Table 3: Revisions of the euro area balance of payments and international investment position (difference vis-à-vis previously published data)
(EUR billions)
| 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | |
|---|---|---|---|---|---|---|---|---|
| Transactions | ||||||||
| Source: ECB. | ||||||||
| Current account | -0.2 | 1.2 | 1.3 | 10.4 | -3.2 | |||
| credit | -0.0 | 1.1 | -2.1 | 5.1 | 25.8 | |||
| debit | 0.2 | -0.1 | -3.4 | -5.3 | 29.0 | |||
| Goods | -0.0 | 2.5 | 2.6 | -5.6 | ||||
| credit (exports) | -0.0 | -1.7 | -2.1 | 3.0 | ||||
| debit (imports) | -0.0 | -4.2 | -4.6 | 8.6 | ||||
| Services | -0.2 | 0.1 | -3.9 | -3.2 | -0.6 | |||
| credit (exports) | 0.3 | -2.5 | -2.0 | -3.2 | ||||
| debit (imports) | 0.2 | 0.1 | 1.4 | 1.2 | -2.6 | |||
| Income | 0.0 | 1.0 | 4.0 | 13.5 | 4.7 | |||
| credit | -0.0 | 0.9 | 2.3 | 9.5 | 25.8 | |||
| debit | -0.0 | -0.2 | -1.7 | -3.9 | 21.1 | |||
| Current transfers | -0.0 | 0.0 | -1.3 | -2.4 | -1.6 | |||
| credit | -0.0 | -0.0 | -0.2 | -0.3 | 0.3 | |||
| debit | -0.0 | 1.0 | 2.1 | 1.9 | ||||
| Capital account | -0.0 | -0.1 | -0.8 | -1.0 | ||||
| credit | -0.2 | -0.0 | -0.0 | |||||
| debit | 0.0 | -0.0 | 0.8 | 1.0 | ||||
| Financial account balance | -14.7 | 2.0 | -1.3 | 0.9 | ||||
| Direct investment | 1.2 | 1.8 | 1.2 | 22.4 | ||||
| Abroad | -0.4 | -2.1 | -53.8 | -11.7 | ||||
| In the euro area | 1.6 | 3.9 | 55.0 | 34.1 | ||||
| Portfolio investment | -16.5 | -0.8 | -4.8 | 12.9 | ||||
| Assets | -2.0 | -0.8 | -0.8 | -40.3 | ||||
| Liabilities | -14.5 | -0.0 | -4.0 | 53.2 | ||||
| Financial derivatives | 0.6 | 0.0 | -2.5 | 4.4 | ||||
| Other investment | -0.1 | 1.0 | 4.9 | -38.7 | ||||
| Assets | -0.0 | 0.0 | 2.3 | 36.9 | ||||
| Liabilities | -0.0 | 0.9 | 2.6 | -75.6 | ||||
| Reserve assets | 0.0 | -0.0 | -0.0 | |||||
| Errors and omissions | 0.2 | 13.6 | -3.1 | -8.3 | 3.2 | |||
| Outstanding amounts | ||||||||
| Net international investment position | 20.3 | 16.6 | 11.9 | 8.1 | -5.8 | -58.7 | -20.6 | 34.9 |
| Direct investment | 0.2 | 0.5 | 0.4 | 0.7 | -2.2 | -28.5 | 37.7 | 31.2 |
| Portfolio investment | 0.0 | -3.5 | -9.0 | -11.7 | -14.4 | -48.2 | -91.3 | -13.6 |
| Financial derivatives | 0.0 | 0.0 | 0.0 | 0.0 | -12.2 | -22.4 | -31.7 | -28.6 |
| Other investment | 20.1 | 19.6 | 20.5 | 19.2 | 23.1 | 40.3 | 64.7 | 45.9 |
| Reserve assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 |