Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q1 2008, non-seasonally adjusted data)
Total | European Union 27 (outside the euro area) | Canada | Japan | Switzerland | United States | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Total | Denmark | Sweden | UnitedKingdom | Other EUcountries | EUinsti-tutions | ||||||
Current account | -15.2 | 26.4 | 3.4 | 0.7 | 23.0 | 15.2 | -15.9 | 2.0 | -11.2 | 2.7 | 10.9 |
credit | 675.5 | 261.3 | 14.4 | 21.2 | 132.3 | 73.4 | 20.0 | 8.6 | 14.1 | 44.1 | 98.3 |
debit | 690.7 | 235.0 | 11.1 | 20.5 | 109.3 | 58.2 | 35.9 | 6.6 | 25.3 | 41.4 | 87.4 |
Goods | -2.9 | 28.2 | 1.8 | 0.2 | 15.3 | 10.8 | 0.0 | 1.5 | -5.5 | 3.2 | 11.6 |
credit (exports) | 387.1 | 143.2 | 9.1 | 13.9 | 61.0 | 59.2 | 0.0 | 4.6 | 8.7 | 22.2 | 47.3 |
as percentage of total | 100.0 | 37.0 | 2.3 | 3.6 | 15.7 | 15.3 | 0.0 | 1.2 | 2.3 | 5.7 | 12.2 |
debit (imports) | 390.1 | 115.0 | 7.3 | 13.7 | 45.7 | 48.4 | 0.0 | 3.1 | 14.3 | 19.0 | 35.7 |
as percentage of total | 100.0 | 29.5 | 1.9 | 3.5 | 11.7 | 12.4 | 0.0 | 0.8 | 3.7 | 4.9 | 9.1 |
Services | 10.7 | 7.6 | 0.8 | 0.7 | 4.4 | 0.2 | 1.5 | -0.0 | 0.7 | 2.8 | -2.1 |
credit (exports) | 114.9 | 39.9 | 2.7 | 3.2 | 25.4 | 7.1 | 1.5 | 1.4 | 2.6 | 11.5 | 18.7 |
as percentage of total | 100.0 | 34.7 | 2.3 | 2.8 | 22.1 | 6.2 | 1.3 | 1.2 | 2.2 | 10.1 | 16.3 |
debit (imports) | 104.2 | 32.3 | 1.9 | 2.4 | 21.0 | 6.9 | 0.0 | 1.5 | 1.9 | 8.8 | 20.8 |
as percentage of total | 100.0 | 31.0 | 1.8 | 2.3 | 20.2 | 6.6 | 0.0 | 1.4 | 1.8 | 8.4 | 19.9 |
Income | 6.1 | 8.3 | 0.8 | -0.3 | 3.4 | 4.7 | -0.3 | 0.7 | -6.4 | -3.2 | 1.3 |
credit | 147.6 | 57.7 | 2.5 | 3.7 | 43.3 | 6.6 | 1.7 | 2.2 | 2.7 | 9.0 | 31.0 |
debit | 141.5 | 49.4 | 1.7 | 4.0 | 39.8 | 2.0 | 1.9 | 1.5 | 9.1 | 12.2 | 29.6 |
of which: investment income | 3.5 | 7.6 | 0.8 | -0.3 | 3.1 | 5.2 | -1.2 | 0.7 | -6.4 | -4.8 | 1.1 |
credit | 143.1 | 56.1 | 2.5 | 3.7 | 42.6 | 6.6 | 0.7 | 2.2 | 2.7 | 7.3 | 30.6 |
debit | 139.6 | 48.4 | 1.7 | 4.0 | 39.5 | 1.3 | 1.9 | 1.5 | 9.1 | 12.1 | 29.5 |
Current transfers | -29.0 | -17.7 | -0.0 | 0.0 | -0.2 | -0.5 | -17.1 | -0.2 | -0.0 | -0.1 | 0.1 |
credit | 25.9 | 20.5 | 0.2 | 0.3 | 2.6 | 0.5 | 16.9 | 0.3 | 0.1 | 1.3 | 1.4 |
debit | 54.9 | 38.2 | 0.2 | 0.3 | 2.8 | 1.0 | 33.9 | 0.5 | 0.1 | 1.4 | 1.3 |
Capital account | 5.6 | 7.6 | -0.0 | 0.0 | -0.2 | -0.0 | 7.8 | -0.0 | -0.0 | 0.0 | -0.0 |
credit | 8.9 | 8.2 | 0.0 | 0.0 | 0.1 | 0.0 | 8.0 | 0.0 | 0.0 | 0.1 | 0.2 |
debit | 3.3 | 0.6 | 0.0 | 0.0 | 0.3 | 0.0 | 0.2 | 0.0 | 0.0 | 0.1 | 0.2 |
Financial account balance1) | 19.2 | - | - | - | - | - | - | - | - | - | - |
Direct investment | -104.8 | -11.0 | -0.9 | 2.3 | -11.8 | -0.7 | 0.0 | -6.3 | -1.8 | -24.4 | -20.8 |
Abroad | -143.2 | -23.0 | -1.0 | -3.4 | -14.9 | -3.6 | -0.0 | -6.8 | -1.6 | -23.2 | -34.1 |
Equity/reinvested earnings | -89.7 | -19.6 | -0.9 | -3.7 | -12.9 | -2.1 | -0.0 | -4.1 | -1.1 | -21.1 | -13.4 |
Other capital | -53.5 | -3.4 | -0.2 | 0.2 | -1.9 | -1.5 | -0.0 | -2.7 | -0.5 | -2.1 | -20.6 |
In the euro area | 38.4 | 11.9 | 0.1 | 5.8 | 3.1 | 3.0 | 0.0 | 0.6 | -0.2 | -1.2 | 13.2 |
Equity/reinvested earnings | 37.6 | 23.7 | 0.3 | 2.5 | 20.6 | 0.3 | 0.0 | -0.1 | 0.7 | -0.0 | 6.8 |
Other capital | 0.7 | -11.7 | -0.2 | 3.3 | -17.5 | 2.7 | 0.0 | 0.7 | -0.9 | -1.2 | 6.5 |
Portfolio investment | 73.4 | - | - | - | - | - | - | - | - | - | - |
Assets | -46.5 | -25.7 | 3.1 | 4.0 | -31.9 | 1.1 | -2.0 | -1.2 | 15.8 | 16.0 | -26.4 |
Equity | 47.3 | 1.7 | 0.2 | 1.1 | 0.6 | -0.2 | 0.0 | 0.2 | 20.3 | 18.3 | 6.8 |
Debt | -93.8 | -27.3 | 2.9 | 2.9 | -32.4 | 1.3 | -2.0 | -1.4 | -4.5 | -2.3 | -33.2 |
Bonds and notes | -27.1 | 0.2 | 1.9 | 5.1 | -6.1 | 1.3 | -1.9 | -2.3 | -2.1 | -0.1 | -9.6 |
Money market instruments | -66.6 | -27.6 | 1.0 | -2.3 | -26.3 | 0.0 | -0.0 | 0.9 | -2.4 | -2.3 | -23.7 |
Liabilities | 119.8 | - | - | - | - | - | - | - | - | - | - |
Equity | 45.5 | - | - | - | - | - | - | - | - | - | - |
Debt | 74.3 | - | - | - | - | - | - | - | - | - | - |
Bonds and notes | 68.0 | - | - | - | - | - | - | - | - | - | - |
Money market instruments | 6.3 | - | - | - | - | - | - | - | - | - | - |
Financial derivatives | -14.9 | - | - | - | - | - | - | - | - | - | - |
Other investment | 70.7 | 111.9 | -19.6 | -7.2 | 151.2 | -16.7 | 4.2 | -3.1 | -16.7 | 9.3 | 32.2 |
Assets | -272.8 | -143.0 | -9.2 | -10.1 | -101.6 | -19.6 | -2.5 | -3.0 | -18.9 | -6.9 | -57.4 |
General government | 5.3 | 4.5 | -1.0 | -0.2 | 3.3 | 0.1 | 2.3 | 0.0 | -0.0 | -0.0 | 0.0 |
MFIs | -227.1 | -115.7 | -5.9 | -8.3 | -78.1 | -17.6 | -5.9 | -2.7 | -20.0 | -5.8 | -42.6 |
Other sectors | -51.0 | -31.8 | -2.3 | -1.6 | -26.8 | -2.1 | 1.1 | -0.3 | 1.1 | -1.2 | -14.8 |
