Table 2: Monthly balance of payments of the euro area
(EUR billions; transactions; non−working day and non−seasonally adjusted data)
| Cumulated figures for the 12-month period ending | February 2010 (revised) | March 2010 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| March 2009 | March 2010 | ||||||||||||||
| Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | ||||
| Source: ECB. | |||||||||||||||
| 1) Financial account: inflows (+); outflows (−). Reserve assets: increase (−); decrease (+). | |||||||||||||||
| 2) Direct investment: assets refer to direct investment abroad and liabilities to direct investment in the euro area. | |||||||||||||||
| CURRENTACCOUNT | -155.2 | 2,614.4 | 2,769.7 | -38.2 | 2,291.4 | 2,329.6 | -6.2 | 185.0 | 191.2 | 1.3 | 214.3 | 213.0 | |||
| Goods | -21.9 | 1,496.9 | 1,518.8 | 51.0 | 1,330.2 | 1,279.2 | 5.1 | 111.7 | 106.6 | 6.1 | 135.7 | 129.6 | |||
| Services | 35.7 | 509.0 | 473.3 | 34.5 | 468.3 | 433.8 | 2.0 | 34.2 | 32.2 | 2.1 | 38.4 | 36.3 | |||
| Income | -70.6 | 520.1 | 590.7 | -33.9 | 401.7 | 435.7 | 1.1 | 30.3 | 29.2 | 1.1 | 35.2 | 34.1 | |||
| Current transfers | -98.4 | 88.4 | 186.8 | -89.8 | 91.2 | 181.0 | -14.3 | 8.8 | 23.2 | -8.1 | 5.0 | 13.1 | |||
| CAPITAL ACCOUNT | 6.7 | 20.8 | 14.1 | 9.3 | 20.1 | 10.8 | 0.9 | 1.6 | 0.7 | 0.1 | 1.1 | 1.0 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | 185.2 | 14.4 | 4.5 | 0.9 | |||||||||||
| DIRECTINVESTMENT2) | -198.3 | -282.6 | 84.3 | -59.0 | -265.0 | 206.0 | 0.6 | -14.4 | 15.0 | -25.4 | -33.0 | 7.6 | |||
| Equity capital and reinvested earnings | -62.4 | -155.5 | 93.8 | -14.6 | -200.8 | 186.2 | -1.3 | -7.4 | 6.1 | -9.0 | -13.7 | 4.6 | |||
| Other capital (mostly inter-company loans) | -136.8 | -127.1 | -9.5 | -44.4 | -64.2 | 19.8 | 1.9 | -7.0 | 8.9 | -16.4 | -19.3 | 3.0 | |||
| PORTFOLIO INVESTMENT | 386.8 | 176.8 | 210.0 | 206.4 | -214.7 | 421.1 | 7.5 | -9.0 | 16.5 | -12.4 | -30.1 | 17.7 | |||
| Equity | -126.5 | 114.6 | -241.2 | 124.0 | -105.0 | 229.0 | 5.0 | -3.8 | 8.8 | -5.4 | -19.3 | 13.8 | |||
| Debt instruments | 513.3 | 62.1 | 451.2 | 82.5 | -109.7 | 192.2 | 2.5 | -5.2 | 7.7 | -6.9 | -10.8 | 3.9 | |||
| Bonds and notes | 266.9 | 14.8 | 252.1 | -44.1 | -132.1 | 88.0 | -0.9 | -5.5 | 4.6 | -6.7 | -27.5 | 20.8 | |||
| Money market instruments | 246.4 | 47.3 | 199.1 | 126.6 | 22.4 | 104.2 | 3.4 | 0.3 | 3.1 | -0.2 | 16.6 | -16.9 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 188.5 | -105.8 | 294.3 | 147.4 | -479.7 | 627.2 | 8.1 | -23.4 | 31.5 | -37.8 | -63.1 | 25.3 | |||
| FINANCIAL DERIVATIVES (NET) | -15.2 | 29.0 | -0.1 | -0.2 | |||||||||||
| OTHER INVESTMENT | 4.6 | 439.2 | -434.6 | -156.1 | 225.4 | -381.5 | 0.1 | -15.5 | 15.7 | 41.4 | 13.1 | 28.3 | |||
| Eurosystem | 205.2 | 26.3 | 178.9 | -154.3 | 1.3 | -155.5 | 5.0 | 1.7 | 3.2 | -1.5 | 0.3 | -1.8 | |||
| General government | 4.0 | -4.6 | 8.7 | 3.4 | 4.4 | -1.0 | 5.8 | 1.1 | 4.7 | 2.1 | 2.2 | -0.0 | |||
| of which: currency and deposits | -4.5 | -4.5 | 11.6 | 11.6 | -0.8 | -0.8 | 1.6 | 1.6 | |||||||
| MFIs (excluding the Eurosystem) | -70.1 | 500.4 | -570.5 | -24.2 | 119.4 | -143.7 | 26.2 | -6.4 | 32.6 | 10.9 | 15.6 | -4.7 | |||
| Long-term | -200.7 | -135.5 | -65.2 | -3.7 | 18.4 | -22.1 | -13.8 | -11.2 | -2.6 | 8.0 | 8.2 | -0.2 | |||
| Short-term | 130.6 | 635.9 | -505.3 | -20.5 | 101.1 | -121.6 | 40.1 | 4.8 | 35.2 | 3.0 | 7.4 | -4.5 | |||
| Other sectors | -134.5 | -82.9 | -51.6 | 19.0 | 100.4 | -81.3 | -36.8 | -12.0 | -24.8 | 29.9 | -5.0 | 34.8 | |||
| of which: currency and deposits | 54.7 | 54.7 | 43.0 | 43.0 | -8.8 | -8.8 | 1.5 | 1.5 | |||||||
| RESERVE ASSETS | 7.3 | 7.3 | -5.9 | -5.9 | -3.6 | -3.6 | -2.5 | -2.5 | |||||||
| Errors and omissions | -36.6 | 14.5 | 0.7 | -2.3 | |||||||||||