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 | July 2014 (revised) | August 2014 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| August 2013 | August 2014 | ||||||||||||||
| 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 | 199.9 | 3,234.3 | 3,034.4 | 239.1 | 3,280.7 | 3,041.6 | 32.8 | 291.4 | 258.5 | 15.1 | 257.4 | 242.3 | |||
| Goods | 146.3 | 1,925.8 | 1,779.4 | 177.5 | 1,950.1 | 1,772.7 | 21.1 | 174.9 | 153.8 | 7.8 | 144.5 | 136.7 | |||
| Services | 103.0 | 649.1 | 546.1 | 120.6 | 686.7 | 566.1 | 16.0 | 65.9 | 49.9 | 7.8 | 58.7 | 50.8 | |||
| Income | 71.0 | 560.6 | 489.6 | 53.7 | 545.3 | 491.6 | 3.7 | 45.2 | 41.5 | 6.8 | 49.4 | 42.6 | |||
| Current transfers | -120.4 | 98.8 | 219.2 | -112.6 | 98.6 | 211.2 | -7.9 | 5.3 | 13.2 | -7.3 | 4.8 | 12.1 | |||
| CAPITAL ACCOUNT | 21.6 | 35.3 | 13.7 | 17.8 | 30.6 | 12.8 | -1.2 | 1.1 | 2.3 | 0.9 | 1.5 | 0.6 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | -259.2 | -251.1 | -25.9 | -16.1 | |||||||||||
| DIRECTINVESTMENT2) | -84.4 | -264.9 | 180.5 | -53.4 | -241.7 | 188.3 | -1.9 | -3.4 | 1.5 | 8.6 | -11.6 | 20.2 | |||
| Equity capital and reinvested earnings | 21.5 | -132.3 | 154.3 | -84.4 | -293.0 | 208.7 | -2.6 | -10.1 | 7.5 | 3.4 | -9.3 | 12.7 | |||
| Other capital (mostly inter-company loans) | -106.3 | -132.6 | 26.2 | 30.7 | 51.3 | -20.5 | 0.7 | 6.7 | -5.9 | 5.2 | -2.3 | 7.5 | |||
| PORTFOLIO INVESTMENT | 117.2 | -273.4 | 390.6 | 92.0 | -380.1 | 472.1 | -12.4 | -24.1 | 11.8 | -27.8 | -36.0 | 8.2 | |||
| Equity | 95.0 | -164.1 | 259.1 | 157.2 | -167.5 | 324.7 | 3.7 | -9.8 | 13.5 | 21.3 | -7.4 | 28.7 | |||
| Debt instruments | 22.2 | -109.3 | 131.6 | -65.2 | -212.6 | 147.4 | -16.1 | -14.4 | -1.7 | -49.1 | -28.7 | -20.4 | |||
| Bonds and notes | -44.3 | -115.2 | 71.0 | 45.4 | -148.0 | 193.5 | -8.4 | -7.8 | -0.6 | -40.0 | -17.2 | -22.9 | |||
| Money market instruments | 66.5 | 5.9 | 60.6 | -110.6 | -64.6 | -46.0 | -7.6 | -6.6 | -1.0 | -9.1 | -11.5 | 2.4 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 32.8 | -538.3 | 571.1 | 38.6 | -621.8 | 660.4 | -14.2 | -27.5 | 13.3 | -19.2 | -47.6 | 28.4 | |||
| FINANCIAL DERIVATIVES (NET) | 34.6 | 4.9 | 2.7 | -13.1 | |||||||||||
| OTHER INVESTMENT | -321.7 | 182.6 | -504.3 | -289.8 | -185.3 | -104.4 | -15.0 | -53.4 | 38.4 | 17.4 | 30.7 | -13.3 | |||
| Eurosystem | -58.2 | 9.2 | -67.4 | -66.8 | 10.1 | -76.9 | -14.4 | -1.0 | -13.4 | 5.9 | -0.4 | 6.3 | |||
| General government | -5.7 | 4.0 | -9.7 | -9.5 | -8.3 | -1.2 | 2.5 | 0.5 | 1.9 | -5.0 | -3.7 | -1.3 | |||
| of which: currency and deposits | 8.4 | 8.4 | -14.3 | -14.3 | 0.3 | 0.3 | -4.2 | -4.2 | |||||||
| MFIs (excluding the Eurosystem) | -238.1 | 137.3 | -375.4 | -286.8 | -180.6 | -106.2 | -17.2 | -61.3 | 44.0 | -7.4 | 12.1 | -19.5 | |||
| Long-term | 30.9 | 94.5 | -63.6 | -5.1 | 47.8 | -52.9 | -3.1 | 4.8 | -7.9 | -12.3 | -3.0 | -9.3 | |||
| Short-term | -269.0 | 42.8 | -311.9 | -281.7 | -228.4 | -53.2 | -14.1 | -66.1 | 51.9 | 4.9 | 15.1 | -10.2 | |||
| Other sectors | -19.7 | 32.0 | -51.7 | 73.3 | -6.6 | 79.9 | 14.2 | 8.3 | 5.9 | 23.8 | 22.7 | 1.1 | |||
| of which: currency and deposits | 46.3 | 46.3 | -41.4 | -41.4 | 3.4 | 3.4 | 9.3 | 9.3 | |||||||
| RESERVE ASSETS | -4.9 | -4.9 | -4.9 | -4.9 | 0.6 | 0.6 | -1.2 | -1.2 | |||||||
| Errors and omissions | 37.7 | -5.8 | -5.8 | 0.1 | |||||||||||