Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q4 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 | -22.0 | 18.5 | 2.4 | 0.3 | 15.6 | 11.1 | -10.9 | 1.0 | -10.1 | 1.5 | 3.6 |
| credit | 674.0 | 239.8 | 14.1 | 20.1 | 120.2 | 66.0 | 19.5 | 8.6 | 14.6 | 45.9 | 101.1 |
| debit | 696.1 | 221.3 | 11.7 | 19.8 | 104.6 | 54.9 | 30.3 | 7.6 | 24.7 | 44.4 | 97.5 |
| Goods | -0.7 | 19.8 | 1.0 | 0.2 | 10.6 | 7.9 | 0.0 | 0.9 | -4.5 | 2.9 | 11.7 |
| credit (exports) | 378.2 | 123.2 | 8.5 | 12.3 | 52.4 | 50.0 | 0.0 | 4.6 | 8.6 | 23.3 | 46.8 |
| as percentage of total | 100.0 | 32.6 | 2.3 | 3.2 | 13.8 | 13.2 | 0.0 | 1.2 | 2.3 | 6.2 | 12.4 |
| debit (imports) | 378.9 | 103.4 | 7.5 | 12.0 | 41.8 | 42.1 | 0.0 | 3.7 | 13.1 | 20.5 | 35.2 |
| as percentage of total | 100.0 | 27.3 | 2.0 | 3.2 | 11.0 | 11.1 | 0.0 | 1.0 | 3.5 | 5.4 | 9.3 |
| Services | 5.2 | 4.2 | 0.9 | 0.7 | 1.9 | -0.8 | 1.5 | -0.0 | 0.7 | 2.0 | -6.2 |
| credit (exports) | 124.7 | 40.9 | 3.0 | 3.5 | 25.1 | 7.7 | 1.6 | 1.5 | 2.9 | 12.1 | 20.6 |
| as percentage of total | 100.0 | 32.8 | 2.4 | 2.8 | 20.2 | 6.2 | 1.2 | 1.2 | 2.3 | 9.7 | 16.5 |
| debit (imports) | 119.5 | 36.7 | 2.0 | 2.9 | 23.3 | 8.5 | 0.1 | 1.5 | 2.2 | 10.1 | 26.8 |
| as percentage of total | 100.0 | 30.7 | 1.7 | 2.4 | 19.5 | 7.1 | 0.1 | 1.3 | 1.8 | 8.5 | 22.4 |
| Income | -0.9 | 6.8 | 0.5 | -0.7 | 3.2 | 4.4 | -0.8 | 0.5 | -6.2 | -3.6 | -1.4 |
| credit | 144.5 | 55.5 | 2.4 | 3.9 | 40.0 | 7.5 | 1.7 | 2.3 | 3.1 | 8.7 | 32.0 |
| debit | 145.5 | 48.8 | 1.9 | 4.6 | 36.8 | 3.0 | 2.4 | 1.9 | 9.2 | 12.3 | 33.4 |
| of which: investment income | -3.1 | 6.7 | 0.5 | -0.7 | 3.2 | 5.4 | -1.7 | 0.5 | -6.2 | -5.3 | -1.6 |
| credit | 139.7 | 53.9 | 2.4 | 3.9 | 39.6 | 7.3 | 0.7 | 2.3 | 3.1 | 6.8 | 31.5 |
| debit | 142.7 | 47.2 | 1.9 | 4.6 | 36.4 | 1.9 | 2.4 | 1.8 | 9.2 | 12.2 | 33.1 |
| Current transfers | -25.7 | -12.2 | -0.1 | 0.0 | -0.1 | -0.4 | -11.6 | -0.3 | -0.1 | 0.3 | -0.5 |
| credit | 26.6 | 20.2 | 0.2 | 0.3 | 2.7 | 0.8 | 16.2 | 0.1 | 0.1 | 1.8 | 1.7 |
| debit | 52.2 | 32.4 | 0.3 | 0.3 | 2.8 | 1.2 | 27.8 | 0.4 | 0.2 | 1.5 | 2.1 |
| Capital account | 1.3 | 3.5 | -0.0 | 0.0 | 0.1 | -0.0 | 3.4 | -0.0 | -0.0 | 0.2 | -0.1 |
| credit | 4.8 | 4.0 | 0.0 | 0.0 | 0.5 | 0.0 | 3.5 | 0.0 | 0.0 | 0.3 | 0.2 |
| debit | 3.4 | 0.5 | 0.0 | 0.0 | 0.4 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.2 |
| Financial account balance1) | 136.7 | - | - | - | - | - | - | - | - | - | - |
| Direct investment | -86.7 | -22.4 | -0.8 | -3.3 | -7.6 | -10.7 | -0.0 | -0.9 | -0.1 | 15.7 | -36.8 |
| Abroad | -50.5 | -23.4 | -0.7 | -9.0 | -10.0 | -3.6 | -0.0 | -1.2 | -0.8 | 12.0 | -36.3 |
| Equity/reinvested earnings | -35.0 | -14.3 | -0.6 | -1.3 | -9.2 | -3.2 | -0.0 | -1.9 | -0.1 | 7.1 | -27.0 |
| Other capital | -15.5 | -9.0 | -0.2 | -7.7 | -0.8 | -0.4 | 0.0 | 0.7 | -0.6 | 4.9 | -9.3 |
| In the euro area | -36.2 | 0.9 | -0.0 | 5.8 | 2.3 | -7.1 | 0.0 | 0.3 | 0.7 | 3.7 | -0.5 |
| Equity/reinvested earnings | 0.7 | 1.8 | 0.1 | 3.4 | -2.6 | 1.0 | 0.0 | 0.4 | 0.8 | 0.3 | 2.8 |
| Other capital | -36.9 | -0.8 | -0.1 | 2.4 | 5.0 | -8.1 | 0.0 | -0.1 | -0.1 | 3.4 | -3.3 |
| Portfolio investment | 201.8 | - | - | - | - | - | - | - | - | - | - |
| Assets | 155.3 | 10.1 | 1.4 | 9.1 | -11.1 | 6.2 | 4.4 | -1.7 | 16.4 | -2.3 | 52.1 |
| Equity | 49.7 | 7.8 | 0.3 | 1.8 | 4.1 | 1.5 | 0.1 | -1.1 | 3.2 | -2.3 | 17.1 |
| Debt | 105.6 | 2.3 | 1.2 | 7.3 | -15.2 | 4.7 | 4.2 | -0.5 | 13.3 | 0.0 | 35.0 |
| Bonds and notes | 59.6 | -22.7 | 2.5 | 1.8 | -34.7 | 3.9 | 3.9 | 1.2 | 10.7 | -1.4 | 22.3 |
| Money market instruments | 46.1 | 25.0 | -1.4 | 5.5 | 19.6 | 0.8 | 0.4 | -1.8 | 2.5 | 1.5 | 12.8 |
| Liabilities | 46.5 | - | - | - | - | - | - | - | - | - | - |
| Equity | -45.9 | - | - | - | - | - | - | - | - | - | - |
| Debt | 92.5 | - | - | - | - | - | - | - | - | - | - |
| Bonds and notes | -13.0 | - | - | - | - | - | - | - | - | - | - |
| Money market instruments | 105.5 | - | - | - | - | - | - | - | - | - | - |
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 115.1 | - | - | - | - | - | - | - | - | - | - |
| Financial derivatives | 9.2 | - | - | - | - | - | - | - | - | - | - |
| Other investment | 12.8 | 145.3 | -0.1 | -2.0 | 175.3 | -28.2 | 0.3 | 2.7 | -32.8 | -49.7 | 132.0 |
| Assets | 259.6 | 129.8 | 17.0 | 6.8 | 131.4 | -20.4 | -5.0 | -0.3 | 1.0 | 6.5 | 72.5 |
| General government | 0.3 | -0.4 | -0.3 | -0.1 | 2.9 | 0.3 | -3.2 | -0.0 | 0.0 | 0.0 | -0.0 |
| MFIs | 229.4 | 101.3 | 17.7 | 7.3 | 98.8 | -21.7 | -0.7 | -0.2 | 0.6 | 3.2 | 73.8 |
| Other sectors | 29.9 | 28.9 | -0.4 | -0.3 | 29.8 | 1.0 | -1.1 | -0.0 | 0.4 | 3.3 | -1.3 |
| Liabilities | -246.8 | 15.4 | -17.1 | -8.9 | 43.9 | -7.8 | 5.3 | 3.0 | -33.8 | -56.2 | 59.5 |
| General government | 8.9 | 2.1 | 0.0 | -0.2 | -0.3 | 0.0 | 2.7 | 0.0 | 0.0 | 0.5 | 0.7 |
| MFIs | -293.0 | 9.2 | -17.4 | -7.9 | 41.8 | -7.2 | -0.1 | 1.2 | -34.9 | -67.0 | 48.6 |
| Other sectors | 37.3 | 4.1 | 0.3 | -0.7 | 2.3 | -0.6 | 2.7 | 1.8 | 1.2 | 10.3 | 10.2 |
| Reserve assets | -0.4 | - | - | - | - | - | - | - | - | - | - |
| Errors and omissions | -116.0 | - | - | - | - | - | - | - | - | - | - |
Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q4 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 | - | - | - | -36.5 | - | - | - | - | |||||||
| credit | - | - | - | 264.0 | 10.3 | 21.1 | 7.1 | 25.4 | |||||||
| debit | - | - | - | 300.6 | - | - | - | - | |||||||
| Goods | - | - | - | -31.3 | -1.0 | -32.4 | 0.2 | -3.6 | |||||||
| credit (exports) | - | - | - | 171.7 | 5.8 | 16.2 | 5.2 | 19.2 | |||||||
| as percentage of total | - | - | - | 45.4 | 1.5 | 4.3 | 1.4 | 5.1 | |||||||
| debit (imports) | - | - | - | 203.0 | 6.7 | 48.6 | 5.0 | 22.9 | |||||||
| as percentage of total | - | - | - | 53.6 | 1.8 | 12.8 | 1.3 | 6.0 | |||||||
| Services | - | - | - | 4.6 | 0.3 | 0.8 | 0.1 | 1.3 | |||||||
| credit (exports) | - | - | - | 46.7 | 1.7 | 3.9 | 1.4 | 3.6 | |||||||
| as percentage of total | - | - | - | 37.5 | 1.4 | 3.1 | 1.1 | 2.9 | |||||||
| debit (imports) | - | - | - | 42.1 | 1.5 | 3.1 | 1.3 | 2.2 | |||||||
| as percentage of total | - | - | - | 35.3 | 1.2 | 2.6 | 1.0 | 1.9 | |||||||
| Income | - | - | - | 3.1 | - | - | - | - | |||||||
| credit | - | - | - | 42.9 | 2.8 | 1.0 | 0.4 | 2.5 | |||||||
| debit | - | - | - | 39.9 | - | - | - | - | |||||||
| of which: investment income | - | - | - | 2.9 | - | - | - | - | |||||||
| credit | - | - | - | 42.0 | 2.7 | 1.0 | 0.4 | 2.4 | |||||||
| debit | - | - | - | 39.2 | - | - | - | - | |||||||
| Current transfers | - | - | - | -12.9 | -0.4 | -0.8 | -0.2 | 0.0 | |||||||
| credit | - | - | - | 2.7 | 0.1 | 0.1 | 0.0 | 0.1 | |||||||
| debit | - | - | - | 15.5 | 0.4 | 0.9 | 0.2 | 0.1 | |||||||
| Capital account | - | - | - | -2.3 | -0.0 | -0.0 | -0.0 | 0.0 | |||||||
| credit | - | - | - | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| debit | - | - | - | 2.5 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| Financial account balance1) | - | - | - | - | - | - | - | - | |||||||
| Direct investment | -16.5 | -1.6 | 0.0 | -25.8 | -0.5 | -1.0 | -0.6 | -3.0 | |||||||
| Abroad | 12.9 | -1.4 | 0.0 | -13.9 | -1.2 | -1.1 | -0.6 | -2.2 | |||||||
| Equity/reinvested earnings | 15.6 | -1.0 | 0.0 | -14.4 | -0.5 | -0.7 | -0.6 | -1.6 | |||||||
| Other capital | -2.6 | -0.4 | 0.0 | 0.5 | -0.7 | -0.4 | -0.0 | -0.6 | |||||||
| In the euro area | -29.5 | -0.1 | 0.0 | -11.9 | 0.6 | 0.1 | 0.0 | -0.8 | |||||||
| Equity/reinvested earnings | -9.1 | 0.1 | 0.0 | 3.6 | 0.2 | 0.1 | 0.1 | 0.5 | |||||||
| Other capital | -20.4 | -0.3 | 0.0 | -15.5 | 0.5 | 0.0 | -0.0 | -1.3 | |||||||
| Portfolio investment | - | - | - | - | - | - | - | - | |||||||
| Assets | 42.2 | 1.2 | 2.1 | 36.3 | -11.0 | 0.7 | 1.3 | 5.2 | |||||||
| Equity | 7.8 | 1.2 | 0.0 | 17.3 | 0.7 | 0.3 | 1.1 | 4.6 | |||||||
| Debt | 34.3 | 0.0 | 2.1 | 19.1 | -11.6 | 0.4 | 0.2 | 0.7 | |||||||
| Bonds and notes | 23.7 | 0.1 | 2.1 | 23.7 | 1.2 | 0.2 | 0.1 | 0.2 | |||||||
| Money market instruments | 10.7 | -0.1 | 0.0 | -4.6 | -12.8 | 0.2 | 0.1 | 0.5 | |||||||
| Other investment | -67.1 | -19.8 | -12.2 | -105.4 | 0.4 | -2.8 | -19.9 | -43.8 | |||||||
| Assets | 11.6 | -2.8 | 5.6 | 32.9 | 1.4 | 8.8 | 1.5 | 8.0 | |||||||
| General government | -0.0 | -0.0 | 0.2 | 0.6 | -0.0 | 0.0 | 0.0 | -0.0 | |||||||
| MFIs | 14.6 | -3.2 | 5.4 | 30.7 | 1.7 | 9.2 | 1.2 | 6.8 | |||||||
| Other sectors | -3.0 | 0.4 | 0.0 | 1.6 | -0.2 | -0.5 | 0.3 | 1.2 | |||||||
| Liabilities | -78.6 | -17.0 | -17.8 | -138.3 | -1.1 | -11.6 | -21.5 | -51.8 | |||||||
| General government | -0.0 | 0.0 | 5.3 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| MFIs | -79.3 | -16.6 | -23.1 | -147.7 | -1.0 | -11.2 | -21.4 | -51.9 | |||||||
| Other sectors | 0.7 | -0.4 | -0.0 | 9.2 | -0.0 | -0.4 | -0.1 | 0.1 | |||||||
| Reserve assets | - | - | - | - | - | - | - | - | |||||||
| Errors and omissions | - | - | - | - | - | - | - | - | |||||||