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Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown

(EUR billions, unless otherwise indicated; transactions in Q2 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 -1.4 36.4 2.7 0.7 25.1 16.7 -8.9 0.8 -10.0 -2.5 0.3 - - -26.5
credit 647.0 244.2 13.3 22.2 127.5 71.8 9.4 8.7 14.1 41.5 103.5 - - 235.0
debit 648.4 207.8 10.6 21.5 102.4 55.1 18.3 7.8 24.1 44.0 103.3 - - 261.4
Goods 20.3 30.9 1.5 1.0 14.9 13.5 0.0 1.2 -5.2 2.2 15.1 - - -24.0
credit (exports) 373.2 137.7 8.5 14.0 58.0 57.2 0.0 4.5 8.4 20.5 49.2 - - 152.9
as percentage of total 100.0 36.9 2.3 3.7 15.5 15.3 0.0 1.2 2.3 5.5 13.2 - - 41.0
debit (imports) 353.0 106.8 7.0 13.0 43.1 43.7 0.0 3.3 13.6 18.3 34.1 - - 176.8
as percentage of total 100.0 30.3 2.0 3.7 12.2 12.4 0.0 0.9 3.9 5.2 9.7 - - 50.1
Services 14.4 7.8 0.4 0.6 5.9 -0.6 1.7 0.3 0.9 3.0 -0.8 - - 3.2
credit (exports) 116.7 41.0 2.4 3.1 26.9 7.0 1.7 1.8 2.7 11.0 21.2 - - 39.0
as percentage of total 100.0 35.2 2.0 2.7 23.0 6.0 1.4 1.5 2.3 9.4 18.2 - - 33.4
debit (imports) 102.3 33.2 2.0 2.6 21.0 7.6 0.0 1.4 1.8 8.1 22.1 - - 35.8
as percentage of total 100.0 32.4 1.9 2.5 20.6 7.4 0.0 1.4 1.8 7.9 21.6 - - 34.9
Income -19.5 6.1 0.7 -0.8 2.5 4.3 -0.6 -0.4 -5.7 -7.9 -15.0 - - 3.3
credit 138.6 54.1 2.3 4.9 38.3 7.0 1.6 2.2 2.9 8.4 30.6 - - 40.4
debit 158.1 48.0 1.5 5.6 35.8 2.7 2.2 2.6 8.6 16.3 45.6 - - 37.1
of which: investment income -21.0 6.3 0.7 -0.8 2.4 5.3 -1.4 -0.4 -5.7 -9.3 -15.1 - - 3.2
credit 134.6 52.8 2.3 4.8 37.9 6.9 0.8 2.2 2.9 6.8 30.2 - - 39.7
debit 155.6 46.5 1.5 5.6 35.5 1.6 2.2 2.6 8.6 16.2 45.4 - - 36.5
Current transfers -16.6 -8.5 0.1 -0.0 1.8 -0.4 -9.9 -0.3 0.0 0.2 1.0 - - -9.0
credit 18.5 11.4 0.2 0.2 4.3 0.6 6.1 0.1 0.1 1.6 2.4 - - 2.8
debit 35.0 19.9 0.1 0.3 2.4 1.0 16.0 0.5 0.1 1.4 1.5 - - 11.8
Capital account 2.6 3.1 -0.0 0.0 0.0 -0.0 3.1 -0.0 -0.0 -0.1 -0.1 - - -0.3
credit 4.9 3.5 0.0 0.0 0.3 0.0 3.2 0.0 0.0 0.1 0.1 - - 1.2
debit 2.4 0.4 0.0 0.0 0.2 0.1 0.1 0.0 0.0 0.2 0.2 - - 1.5
Financial account balance1) 23.2 - - - - - - - - - - - - -
Direct investment -69.1 -34.3 -0.4 2.4 -23.1 -13.2 0.0 -8.6 1.6 1.5 5.0 -8.6 -0.0 -25.6
Abroad -109.4 -38.5 0.3 -2.1 -25.0 -11.8 0.0 -10.2 0.4 -4.1 -25.5 -6.3 -0.0 -25.1
Equity/reinvested earnings -83.5 -31.9 0.2 -0.1 -19.8 -12.2 0.0 -8.3 -0.2 -0.5 -24.7 -2.5 0.0 -15.5
Other capital -25.9 -6.6 0.1 -2.0 -5.1 0.4 0.0 -1.9 0.5 -3.6 -0.8 -3.8 -0.0 -9.6
In the euro area 40.3 4.3 -0.6 4.5 1.9 -1.5 0.0 1.6 1.2 5.6 30.6 -2.3 0.0 -0.6
Equity/reinvested earnings 42.4 6.5 -0.7 6.5 2.0 -1.4 0.0 0.1 0.2 2.3 32.5 0.2 0.0 0.6
Other capital -2.1 -2.2 0.0 -2.0 -0.2 -0.1 0.0 1.4 1.0 3.4 -2.0 -2.5 0.0 -1.2
Portfolio investment 69.5 - - - - - - - - - - - - -
Assets -149.7 -36.7 -4.8 -7.1 -18.3 -3.5 -3.0 -1.0 0.7 -5.0 -65.1 -15.5 1.5 -28.6
Equity -10.2 6.2 -0.9 -2.1 11.0 -1.8 -0.0 2.5 -2.0 -2.9 -8.4 -8.1 -0.0 2.5
Debt -139.5 -43.0 -3.9 -5.0 -29.3 -1.7 -3.0 -3.5 2.7 -2.0 -56.8 -7.4 1.5 -31.1
Bonds and notes -116.9 -41.3 -3.8 -5.7 -27.9 -1.3 -2.6 -3.3 1.7 -1.9 -47.0 -5.2 1.0 -20.8
Money market instruments -22.6 -1.7 -0.1 0.7 -1.4 -0.5 -0.4 -0.2 1.0 -0.1 -9.8 -2.2 0.5 -10.2
Liabilities 219.3 - - - - - - - - - - - - -
Equity 71.5 - - - - - - - - - - - - -
Debt 147.7 - - - - - - - - - - - - -
Bonds and notes 110.9 - - - - - - - - - - - - -
Money market instruments 36.9 - - - - - - - - - - - - -
Financial derivatives -14.1 - - - - - - - - - - - - -
Other investment 41.0 14.7 0.2 1.5 9.5 -0.6 4.1 0.4 8.1 22.4 19.9 8.4 -6.1 -26.6
Assets -191.1 -79.4 0.1 5.0 -68.7 -15.7 -0.1 1.6 6.8 -15.2 -56.9 -10.4 -5.5 -32.1
General government -17.5 -16.5 -1.5 -0.2 -14.8 0.1 -0.0 -0.2 -0.0 0.0 0.1 0.0 -0.3 -0.5
MFIs -135.2 -44.8 2.5 3.8 -34.2 -16.8 0.0 2.9 3.4 -16.0 -37.2 -8.2 -5.3 -30.0
Other sectors -38.4 -18.1 -0.9 1.4 -19.6 1.1 -0.1 -1.0 3.5 0.8 -19.8 -2.2 0.0 -1.6
Liabilities 232.1 94.1 0.1 -3.5 78.2 15.0 4.2 -1.2 1.3 37.6 76.8 18.8 -0.6 5.4
General government -0.2 -1.0 -0.1 -0.0 -1.7 -0.0 0.8 0.0 -0.0 -0.1 -0.0 0.1 0.8 0.0
MFIs 189.6 89.0 0.4 -4.4 76.3 13.9 2.8 -2.1 1.4 23.5 41.6 16.1 -1.4 21.4
Other sectors 42.7 6.1 -0.1 1.0 3.5 1.1 0.6 0.8 -0.1 14.1 35.2 2.6 -0.1 -16.0
Reserve assets -4.2 - - - - - - - - - - - - -
Errors and omissions -24.4 - - - - - - - - - - - - -