Table 3: Quarterly international investment position of the euro area
(EUR billions, unless otherwise indicated; outstanding amounts at end of period, transactions during period)
| Q2 2009 | Q3 2009 (revised) | Q4 2009 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| End-of-periodoutstandingamounts | Transactions1) | Other changes | End-of-periodoutstandingamounts | Transactions1) | Other changes | End-of-period outstandingamounts | |||||||||
| as % ofpreviousend-periodoutstandingamounts | as % ofpreviousend-periodoutstandingamounts | as % of GDP | |||||||||||||
| Source: ECB. | |||||||||||||||
| ( 1 ) In this table, contrary to the balance of payments sign convention, a positive (negative) number indicates an increase (decrease) of euro area assets. | |||||||||||||||
| Financial account balance/Net international investment position | -1,535.4 | 12.6 | - | -74.7 | -1,597.5 | 3.8 | - | 126.4 | -1,467.3 | -16.3 | |||||
| Direct investment | 709.3 | 23.7 | - | -36.0 | 697.0 | 7.8 | - | 47.3 | 752.0 | 8.4 | |||||
| Abroad | 4,012.1 | 62.0 | 1.5 | -32.0 | 4,042.1 | 62.8 | 1.6 | 33.6 | 4,138.5 | 46.1 | |||||
| Equity/reinvested earnings | 3,149.6 | 37.0 | 1.2 | -28.4 | 3,158.3 | 64.4 | 2.0 | 24.2 | 3,246.9 | 36.2 | |||||
| Other capital | 862.4 | 24.9 | 2.9 | -3.6 | 883.8 | -1.6 | -0.2 | 9.4 | 891.6 | 9.9 | |||||
| In the euro area | 3,302.8 | 38.2 | 1.2 | 4.1 | 3,345.1 | 55.0 | 1.6 | -13.6 | 3,386.5 | 37.7 | |||||
| Equity/reinvested earnings | 2,484.2 | 35.4 | 1.4 | -2.1 | 2,517.5 | 60.9 | 2.4 | -11.6 | 2,566.9 | 28.6 | |||||
| Other capital | 818.6 | 2.8 | 0.3 | 6.2 | 827.6 | -5.9 | -0.7 | -2.1 | 819.6 | 9.1 | |||||
| Portfolio investment | -2,406.0 | -78.2 | - | -82.8 | -2,566.9 | -63.1 | - | 22.3 | -2,607.7 | -29.0 | |||||
| Assets | 3,898.5 | 45.6 | 1.2 | 115.7 | 4,059.8 | 38.0 | 0.9 | 111.2 | 4,209.0 | 46.9 | |||||
| Equity securities | 1,217.8 | 39.6 | 3.2 | 110.8 | 1,368.1 | 35.8 | 2.6 | 78.1 | 1,482.0 | 16.5 | |||||
| Debt securities | 2,680.7 | 6.0 | 0.2 | 4.9 | 2,691.7 | 2.2 | 0.1 | 33.1 | 2,726.9 | 30.4 | |||||
| Bonds and notes | 2,251.8 | 27.4 | 1.2 | -1.5 | 2,277.7 | 25.1 | 1.1 | 42.1 | 2,344.9 | 26.1 | |||||
| Money market instruments | 428.9 | -21.4 | -5.0 | 6.4 | 413.9 | -22.9 | -5.5 | -9.0 | 382.0 | 4.3 | |||||
| Liabilities | 6,304.5 | 123.7 | 2.0 | 198.4 | 6,626.7 | 101.1 | 1.5 | 89.0 | 6,816.7 | 75.9 | |||||
| Equity securities | 2,307.1 | 89.5 | 3.9 | 180.9 | 2,577.5 | 50.4 | 2.0 | 91.5 | 2,719.4 | 30.3 | |||||
| Debt securities | 3,997.4 | 34.3 | 0.9 | 17.5 | 4,049.2 | 50.7 | 1.3 | -2.5 | 4,097.3 | 45.6 | |||||
| Bonds and notes | 3,503.7 | -19.2 | -0.5 | 17.8 | 3,502.3 | 42.4 | 1.2 | -17.5 | 3,527.3 | 39.3 | |||||
| Money market instruments | 493.7 | 53.5 | 10.8 | -0.4 | 546.8 | 8.3 | 1.5 | 15.0 | 570.1 | 6.3 | |||||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | -1,696.7 | -54.4 | - | -118.8 | -1,869.9 | -55.3 | - | 69.6 | -1,855.7 | -20.7 | |||||
| Financial derivatives | -57.8 | 4.5 | - | -6.8 | -60.1 | -5.8 | - | 17.6 | -48.3 | -0.5 | |||||
| Other investment | -162.4 | 62.9 | - | 1.2 | -98.4 | 64.8 | - | 7.9 | -25.7 | -0.3 | |||||
| Assets | 5,075.6 | -91.0 | -1.8 | -75.8 | 4,908.9 | -39.1 | -0.8 | 56.2 | 4,926.0 | 54.9 | |||||
| Eurosystem | 27.9 | -6.7 | -23.9 | 1.5 | 22.8 | 5.5 | 24.0 | 1.5 | 29.7 | 0.3 | |||||
| General government | 103.8 | -0.0 | -0.0 | 11.0 | 114.8 | 6.6 | 5.7 | 0.6 | 122.0 | 1.4 | |||||
| MFIs excluding Eurosystem | 2,966.5 | -83.6 | -2.8 | -59.0 | 2,823.8 | -4.4 | -0.2 | 22.7 | 2,842.1 | 31.7 | |||||
| Other sectors | 1,977.4 | -0.6 | -0.0 | -29.2 | 1,947.5 | -46.8 | -2.4 | 31.4 | 1,932.2 | 21.5 | |||||
| Liabilities | 5,238.0 | -153.8 | -2.9 | -77.0 | 5,007.2 | -103.9 | -2.1 | 48.3 | 4,951.6 | 55.1 | |||||
| Eurosystem | 313.4 | -43.5 | -13.9 | -5.6 | 264.3 | -16.8 | -6.4 | 2.1 | 249.6 | 2.8 | |||||
| General government | 59.7 | 0.7 | 1.2 | -0.9 | 59.5 | -3.9 | -6.6 | 1.6 | 57.2 | 0.6 | |||||
| MFIs excluding Eurosystem | 3,587.6 | -79.5 | -2.2 | -57.8 | 3,450.3 | -81.1 | -2.4 | 25.4 | 3,394.6 | 37.8 | |||||
| Other sectors | 1,277.4 | -31.5 | -2.5 | -12.7 | 1,233.1 | -2.1 | -0.2 | 19.3 | 1,250.3 | 13.9 | |||||
| Reserve assets | 381.5 | -0.3 | -0.1 | 49.7 | 430.8 | 0.1 | 0.0 | 31.4 | 462.4 | 5.1 | |||||
| MEMO ITEM: GROSS EXTERNAL DEBT | 10,625.9 | - | - | - | 10,461.0 | - | - | - | 10,457.9 | 116.5 | |||||