Liabilities | 343.4 | 254.9 | -10.4 | 2.8 | 252.8 | 2.9 | 6.7 | -0.1 | 2.2 | 16.2 | 89.6 |
General government | -0.3 | 1.7 | -0.0 | 0.0 | -1.0 | -0.0 | 2.7 | -0.0 | 0.0 | -0.8 | -0.3 |
MFIs | 305.3 | 219.3 | -10.4 | 1.0 | 225.6 | 1.6 | 1.6 | -0.3 | 1.0 | 19.1 | 67.0 |
Other sectors | 38.4 | 33.9 | -0.0 | 1.9 | 28.2 | 1.4 | 2.5 | 0.2 | 1.2 | -2.1 | 22.9 |
Reserve assets | -5.1 | - | - | - | - | - | - | - | - | - | - |
Errors and omissions | -9.6 | - | - | - | - | - | - | - | - | - | - |
Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q1 2008, non-seasonally adjusted data)
Offshore financial centres | Internationalorganisations | Other countries | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
of which:Hong Kong | of which:Brazil | China2) | India | Russia | |||||||||||
Source: ECB. | |||||||||||||||
( 1 ) Financial account: inflows (+); outflows (−). Reserve assets: increase (−); decrease (+). | |||||||||||||||
( 2 ) Data for mainland China, excluding Hong Kong. | |||||||||||||||
Current account | - | - | - | -45.8 | - | - | - | - | |||||||
credit | - | - | - | 249.1 | 9.2 | 19.9 | 7.7 | 22.5 | |||||||
debit | - | - | - | 294.9 | - | - | - | - | |||||||
Goods | - | - | - | -41.9 | -1.5 | -25.3 | 0.6 | -9.1 | |||||||
credit (exports) | - | - | - | 161.1 | 4.8 | 15.6 | 5.9 | 17.3 | |||||||
as percentage of total | - | - | - | 41.6 | 1.2 | 4.0 | 1.5 | 4.5 | |||||||
debit (imports) | - | - | - | 203.0 | 6.4 | 40.9 | 5.3 | 26.4 | |||||||
as percentage of total | - | - | - | 52.0 | 1.6 | 10.5 | 1.4 | 6.8 | |||||||
Services | - | - | - | 1.7 | 0.3 | 1.1 | 0.3 | 0.7 | |||||||
credit (exports) | - | - | - | 40.8 | 1.6 | 3.5 | 1.4 | 2.8 | |||||||
as percentage of total | - | - | - | 35.5 | 1.4 | 3.0 | 1.2 | 2.5 | |||||||
debit (imports) | - | - | - | 39.0 | 1.3 | 2.4 | 1.1 | 2.1 | |||||||
as percentage of total | - | - | - | 37.4 | 1.2 | 2.3 | 1.1 | 2.0 | |||||||
Income | - | - | - | 5.4 | - | - | - | - | |||||||
credit | - | - | - | 45.0 | 2.7 | 0.7 | 0.4 | 2.3 | |||||||
debit | - | - | - | 39.6 | - | - | - | - | |||||||
of which: investment income | - | - | - | 5.2 | - | - | - | - | |||||||
credit | - | - | - | 44.2 | 2.7 | 0.7 | 0.4 | 2.3 | |||||||
debit | - | - | - | 39.0 | - | - | - | - | |||||||
