | 578.9 | 207.1 | 11.7 | 19.8 | 109.9 | 56.2 | 9.5 | 8.1 | 13.5 | 40.6 | 98.6 | - | - | 211.0 | |
| debit | 586.5 | 186.5 | 9.5 | 19.0 | 96.8 | 43.2 | 17.9 | 5.8 | 21.6 | 37.7 | 89.6 | - | - | 245.3 | |
| Goods | 6.3 | 23.5 | 1.3 | 1.0 | 11.2 | 9.9 | 0.0 | 1.9 | -5.1 | 1.7 | 16.8 | - | - | -32.4 | |
| credit (exports) | 341.8 | 120.2 | 7.8 | 12.3 | 55.5 | 44.5 | 0.0 | 4.5 | 7.9 | 18.9 | 50.6 | - | - | 139.7 | |
| as percentage of total | 100.0 | 35.2 | 2.3 | 3.6 | 16.3 | 13.0 | 0.0 | 1.3 | 2.3 | 5.5 | 14.8 | - | - | 40.9 | |
| debit (imports) | 335.4 | 96.7 | 6.5 | 11.3 | 44.3 | 34.6 | 0.0 | 2.5 | 13.0 | 17.1 | 33.9 | - | - | 172.1 | |
| as percentage of total | 100.0 | 28.8 | 2.0 | 3.4 | 13.2 | 10.3 | 0.0 | 0.8 | 3.9 | 5.1 | 10.1 | - | - | 51.3 | |
| Services | 12.1 | 5.5 | 0.4 | 0.6 | 4.5 | -1.3 | 1.3 | 0.5 | 1.2 | 3.9 | -0.7 | - | - | 1.8 | |
| credit (exports) | 106.6 | 36.3 | 2.1 | 2.9 | 24.8 | 5.1 | 1.3 | 1.8 | 3.0 | 10.9 | 20.0 | - | - | 34.5 | |
| as percentage of total | 100.0 | 34.1 | 2.0 | 2.8 | 23.3 | 4.8 | 1.2 | 1.7 | 2.8 | 10.3 | 18.8 | - | - | 32.3 | |
| debit (imports) | 94.5 | 30.9 | 1.7 | 2.3 | 20.4 | 6.4 | 0.0 | 1.3 | 1.8 | 7.1 | 20.7 | - | - | 32.7 | |
| as percentage of total | 100.0 | 32.6 | 1.8 | 2.5 | 21.6 | 6.8 | 0.0 | 1.4 | 2.0 | 7.5 | 21.9 | - | - | 34.6 | |
| Income | -10.3 | -0.2 | 0.4 | -0.9 | -3.6 | 4.2 | -0.3 | -0.0 | -4.1 | -3.0 | -7.6 | - | - | 4.7 | |
| credit | 113.2 | 40.1 | 1.5 | 4.3 | 26.7 | 6.0 | 1.5 | 1.7 | 2.5 | 9.3 | 26.0 | - | - | 33.5 | |
| debit | 123.5 | 40.3 | 1.2 | 5.2 | 30.3 | 1.8 | 1.8 | 1.8 | 6.6 | 12.4 | 33.6 | - | - | 28.8 | |
| of which: investment income | -11.5 | -0.2 | 0.4 | -0.9 | -3.8 | 5.2 | -1.1 | -0.0 | -4.1 | -4.4 | -7.8 | - | - | 5.0 | |
| credit | 109.1 | 38.8 | 1.5 | 4.3 | 26.3 | 6.0 | 0.7 | 1.7 | 2.5 | 7.8 | 25.7 | - | - | 32.6 | |
| debit | 120.6 | 39.0 | 1.1 | 5.2 | 30.0 | 0.8 | 1.8 | 1.7 | 6.6 | 12.3 | 33.4 | - | - | 27.5 | |
| Current transfers | -15.8 | -8.1 | 0.0 | -0.0 | 1.0 | 0.3 | -9.4 | -0.1 | -0.0 | 0.3 | 0.4 | - | - | -8.4 | |
| credit | 17.3 | 10.5 | 0.2 | 0.2 | 2.9 | 0.6 | 6.7 | 0.1 | 0.1 | 1.5 | 1.9 | - | - | 3.3 | |
| debit | 33.1 | 18.6 | 0.1 | 0.2 | 1.9 | 0.3 | 16.1 | 0.2 | 0.1 | 1.2 | 1.4 | - | - | 11.7 | |
| Capital account | 1.0 | 3.5 | 0.0 | -0.1 | 0.0 | -0.0 | 3.5 | -0.0 | -0.0 | 0.0 | 0.0 | - | - | -2.5 | |
| credit | 4.6 | 3.8 | 0.0 | 0.0 | 0.2 | 0.0 | 3.6 | 0.0 | 0.0 | 0.1 | 0.1 | - | - | 0.7 | |
| debit | 3.6 | 0.3 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | - | - | 3.1 | |
| Financial account balance1) | 51.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Direct investment | -12.1 | -34.1 | 0.6 | 5.5 | -30.7 | -9.5 | -0.0 | -1.7 | 8.6 | 11.5 | -8.1 | 26.2 | -0.0 | -14.5 | |
| Abroad | -111.0 | -89.7 | -0.1 | 5.2 | -85.1 | -9.6 | -0.0 | -2.2 | 8.4 | 5.9 | -15.3 | -0.0 | -0.0 | -18.3 | |
