Table 2: Monthly balance of payments of the euro area

(EUR billions unless otherwise indicated; transactions; non-working day and non-seasonally adjusted data)

	Cumulated figures for the 12-month period ending						July 2016			August 2016
	August 2015			August 2016
		Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit
	Source: ECB.
	1) Financial account: increases in assets and liabilities (+) and decreases in assets and liabilities (-).
	CURRENT ACCOUNT	315.4	3,569.9	3,254.5	345.4	3,560.3	3,214.9	33.8	294.7	260.9	23.6	279.5	255.9
	Goods	328.4	2,079.6	1,751.2	373.5	2,092.8	1,719.4	32.9	173.3	140.5	24.0	162.2	138.2
	Services	65.6	750.9	685.3	56.0	770.9	714.9	7.6	68.0	60.4	4.7	65.5	60.8
	Primary income	57.1	638.7	581.6	43.1	596.4	553.3	4.1	45.6	41.5	6.8	44.5	37.7
	Secondary income	-135.7	100.7	236.4	-127.2	100.2	227.3	-10.8	7.8	18.5	-11.9	7.3	19.2
CAPITAL ACCOUNT	-16.6	42.3	58.9	10.3	42.6	32.3	0.5	2.3	1.8	0.5	2.0	1.5
	Net	Assets	Liabilities	Net	Assets	Liabilities	Net	Assets	Liabilities	Net	Assets	Liabilities
FINANCIAL ACCOUNT 1)	266.1	1,067.3	801.2	336.0	962.1	626.1	6.9	127.1	120.2	26.1	114.2	88.0
Direct investment	247.0	624.0	377.0	103.7	447.5	343.9	21.8	19.4	-2.4	45.8	55.9	10.1
Equity	145.7	424.0	278.2	194.8	449.5	254.8	6.8	9.4	2.6	41.1	36.2	-4.9
Debt instruments	101.3	200.1	98.8	-91.1	-2.0	89.1	15.1	10.1	-5.0	4.7	19.7	15.0
Portfolio investment	151.8	442.0	290.3	506.1	465.5	-40.6	59.1	42.0	-17.1	34.0	38.8	4.8
Equity	-165.0	60.2	225.2	-174.3	-2.3	172.0	-13.9	11.3	25.2	7.1	6.3	-0.8
Debt securities	316.8	381.8	65.0	680.4	467.8	-212.6	73.0	30.7	-42.3	26.9	32.5	5.6
Short-term	84.1	26.2	-57.8	19.0	17.4	-1.7	9.0	-19.2	-28.3	2.4	4.9	2.6
Long-term	232.8	355.6	122.8	661.3	450.4	-210.9	64.0	49.9	-14.1	24.6	27.5	3.0
Memo: Direct and portfolio investment	398.8	1,066.0	667.3	609.8	913.0	303.2	80.9	61.4	-19.5	79.8	94.7	14.9
Financial derivatives	55.1			33.7			6.0			-2.6
Other investment	-186.4	-52.4	134.0	-324.4	-1.5	322.8	-79.1	60.5	139.7	-52.9	20.3	73.2
Eurosystem	2.9	0.8	-2.2	-58.7	-1.5	57.2	-3.1	-5.9	-2.8	-16.8	3.7	20.5
MFIs (excluding the Eurosystem)	-172.1	-67.3	104.7	-231.6	-47.5	184.1	-77.3	73.9	151.2	-20.4	10.9	31.3
General government	32.7	-8.1	-40.8	13.1	10.7	-2.3	-2.0	-2.0	-0.0	3.7	3.0	-0.7
Other sectors	-49.9	22.2	72.2	-47.2	36.7	83.9	3.2	-5.5	-8.7	-19.4	2.7	22.0
Of which: currency and deposits	-312.7	-172.3	140.4	-376.9	-123.9	252.9	-148.5	12.7	161.2	-55.4	-2.6	52.8
Reserve assets		-1.4			16.9			-0.9			1.8
Errors and omissions	-32.7			-19.6			-27.4			2.1