Current transfers | - | - | - | -11.1 | -0.3 | -0.5 | -0.1 | -0.1 | |||||||
credit | - | - | - | 2.2 | 0.1 | 0.1 | 0.0 | 0.1 | |||||||
debit | - | - | - | 13.4 | 0.4 | 0.5 | 0.2 | 0.1 | |||||||
Capital account | - | - | - | -1.9 | -0.0 | -0.0 | -0.0 | 0.0 | |||||||
credit | - | - | - | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
debit | - | - | - | 2.4 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
Financial account balance1) | - | - | - | - | - | - | - | - | |||||||
Direct investment | -7.1 | -1.7 | -0.0 | -33.4 | 1.6 | -1.3 | -0.9 | -8.1 | |||||||
Abroad | -7.6 | -1.3 | 0.0 | -46.9 | -1.5 | -0.9 | -0.9 | -8.1 | |||||||
Equity/reinvested earnings | -4.6 | -1.1 | 0.0 | -25.7 | -0.4 | -0.6 | -0.8 | -6.8 | |||||||
Other capital | -3.0 | -0.2 | 0.0 | -21.2 | -1.1 | -0.2 | -0.1 | -1.4 | |||||||
In the euro area | 0.5 | -0.5 | -0.0 | 13.5 | 3.1 | -0.4 | -0.0 | 0.0 | |||||||
Equity/reinvested earnings | 1.6 | -0.0 | 0.0 | 4.9 | 0.2 | 0.0 | 0.0 | 0.5 | |||||||
Other capital | -1.2 | -0.5 | -0.0 | 8.6 | 2.9 | -0.4 | -0.0 | -0.5 | |||||||
Portfolio investment | - | - | - | - | - | - | - | - | |||||||
Assets | -0.5 | 1.0 | 1.7 | -26.2 | -6.3 | -0.2 | 3.4 | 0.6 | |||||||
Equity | -6.9 | 0.9 | -0.0 | 6.9 | 1.9 | 0.1 | 3.2 | -0.3 | |||||||
Debt | 6.4 | 0.1 | 1.7 | -33.1 | -8.1 | -0.4 | 0.1 | 0.9 | |||||||
Bonds and notes | 2.2 | 0.1 | 1.2 | -16.8 | 2.1 | -0.2 | 0.3 | 0.9 | |||||||
Money market instruments | 4.3 | 0.0 | 0.5 | -16.4 | -10.3 | -0.2 | -0.1 | -0.0 | |||||||
Other investment | -5.8 | -19.3 | -14.7 | -42.4 | -4.2 | -9.9 | 15.2 | 7.2 | |||||||
Assets | -5.4 | -10.7 | -4.4 | -33.7 | -4.4 | -3.2 | -2.9 | -3.0 | |||||||
General government | 0.0 | 0.0 | -0.2 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
MFIs | 0.7 | -9.3 | -4.2 | -36.8 | -4.0 | -2.5 | -2.8 | -2.4 | |||||||
Other sectors | -6.1 | -1.4 | -0.0 | 2.1 | -0.5 | -0.8 | -0.1 | -0.5 | |||||||
Liabilities | -0.4 | -8.5 | -10.3 | -8.7 | 0.2 | -6.7 | 18.1 | 10.2 | |||||||
General government | -0.1 | 0.0 | -0.3 | -0.5 | 0.0 | 0.0 | 0.0 | -0.0 | |||||||
MFIs | -3.8 | -8.8 | -10.0 | 13.1 | 0.1 | -6.7 | 17.9 | 10.1 | |||||||
Other sectors | 3.5 | 0.3 | -0.0 | -21.2 | 0.1 | 0.1 | 0.2 | 0.2 | |||||||
Reserve assets | - | - | - | - | - | - | - | - | |||||||
Errors and omissions | - | - | - | - | - | - | - | - |