Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q4 2006, non-seasonally adjusted data)
| Total | European Union 27 (outside the euro area) | 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 | 21.3 | 33.5 | 2.5 | -0.3 | 21.1 | 14.2 | -4.0 | 2.4 | -8.6 | 6.1 | 16.2 | - | - | -28.3 | |
| credit | 632.9 | 241.3 | 13.0 | 19.4 | 121.5 | 66.3 | 21.1 | 8.2 | 14.0 | 41.6 | 100.9 | - | - | 226.9 | |
| debit | 611.6 | 207.8 | 10.4 | 19.7 | 100.4 | 52.1 | 25.1 | 5.8 | 22.6 | 35.6 | 84.7 | - | - | 255.2 | |
| Goods | 19.7 | 27.3 | 1.2 | 1.0 | 13.4 | 11.6 | 0.0 | 1.6 | -4.5 | 3.9 | 17.6 | - | - | -26.1 | |
| credit (exports) | 374.1 | 133.5 | 8.4 | 13.7 | 57.6 | 53.6 | 0.0 | 4.5 | 8.9 | 21.6 | 52.1 | - | - | 153.5 | |
| as percentage of total | 100.0 | 35.7 | 2.3 | 3.7 | 15.4 | 14.3 | 0.0 | 1.2 | 2.4 | 5.8 | 13.9 | - | - | 41.0 | |
| debit (imports) | 354.4 | 106.2 | 7.2 | 12.7 | 44.2 | 42.0 | 0.0 | 3.0 | 13.4 | 17.7 | 34.5 | - | - | 179.7 | |
| as percentage of total | 100.0 | 30.0 | 2.0 | 3.6 | 12.5 | 11.9 | 0.0 | 0.8 | 3.8 | 5.0 | 9.7 | - | - | 50.7 | |
| Services | 9.3 | 6.6 | 0.3 | 0.7 | 4.6 | -0.4 | 1.3 | 0.0 | 0.8 | 3.5 | -2.5 | - | - | 0.9 | |
| credit (exports) | 110.6 | 39.8 | 2.2 | 2.9 | 26.7 | 6.7 | 1.4 | 1.4 | 2.8 | 11.1 | 20.3 | - | - | 35.2 | |
| as percentage of total | 100.0 | 36.0 | 2.0 | 2.6 | 24.1 | 6.0 | 1.2 | 1.3 | 2.5 | 10.0 | 18.3 | - | - | 31.9 | |
| debit (imports) | 101.3 | 33.2 | 1.9 | 2.2 | 22.1 | 7.0 | 0.0 | 1.4 | 2.0 | 7.6 | 22.8 | - | - | 34.3 | |
| as percentage of total | 100.0 | 32.8 | 1.9 | 2.2 | 21.8 | 6.9 | 0.0 | 1.3 | 2.0 | 7.5 | 22.5 | - | - | 33.9 | |
| Income | 7.1 | 4.8 | 1.1 | -2.0 | 3.1 | 3.2 | -0.5 | 1.1 | -4.8 | -1.4 | 1.3 | - | - | 6.2 | |
| credit | 120.6 | 46.7 | 2.2 | 2.6 | 35.0 | 5.4 | 1.6 | 2.1 | 2.3 | 7.4 | 27.0 | - | - | 35.2 | |
| debit | 113.5 | 41.9 | 1.2 | 4.6 | 31.9 | 2.2 | 2.1 | 1.0 | 7.0 | 8.8 | 25.7 | - | - | 29.0 | |
| of which: investment income | 5.5 | 4.9 | 1.0 | -2.0 | 2.9 | 4.3 | -1.3 | 1.1 | -4.8 | -3.0 | 1.1 | - | - | 6.1 | |
| credit | 116.5 | 45.4 | 2.2 | 2.6 | 34.5 | 5.3 | 0.7 | 2.1 | 2.2 | 5.7 | 26.6 | - | - | 34.5 | |
| debit | 111.0 | 40.5 | 1.2 | 4.6 | 31.6 | 1.0 | 2.1 | 1.0 | 7.0 | 8.7 | 25.5 | - | - | 28.4 | |
| Current transfers | -14.9 | -5.2 | -0.0 | -0.0 | -0.1 | -0.2 | -4.9 | -0.3 | -0.1 | 0.1 | -0.1 | - | - | -9.3 | |
| credit | 27.5 | 21.3 | 0.1 | 0.1 | 2.2 | 0.7 | 18.2 | 0.1 | 0.1 | 1.5 | 1.6 | - | - | 3.0 | |
| debit | 42.4 | 26.4 | 0.1 | 0.2 | 2.3 | 0.8 | 23.0 | 0.4 | 0.1 | 1.4 | 1.7 | - | - | 12.3 | |
| Capital account | 6.0 | 6.2 | -0.0 | 0.0 | -0.1 | -0.1 | 6.4 | -0.0 | 0.4 | 0.1 | 0.5 | - | - | -1.2 | |
| credit | 8.8 | 6.7 | 0.0 | 0.0 | 0.2 | 0.0 | 6.4 | 0.0 | 0.4 | 0.1 | 0.6 | - | - | 1.0 | |
| debit | 2.8 | 0.4 | 0.0 | 0.0 | 0.3 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | - | - | 2.2 | |
| Financial account balance1) | -28.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Direct investment | -57.3 | -0.0 | 5.0 | 0.3 | 3.3 | -8.8 | 0.1 | -1.1 | 2.4 | -11.2 | -15.9 | -11.5 | -0.0 | -20.0 | |
| Abroad | -72.5 | -15.1 | 0.2 | 0.7 | -5.8 | -10.3 | 0.0 | -3.1 | -1.7 | -11.6 | -17.1 | -7.4 | -0.0 | -16.6 | |
| Equity/reinvested earnings | -57.5 | -11.6 | -0.3 | 0.7 | -3.3 | -8.7 | 0.0 | -5.9 | -0.4 | -5.2 | -17.2 | -5.0 | 0.0 | -12.2 | |
| Other capital | -14.9 | -3.4 | 0.5 | 0.0 | -2.4 | -1.5 | 0.0 | 2.8 | -1.3 | -6.4 | 0.1 | -2.4 | -0.0 | -4.4 | |
| In the euro area | 15.2 | 15.1 | 4.8 | -0.4 | 9.1 | 1.4 | 0.1 | 2.0 | 4.1 | 0.4 | 1.2 | -4.1 | 0.0 | -3.5 | |
| Equity/reinvested earnings | 5.8 | 5.4 | 5.3 | -3.5 | 3.3 | 0.2 | 0.1 | -0.1 | 1.3 | 0.4 | -1.2 | -0.5 | -0.0 | 0.4 | |
| Other capital | 9.4 | 9.7 | -0.4 | 3.1 | 5.8 | 1.3 | 0.0 | 2.0 | 2.8 | -0.0 | 2.4 | -3.6 | 0.0 | -3.9 | |
| Portfolio investment | 130.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Assets | -122.8 | -46.3 | -4.0 | -4.7 | -33.9 | -1.9 | -1.7 | -0.5 | -4.2 | -0.7 | -36.2 | -16.2 | 0.6 | -19.4 | |
| Equity | -22.2 | -7.5 | -0.6 | -1.2 | -4.6 | -0.8 | -0.1 | -0.9 | -1.2 | -0.5 | 1.1 | -2.4 | 0.0 | -10.8 | |
| Debt | -100.6 | -38.8 | -3.3 | -3.5 | -29.2 | -1.1 | -1.6 | 0.4 | -2.9 | -0.2 | -37.3 | -13.8 | 0.6 | -8.6 | |
| Bonds and notes | -80.2 | -32.0 | -2.9 | -4.6 | -23.2 | 0.2 | -1.6 | -0.0 | -3.8 | -0.2 | -26.7 | -8.6 | 0.1 | -8.9 | |
| Money market instruments | -20.4 | -6.8 | -0.4 | 1.1 | -6.0 | -1.3 | -0.1 | 0.4 | 0.9 | 0.0 | -10.6 | -5.1 | 0.5 | 0.3 | |
| Liabilities | 252.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Equity | 83.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Debt | 169.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Bonds and notes | 180.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Money market instruments | -10.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Financial derivatives | -0.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Other investment | -98.1 | -107.6 | -10.5 | 6.2 | -98.6 | -3.3 | -1.3 | 2.3 | 13.7 | -10.6 | 0.1 | -8.2 | 3.3 | 8.9 | |
| Assets | -273.6 | -229.3 | -11.2 | 2.2 | -203.2 | -13.5 | -3.6 | 0.8 | 9.3 | -17.6 | -20.3 | -16.3 | -1.1 | 1.0 | |
| General government | -5.5 | -6.4 | -1.7 | 0.8 | -2.9 | 0.1 | -2.7 | 0.1 | -0.4 | 0.0 | 0.0 | 0.0 | -0.2 | 1.3 | |
| MFIs | -210.2 | -165.8 | -9.1 | 2.1 | -146.2 | -12.7 | 0.1 | 0.1 | 9.2 | -16.3 | -26.6 | -15.7 | -0.9 | 5.9 | |
| Other sectors | -58.0 | -57.1 | -0.5 | -0.7 | -54.0 | -0.9 | -1.0 | 0.5 | 0.5 | -1.3 | 6.2 | -0.6 | 0.0 | -6.2 | |
| Liabilities | 175.6 | 121.8 | 0.7 | 4.0 | 104.5 | 10.3 | 2.3 | 1.6 | 4.4 | 7.0 | 20.4 | 8.1 | 4.4 | 7.9 | |
| General government | -3.2 | 0.5 | 0.0 | -0.0 | -0.8 | 0.0 | 1.4 | 0.0 | -0.1 | -2.5 | -0.2 | 0.0 | 0.8 | -1.7 | |
| MFIs | 100.1 | 65.7 | 0.6 | 3.4 | 53.6 | 9.4 | -1.5 | 1.0 | 3.0 | 6.5 | 16.2 | 5.9 | 3.7 | -1.7 | |
| Other sectors | 78.7 | 55.5 | 0.1 | 0.6 | 51.7 | 0.8 | 2.4 | 0.6 | 1.5 | 3.0 | 4.4 | 2.2 | -0.0 | 11.4 | |
| Reserve assets | -2.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Errors and omissions | 1.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | |