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 | - | - | - | - | - | - | - | - | - | - | - | - | - | |