Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q1 2007, 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 | -2.4 | 35.5 | 2.4 | 1.8 | 27.0 | 14.0 | -9.8 | 1.3 | -8.7 | -0.8 | 10.8 | - | - | -40.4 | |
| credit | 609.3 | 238.5 | 12.6 | 19.8 | 120.9 | 65.1 | 20.1 | 7.5 | 14.3 | 38.8 | 93.4 | - | - | 216.7 | |
| debit | 611.7 | 203.0 | 10.1 | 18.0 | 93.8 | 51.1 | 29.9 | 6.2 | 23.0 | 39.6 | 82.6 | - | - | 257.1 | |
| Goods | 7.6 | 31.7 | 1.5 | 1.4 | 17.6 | 11.2 | 0.0 | 1.4 | -5.3 | 2.7 | 13.9 | - | - | -36.9 | |
| credit (exports) | 359.5 | 135.1 | 8.5 | 13.8 | 59.8 | 53.0 | 0.0 | 4.5 | 8.9 | 21.2 | 48.0 | - | - | 141.9 | |
| as percentage of total | 100.0 | 37.6 | 2.4 | 3.8 | 16.6 | 14.7 | 0.0 | 1.2 | 2.5 | 5.9 | 13.3 | - | - | 39.5 | |
| debit (imports) | 351.9 | 103.4 | 7.0 | 12.4 | 42.2 | 41.8 | 0.0 | 3.1 | 14.1 | 18.4 | 34.1 | - | - | 178.7 | |
| as percentage of total | 100.0 | 29.4 | 2.0 | 3.5 | 12.0 | 11.9 | 0.0 | 0.9 | 4.0 | 5.2 | 9.7 | - | - | 50.8 | |
| Services | 5.6 | 6.2 | 0.4 | 0.6 | 3.7 | -0.0 | 1.5 | 0.1 | 0.7 | 2.1 | -3.7 | - | - | 0.2 | |
| credit (exports) | 103.6 | 37.1 | 2.2 | 2.9 | 24.1 | 6.4 | 1.5 | 1.4 | 2.6 | 10.4 | 17.6 | - | - | 34.5 | |
| as percentage of total | 100.0 | 35.8 | 2.1 | 2.8 | 23.3 | 6.1 | 1.4 | 1.4 | 2.5 | 10.0 | 17.0 | - | - | 33.3 | |
| debit (imports) | 98.0 | 30.9 | 1.7 | 2.3 | 20.5 | 6.4 | 0.0 | 1.3 | 1.9 | 8.2 | 21.3 | - | - | 34.3 | |
| as percentage of total | 100.0 | 31.6 | 1.8 | 2.4 | 20.9 | 6.5 | 0.0 | 1.3 | 1.9 | 8.4 | 21.8 | - | - | 35.0 | |
| Income | 5.4 | 8.1 | 0.5 | -0.1 | 4.7 | 3.2 | -0.3 | 0.1 | -4.1 | -5.6 | 0.1 | - | - | 6.8 | |
| credit | 119.4 | 44.9 | 1.8 | 2.9 | 33.3 | 5.3 | 1.6 | 1.4 | 2.8 | 6.1 | 25.7 | - | - | 38.5 | |
| debit | 114.0 | 36.9 | 1.3 | 3.1 | 28.6 | 2.1 | 1.9 | 1.3 | 6.9 | 11.7 | 25.6 | - | - | 31.8 | |
| of which: investment income | 3.3 | 7.6 | 0.5 | -0.1 | 4.6 | 3.8 | -1.1 | 0.1 | -4.0 | -7.0 | -0.0 | - | - | 6.7 | |
| credit | 115.5 | 43.6 | 1.7 | 2.9 | 32.9 | 5.3 | 0.8 | 1.4 | 2.8 | 4.5 | 25.3 | - | - | 37.9 | |
| debit | 112.1 | 36.0 | 1.3 | 3.0 | 28.2 | 1.5 | 1.9 | 1.3 | 6.8 | 11.5 | 25.4 | - | - | 31.2 | |
| Current transfers | -21.0 | -10.5 | 0.0 | -0.0 | 1.0 | -0.5 | -11.0 | -0.3 | -0.1 | -0.1 | 0.5 | - | - | -10.5 | |
| credit | 26.8 | 21.3 | 0.1 | 0.1 | 3.6 | 0.4 | 17.0 | 0.3 | 0.0 | 1.2 | 2.1 | - | - | 1.8 | |
| debit | 47.8 | 31.8 | 0.1 | 0.2 | 2.6 | 0.9 | 28.0 | 0.6 | 0.1 | 1.3 | 1.6 | - | - | 12.3 | |
| Capital account | 5.2 | 6.9 | -0.0 | -0.0 | 0.1 | -0.0 | 6.9 | -0.0 | -0.0 | 0.0 | -0.3 | - | - | -1.4 | |
| credit | 7.7 | 7.2 | 0.0 | 0.0 | 0.2 | 0.0 | 6.9 | 0.0 | 0.0 | 0.1 | 0.1 | - | - | 0.3 | |
| debit | 2.5 | 0.3 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.4 | - | - | 1.7 | |
| Financial account balance1) | -12.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Direct investment | -24.2 | 0.6 | 3.3 | -3.2 | 3.5 | -3.1 | -0.0 | -0.1 | -0.5 | -11.4 | -2.0 | 9.6 | -0.0 | -20.4 | |
