Table 1: Current account of the euro area
(EUR billions unless otherwise indicated; transactions; working day and seasonally adjusted data)
| Cumulated figures for the 12-month period ending | 2016 | 2017 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec. 2016 | Dec. 2017 | Dec. | Jan. | Feb. | Mar. | Apr. | May | June | Jul. | Aug. | Sep. | Oct. | Nov. | Dec. | |
| Source: ECB. | |||||||||||||||
| CURRENT ACCOUNT | 367.6 | 391.4 | 27.1 | 23.1 | 33.8 | 34.1 | 23.4 | 30.5 | 27.0 | 38.0 | 43.5 | 42.7 | 30.3 | 35.0 | 29.9 |
| Memo: as a percentage of GDP | 3.4 | 3.5 | |||||||||||||
| Credit | 3,680.4 | 3,898.0 | 314.6 | 318.1 | 318.2 | 322.9 | 318.3 | 326.5 | 320.3 | 326.1 | 333.0 | 331.9 | 317.4 | 329.4 | 335.9 |
| Debit | 3,312.8 | 3,506.6 | 287.5 | 295.0 | 284.4 | 288.8 | 294.9 | 295.9 | 293.3 | 288.1 | 289.5 | 289.3 | 287.0 | 294.5 | 306.0 |
| Goods | 373.0 | 348.2 | 31.2 | 23.9 | 27.0 | 28.4 | 26.0 | 27.2 | 29.4 | 29.0 | 32.2 | 37.4 | 26.3 | 30.4 | 30.9 |
| Credit (exports) | 2,124.6 | 2,277.0 | 185.6 | 183.8 | 186.4 | 188.3 | 184.2 | 189.2 | 186.6 | 188.0 | 191.6 | 196.0 | 187.7 | 195.5 | 199.7 |
| Debit (imports) | 1,751.5 | 1,928.9 | 154.4 | 159.9 | 159.5 | 159.9 | 158.2 | 162.0 | 157.2 | 159.0 | 159.5 | 158.7 | 161.4 | 165.0 | 168.7 |
| Services | 39.0 | 80.9 | 1.1 | 3.0 | 6.4 | 8.3 | 6.7 | 4.5 | 6.2 | 8.3 | 9.0 | 8.8 | 7.0 | 5.3 | 7.3 |
| Credit (exports) | 783.5 | 836.2 | 65.5 | 68.2 | 68.5 | 69.5 | 69.3 | 68.6 | 70.0 | 69.8 | 70.2 | 70.8 | 69.2 | 70.0 | 72.3 |
| Debit (imports) | 744.6 | 755.3 | 64.4 | 65.2 | 62.0 | 61.2 | 62.5 | 64.1 | 63.8 | 61.5 | 61.2 | 61.9 | 62.3 | 64.6 | 65.0 |
| Primary income | 95.3 | 112.8 | 5.5 | 9.9 | 5.5 | 8.2 | 8.2 | 10.6 | 5.9 | 14.5 | 13.8 | 10.4 | 9.5 | 12.6 | 3.7 |
| Credit | 662.5 | 677.7 | 53.5 | 57.6 | 54.2 | 55.7 | 55.8 | 59.7 | 55.3 | 59.4 | 62.1 | 56.4 | 52.1 | 55.3 | 54.1 |
| Debit | 567.2 | 564.9 | 48.0 | 47.7 | 48.7 | 47.5 | 47.7 | 49.0 | 49.4 | 44.9 | 48.3 | 46.1 | 42.5 | 42.7 | 50.4 |
| Secondary income | -139.7 | -150.5 | -10.7 | -13.6 | -5.1 | -10.8 | -17.5 | -11.8 | -14.5 | -13.8 | -11.5 | -13.9 | -12.5 | -13.4 | -12.0 |
| Credit | 109.7 | 107.0 | 10.0 | 8.6 | 9.0 | 9.4 | 9.0 | 9.0 | 8.4 | 8.9 | 9.1 | 8.7 | 8.3 | 8.7 | 9.8 |
| Debit | 249.4 | 257.6 | 20.7 | 22.2 | 14.2 | 20.2 | 26.5 | 20.8 | 22.9 | 22.7 | 20.6 | 22.6 | 20.8 | 22.1 | 21.8 |
Table 1: Current account of the euro area
(EUR billions unless otherwise indicated; transactions; working day and seasonally adjusted data)
| Cumulated figures for the 12-month period ending | 2016 | 2017 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec. 2016 | Dec. 2017 | Dec. | Jan. | Feb. | Mar. | Apr. | May | June | Jul. | Aug. | Sep. | Oct. | Nov. | Dec. | |
| Source: ECB. | |||||||||||||||
| CURRENT ACCOUNT | 367.6 | 391.4 | 27.1 | 23.1 | 33.8 | 34.1 | 23.4 | 30.5 | 27.0 | 38.0 | 43.5 | 42.7 | 30.3 | 35.0 | 29.9 |
| Memo: as a percentage of GDP | 3.4 | 3.5 | |||||||||||||
| Credit | 3,680.4 | 3,898.0 | 314.6 | 318.1 | 318.2 | 322.9 | 318.3 | 326.5 | 320.3 | 326.1 | 333.0 | 331.9 | 317.4 | 329.4 | 335.9 |
| Debit | 3,312.8 | 3,506.6 | 287.5 | 295.0 | 284.4 | 288.8 | 294.9 | 295.9 | 293.3 | 288.1 | 289.5 | 289.3 | 287.0 | 294.5 | 306.0 |
| Goods | 373.0 | 348.2 | 31.2 | 23.9 | 27.0 | 28.4 | 26.0 | 27.2 | 29.4 | 29.0 | 32.2 | 37.4 | 26.3 | 30.4 | 30.9 |
| Credit (exports) | 2,124.6 | 2,277.0 | 185.6 | 183.8 | 186.4 | 188.3 | 184.2 | 189.2 | 186.6 | 188.0 | 191.6 | 196.0 | 187.7 | 195.5 | 199.7 |
| Debit (imports) | 1,751.5 | 1,928.9 | 154.4 | 159.9 | 159.5 | 159.9 | 158.2 | 162.0 | 157.2 | 159.0 | 159.5 | 158.7 | 161.4 | 165.0 | 168.7 |
| Services | 39.0 | 80.9 | 1.1 | 3.0 | 6.4 | 8.3 | 6.7 | 4.5 | 6.2 | 8.3 | 9.0 | 8.8 | 7.0 | 5.3 | 7.3 |
| Credit (exports) | 783.5 | 836.2 | 65.5 | 68.2 | 68.5 | 69.5 | 69.3 | 68.6 | 70.0 | 69.8 | 70.2 | 70.8 | 69.2 | 70.0 | 72.3 |
| Debit (imports) | 744.6 | 755.3 | 64.4 | 65.2 | 62.0 | 61.2 | 62.5 | 64.1 | 63.8 | 61.5 | 61.2 | 61.9 | 62.3 | 64.6 | 65.0 |
| Primary income | 95.3 | 112.8 | 5.5 | 9.9 | 5.5 | 8.2 | 8.2 | 10.6 | 5.9 | 14.5 | 13.8 | 10.4 | 9.5 | 12.6 | 3.7 |
| Credit | 662.5 | 677.7 | 53.5 | 57.6 | 54.2 | 55.7 | 55.8 | 59.7 | 55.3 | 59.4 | 62.1 | 56.4 | 52.1 | 55.3 | 54.1 |
| Debit | 567.2 | 564.9 | 48.0 | 47.7 | 48.7 | 47.5 | 47.7 | 49.0 | 49.4 | 44.9 | 48.3 | 46.1 | 42.5 | 42.7 | 50.4 |
| Secondary income | -139.7 | -150.5 | -10.7 | -13.6 | -5.1 | -10.8 | -17.5 | -11.8 | -14.5 | -13.8 | -11.5 | -13.9 | -12.5 | -13.4 | -12.0 |
| Credit | 109.7 | 107.0 | 10.0 | 8.6 | 9.0 | 9.4 | 9.0 | 9.0 | 8.4 | 8.9 | 9.1 | 8.7 | 8.3 | 8.7 | 9.8 |
| Debit | 249.4 | 257.6 | 20.7 | 22.2 | 14.2 | 20.2 | 26.5 | 20.8 | 22.9 | 22.7 | 20.6 | 22.6 | 20.8 | 22.1 | 21.8 |