Table 2: Quarterly international investment position of the euro area
(EUR billions, unless otherwise indicated; outstanding amounts at end of period, transactions during period)
| Q1 2009 | Q2 2009 (revised) | Q3 2009 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| End-of-periodoutstandingamounts | Transactions1) | Other changes | End-of-periodoutstandingamounts | Transactions1) | Other changes | End-of-period outstandingamounts | |||||||||
| as % ofpreviousend-periodoutstandingamounts | as % ofpreviousend-periodoutstandingamounts | as % of GDP | |||||||||||||
| Source: ECB. | |||||||||||||||
| ( 1 ) In this table, contrary to the balance of payments sign convention, a positive (negative) number indicates an increase (decrease) of euro area assets. | |||||||||||||||
| Financial account balance/Net international investment position | -1,652.8 | -13.9 | - | 150.2 | -1,516.5 | -14.0 | - | -27.8 | -1,558.2 | -17.3 | |||||
| Direct investment | 599.9 | 4.3 | - | 110.8 | 715.0 | 24.3 | - | -32.0 | 707.3 | 7.8 | |||||
| Abroad | 3,837.7 | 97.5 | 2.5 | 76.6 | 4,011.7 | 59.2 | 1.5 | -7.1 | 4,063.9 | 45.1 | |||||
| Equity/reinvested earnings | 2,988.9 | 78.2 | 2.6 | 80.2 | 3,147.3 | 32.4 | 1.0 | -2.2 | 3,177.5 | 35.3 | |||||
| Other capital | 848.7 | 19.3 | 2.3 | -3.6 | 864.4 | 26.8 | 3.1 | -4.8 | 886.4 | 9.8 | |||||
| In the euro area | 3,237.8 | 93.2 | 2.9 | -34.2 | 3,296.7 | 35.0 | 1.1 | 24.9 | 3,356.6 | 37.3 | |||||
| Equity/reinvested earnings | 2,427.6 | 76.7 | 3.2 | -25.8 | 2,478.5 | 36.7 | 1.5 | 22.5 | 2,537.7 | 28.2 | |||||
| Other capital | 810.1 | 16.5 | 2.0 | -8.4 | 818.3 | -1.7 | -0.2 | 2.4 | 819.0 | 9.1 | |||||
| Portfolio investment | -2,377.3 | -82.8 | - | 56.3 | -2,403.7 | -83.4 | - | -72.1 | -2,559.2 | -28.4 | |||||
| Assets | 3,638.4 | 62.2 | 1.7 | 195.5 | 3,896.2 | 42.0 | 1.1 | 113.9 | 4,052.1 | 45.0 | |||||
| Equity securities | 1,068.8 | 9.3 | 0.9 | 138.1 | 1,216.2 | 36.7 | 3.0 | 109.1 | 1,361.9 | 15.1 | |||||
| Debt securities | 2,569.6 | 53.0 | 2.1 | 57.5 | 2,680.0 | 5.3 | 0.2 | 4.8 | 2,690.1 | 29.9 | |||||
| Bonds and notes | 2,139.5 | 32.9 | 1.5 | 78.7 | 2,251.1 | 27.4 | 1.2 | -8.6 | 2,269.9 | 25.2 | |||||
| Money market instruments | 430.1 | 20.1 | 4.7 | -21.2 | 429.0 | -22.2 | -5.2 | 13.4 | 420.2 | 4.7 | |||||
| Liabilities | 6,015.7 | 145.0 | 2.4 | 139.2 | 6,299.9 | 125.3 | 2.0 | 185.9 | 6,611.2 | 73.4 | |||||
| Equity securities | 1,986.4 | 47.8 | 2.4 | 248.4 | 2,282.7 | 78.6 | 3.4 | 167.5 | 2,528.8 | 28.1 | |||||
| Debt securities | 4,029.2 | 97.2 | 2.4 | -109.2 | 4,017.2 | 46.7 | 1.2 | 18.4 | 4,082.4 | 45.3 | |||||
| Bonds and notes | 3,557.5 | 44.6 | 1.3 | -90.2 | 3,511.9 | -12.9 | -0.4 | 24.7 | 3,523.8 | 39.1 | |||||
| Money market instruments | 471.8 | 52.6 | 11.1 | -19.0 | 505.3 | 59.6 | 11.8 | -6.3 | 558.6 | 6.2 | |||||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | -1,777.4 | -78.5 | - | 167.1 | -1,688.7 | -59.1 | - | -104.1 | -1,851.9 | -20.6 | |||||
| Financial derivatives | -50.7 | -18.8 | - | 11.4 | -58.2 | 4.2 | - | -6.5 | -60.5 | -0.7 | |||||
| Other investment | -220.4 | 81.0 | - | -11.6 | -151.0 | 41.3 | - | 33.0 | -76.7 | -0.9 | |||||
| Assets | 5,289.4 | -145.4 | -2.7 | -60.2 | 5,083.7 | -115.0 | -2.3 | -42.3 | 4,926.4 | 54.7 | |||||
| Eurosystem | 21.7 | 7.0 | 32.3 | -0.8 | 27.9 | -6.6 | -23.7 | 1.5 | 22.8 | 0.3 | |||||
| General government | 108.3 | -3.8 | -3.6 | -1.2 | 103.2 | -5.1 | -4.9 | 11.0 | 109.1 | 1.2 | |||||
| MFIs excluding Eurosystem | 3,094.0 | -90.0 | -2.9 | -37.6 | 2,966.4 | -83.5 | -2.8 | -59.7 | 2,823.3 | 31.3 | |||||
| Other sectors | 2,065.4 | -58.6 | -2.8 | -20.7 | 1,986.1 | -19.8 | -1.0 | 4.9 | 1,971.3 | 21.9 | |||||
| Liabilities | 5,509.8 | -226.4 | -4.1 | -48.7 | 5,234.7 | -156.3 | -3.0 | -75.4 | 5,003.1 | 55.5 | |||||
| Eurosystem | 404.2 | -89.3 | -22.1 | -1.5 | 313.4 | -43.5 | -13.9 | -5.6 | 264.3 | 2.9 | |||||
| General government | 58.7 | -2.4 | -4.1 | 2.6 | 58.8 | 1.4 | 2.3 | -0.5 | 59.7 | 0.7 | |||||
| MFIs excluding Eurosystem | 3,702.6 | -81.1 | -2.2 | -33.9 | 3,587.6 | -79.1 | -2.2 | -70.8 | 3,437.7 | 38.2 | |||||
| Other sectors | 1,344.3 | -53.6 | -4.0 | -15.8 | 1,274.9 | -35.1 | -2.8 | 1.5 | 1,241.3 | 13.8 | |||||
| Reserve assets | 395.7 | 2.4 | 0.6 | -16.7 | 381.5 | -0.3 | -0.1 | 49.7 | 430.9 | 4.8 | |||||