| Abroad | -76.9 | -18.1 | -0.1 | -1.3 | -12.7 | -4.0 | -0.0 | -2.9 | -0.8 | -11.9 | -16.3 | -8.3 | -0.0 | -18.6 | |
| Equity/reinvested earnings | -53.3 | -10.0 | -0.0 | -0.8 | -5.2 | -3.9 | 0.0 | -0.7 | -1.2 | -11.5 | -6.2 | -5.8 | 0.0 | -17.9 | |
| Other capital | -23.6 | -8.2 | -0.1 | -0.5 | -7.4 | -0.1 | -0.0 | -2.2 | 0.4 | -0.4 | -10.1 | -2.5 | -0.0 | -0.7 | |
| In the euro area | 52.7 | 18.7 | 3.5 | -1.9 | 16.2 | 0.9 | 0.0 | 2.8 | 0.3 | 0.5 | 14.3 | 17.9 | 0.0 | -1.8 | |
| Equity/reinvested earnings | 21.3 | 10.3 | 4.6 | -3.1 | 8.3 | 0.4 | 0.0 | -0.3 | 0.7 | 0.1 | 2.4 | 7.0 | 0.0 | 1.2 | |
| Other capital | 31.4 | 8.4 | -1.2 | 1.2 | 7.9 | 0.5 | 0.0 | 3.1 | -0.4 | 0.4 | 11.9 | 10.9 | 0.0 | -3.0 | |
| Portfolio investment | 122.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Assets | -145.2 | -32.0 | -2.6 | -5.1 | -22.5 | -2.7 | 1.0 | -3.4 | 8.7 | 5.5 | -58.2 | -41.8 | 0.7 | -24.6 | |
| Equity | -20.3 | -1.7 | -1.1 | 1.3 | -3.4 | 1.5 | -0.0 | 0.3 | 4.7 | 5.7 | -14.4 | -13.3 | -0.0 | -1.6 | |
| Debt | -124.9 | -30.3 | -1.5 | -6.3 | -19.1 | -4.3 | 1.0 | -3.7 | 4.0 | -0.3 | -43.8 | -28.5 | 0.7 | -23.0 | |
| Bonds and notes | -88.9 | -20.6 | -2.0 | -4.5 | -11.9 | -3.3 | 1.1 | -2.3 | -1.8 | -0.3 | -32.6 | -11.2 | 0.7 | -20.9 | |
| Money market instruments | -36.0 | -9.7 | 0.4 | -1.8 | -7.2 | -1.0 | -0.1 | -1.4 | 5.7 | 0.0 | -11.2 | -17.3 | -0.0 | -2.1 | |
| Liabilities | 267.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Equity | 107.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Debt | 160.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Bonds and notes | 137.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Money market instruments | 22.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Financial derivatives | -17.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Other investment | -91.4 | -127.4 | -1.4 | -1.4 | -116.0 | -11.7 | 3.1 | -2.7 | 14.9 | -0.0 | 49.5 | -19.2 | 5.5 | -11.9 | |
| Assets | -414.2 | -304.3 | -1.1 | -9.1 | -288.6 | -5.9 | 0.4 | -2.1 | -1.3 | -11.8 | -41.2 | -13.2 | -1.5 | -38.7 | |
| General government | 3.8 | 4.1 | 1.4 | 0.0 | 0.7 | -0.0 | 2.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | -0.3 | -0.0 | |
| MFIs | -295.7 | -215.6 | -2.5 | -9.1 | -199.1 | -4.4 | -0.4 | 0.1 | -4.0 | -10.7 | -28.9 | -8.0 | -1.3 | -27.4 | |
| Other sectors | -122.2 | -92.7 | 0.0 | 0.1 | -90.1 | -1.5 | -1.2 | -2.2 | 2.7 | -1.1 | -12.3 | -5.2 | 0.0 | -11.3 | |
| Liabilities | 322.8 | 176.9 | -0.3 | 7.7 | 172.5 | -5.8 | 2.7 | -0.6 | 16.2 | 11.8 | 90.7 | -6.0 | 7.1 | 26.8 | |
| General government | 1.4 | 1.1 | -0.0 | 0.0 | 0.1 | 0.0 | 1.0 | 0.0 | -0.2 | -0.0 | 0.3 | 0.0 | 0.1 | 0.0 | |
| MFIs | 272.8 | 126.5 | -0.9 | 6.5 | 128.1 | -6.5 | -0.7 | -0.7 | 16.3 | 11.6 | 85.2 | -8.0 | 6.8 | 35.1 | |
| Other sectors | 48.5 | 49.3 | 0.6 | 1.1 | 44.3 | 0.8 | 2.4 | 0.1 | 0.0 | 0.2 | 5.1 | 2.0 | 0.2 | -8.2 | |
| Reserve assets | -1.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Errors and omissions | 9.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | |