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Table 3: Revisions to balance of payments and international investment position of the euro area
(EUR billions)
1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | |
---|---|---|---|---|---|---|---|
Balance of payments (difference vis-à-vis previously published transactions data) | |||||||
Source: ECB. | |||||||
Current account | 0.0 | -0.0 | -0.4 | 3.7 | -0.0 | 5.7 | 14.9 |
credit | 0.4 | 0.5 | 0.3 | 4.8 | 3.3 | 16.5 | 25.9 |
debit | 0.4 | 0.5 | 0.8 | 1.0 | 3.3 | 10.8 | 11.0 |
Goods | 0.0 | 0.0 | 0.0 | -0.7 | -1.1 | -1.8 | -5.9 |
credit (exports) | 0.0 | 0.0 | 0.0 | 0.7 | 0.8 | 4.2 | 4.2 |
debit (imports) | 0.0 | 0.0 | 0.0 | 1.4 | 1.9 | 6.0 | 10.1 |
Services | 0.0 | -0.2 | -0.0 | 3.4 | 2.4 | 1.8 | 1.2 |
credit (exports) | 0.0 | -0.2 | 0.0 | 3.2 | 2.4 | 2.8 | 3.0 |
debit (imports) | 0.0 | 0.0 | 0.0 | -0.2 | -0.1 | 1.0 | 1.8 |
Income | -0.0 | -0.1 | -0.0 | 1.2 | -1.0 | 8.2 | 21.6 |
credit | 0.2 | 0.2 | 0.3 | 0.1 | -0.6 | 9.8 | 17.2 |
debit | 0.2 | 0.3 | 0.3 | -1.1 | 0.4 | 1.6 | -4.3 |
Current transfers | 0.0 | 0.3 | -0.4 | -0.0 | -0.3 | -2.4 | -1.9 |
credit | 0.2 | 0.5 | 0.0 | 0.8 | 0.7 | -0.3 | 1.5 |
debit | 0.2 | 0.2 | 0.4 | 0.8 | 1.0 | 2.2 | 3.4 |
Capital account | 0.0 | 0.0 | 0.0 | 0.1 | -0.6 | -0.9 | -0.6 |
credit | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.5 | 0.4 |
debit | 0.0 | 0.0 | 0.0 | -0.0 | 0.7 | 1.3 | 1.0 |
Financial account balance | -0.0 | 0.1 | 0.2 | -1.7 | 0.8 | -10.2 | -41.7 |
Direct investment | 0.0 | 0.4 | 0.1 | 0.3 | 0.8 | -23.0 | -46.0 |
Abroad | 0.0 | 0.0 | 0.0 | -0.4 | 0.7 | -13.1 | -61.3 |
In the euro area | 0.0 | 0.4 | 0.1 | 0.7 | 0.1 | -9.9 | 15.3 |
Portfolio investment | 0.0 | 0.0 | 0.0 | 0.1 | -1.3 | 7.9 | 1.5 |
Assets | 0.0 | 0.0 | 0.0 | 0.0 | -2.6 | -4.3 | 36.7 |
Liabilities | 0.0 | -0.0 | -0.0 | 0.1 | 1.3 | 12.2 | -35.2 |
Financial derivatives | 0.0 | 0.0 | 0.0 | -1.4 | -1.4 | -1.7 | 4.6 |
Other investment | -0.0 | -0.3 | 0.2 | -0.6 | 3.0 | 6.7 | -1.0 |
Assets | -0.0 | -0.3 | 0.2 | -0.0 | 1.0 | -1.9 | -4.8 |
Liabilities | 0.0 | 0.0 | 0.0 | -0.6 | 2.0 | 8.5 | 3.9 |
Reserve assets | 0.0 | 0.0 | 0.0 | 0.0 | -0.4 | -0.1 | -0.8 |
Errors and omissions | 0.0 | -0.1 | 0.2 | -2.1 | -0.2 | 5.3 | 27.4 |
International investment position (difference vis-à-vis previously published outstanding amounts) | |||||||
Net international investment position | -0.3 | 19.5 | -2.2 | -6.3 | 28.1 | 121.4 | 250.1 |
Direct investment | 0.0 | -0.0 | 0.0 | -3.1 | 47.6 | 76.6 | 68.8 |
Portfolio investment | -2.9 | 12.8 | -2.8 | -5.6 | -5.3 | 48.2 | 158.3 |
Financial derivatives | 0.0 | 0.0 | 0.0 | -0.6 | 0.7 | -0.0 | 2.4 |
Other investment | 2.6 | 6.7 | 0.6 | 2.9 | -15.0 | -3.6 | 20.7 |
Reserve assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 |