| Equity/reinvested earnings | -88.7 | -79.6 | -0.1 | 5.7 | -77.3 | -7.9 | -0.0 | 1.8 | 9.0 | 4.6 | -9.2 | -0.6 | 0.0 | -14.6 | |
| Other capital | -22.4 | -10.1 | 0.1 | -0.5 | -7.8 | -1.8 | 0.0 | -4.0 | -0.6 | 1.3 | -6.0 | 0.6 | -0.0 | -3.6 | |
| In the euro area | 98.9 | 55.5 | 0.7 | 0.3 | 54.5 | 0.1 | -0.0 | 0.5 | 0.1 | 5.6 | 7.2 | 26.3 | -0.0 | 3.8 | |
| Equity/reinvested earnings | 86.6 | 45.6 | 0.1 | 1.0 | 44.8 | -0.3 | 0.0 | 0.3 | 0.4 | 7.0 | 3.7 | 28.0 | -0.0 | 1.6 | |
| Other capital | 12.3 | 9.9 | 0.5 | -0.7 | 9.7 | 0.4 | -0.0 | 0.2 | -0.3 | -1.5 | 3.5 | -1.8 | 0.0 | 2.2 | |
| Portfolio investment | 98.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Assets | -41.0 | -3.7 | 3.4 | -2.6 | -6.4 | 0.2 | 1.7 | 0.2 | -10.1 | 2.6 | -21.9 | -16.5 | -2.5 | 11.0 | |
| Equity | 19.1 | 16.9 | -0.1 | -0.7 | 16.7 | 1.0 | 0.0 | 0.0 | 2.0 | 4.8 | -3.6 | -6.4 | -0.1 | 5.5 | |
| Debt | -60.1 | -20.6 | 3.5 | -1.9 | -23.1 | -0.8 | 1.7 | 0.2 | -12.1 | -2.3 | -18.3 | -10.1 | -2.4 | 5.5 | |
| Bonds and notes | -49.1 | -29.7 | 3.1 | 1.0 | -34.4 | -1.1 | 1.7 | 0.9 | -1.2 | -0.8 | -12.9 | -9.9 | 0.6 | 3.7 | |
| Money market instruments | -11.0 | 9.1 | 0.4 | -2.9 | 11.3 | 0.3 | 0.0 | -0.7 | -11.0 | -1.5 | -5.4 | -0.2 | -3.0 | 1.8 | |
| Liabilities | 139.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Equity | 35.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Debt | 104.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Bonds and notes | 115.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Money market instruments | -11.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Financial derivatives | -1.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Other investment | -32.5 | -10.3 | 1.4 | 6.6 | -9.0 | -8.4 | -0.9 | -0.1 | -5.7 | -4.2 | 23.3 | -23.5 | 1.7 | -13.7 | |
| Assets | -103.9 | -51.4 | -17.5 | 5.4 | -30.5 | -8.5 | -0.3 | 0.8 | 4.9 | -8.7 | 6.0 | -32.6 | -0.5 | -22.4 | |
| General government | -11.2 | -11.9 | -0.7 | -0.8 | -9.9 | -0.0 | -0.4 | -0.2 | -0.0 | 0.0 | -0.0 | 0.0 | -0.5 | 1.4 | |
| MFIs | -56.8 | -11.8 | -17.2 | 8.0 | 4.4 | -7.2 | 0.2 | 0.6 | 5.3 | -7.5 | 0.8 | -25.8 | -0.1 | -18.4 | |
| Other sectors | -35.9 | -27.7 | 0.4 | -1.7 | -25.0 | -1.3 | -0.0 | 0.4 | -0.3 | -1.2 | 5.2 | -6.8 | 0.0 | -5.5 | |
| Liabilities | 71.4 | 41.0 | 19.0 | 1.1 | 21.5 | 0.1 | -0.6 | -0.9 | -10.6 | 4.5 | 17.4 | 9.1 | 2.2 | 8.7 | |
| General government | 0.3 | 0.0 | 0.0 | 0.0 | -0.3 | 0.0 | 0.4 | 0.0 | -0.0 | -0.3 | -0.2 | 0.1 | 0.6 | 0.2 | |
| MFIs | 12.5 | 8.6 | 18.8 | 0.7 | -8.2 | -0.8 | -2.0 | -0.8 | -10.7 | 8.6 | 6.2 | 4.2 | 1.5 | -5.2 | |
| Other sectors | 58.6 | 32.4 | 0.1 | 0.4 | 30.0 | 0.9 | 1.0 | -0.1 | 0.2 | -3.8 | 11.3 | 4.9 | -0.0 | 13.8 | |
| Reserve assets | -1.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Errors and omissions | -44.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | |