Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q3 2008, non-seasonally adjusted data)
Total | European Union 27 (outside the euro area) | Canada | Japan | Switzerland | United States | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Total | Denmark | Sweden | UnitedKingdom | Other EUcountries | EUinsti-tutions | ||||||
Current account | -12.7 | 30.6 | 3.3 | 0.7 | 21.1 | 17.3 | -11.8 | 0.7 | -10.2 | 3.0 | 10.1 |
credit | 699.9 | 254.8 | 15.5 | 20.4 | 135.0 | 77.4 | 6.5 | 8.8 | 13.8 | 46.3 | 102.5 |
debit | 712.6 | 224.2 | 12.1 | 19.7 | 113.9 | 60.1 | 18.4 | 8.1 | 24.0 | 43.3 | 92.4 |
Goods | -6.7 | 31.7 | 1.5 | 1.0 | 15.2 | 14.0 | 0.0 | 0.9 | -4.8 | 2.7 | 13.0 |
credit (exports) | 401.0 | 141.7 | 9.2 | 13.0 | 59.0 | 60.5 | 0.0 | 4.7 | 8.4 | 22.3 | 48.3 |
as percentage of total | 100.0 | 35.3 | 2.3 | 3.2 | 14.7 | 15.1 | 0.0 | 1.2 | 2.1 | 5.6 | 12.0 |
debit (imports) | 407.7 | 110.0 | 7.7 | 12.0 | 43.8 | 46.5 | 0.0 | 3.8 | 13.1 | 19.6 | 35.2 |
as percentage of total | 100.0 | 27.0 | 1.9 | 2.9 | 10.7 | 11.4 | 0.0 | 0.9 | 3.2 | 4.8 | 8.6 |
Services | 15.3 | 11.9 | 0.9 | 0.5 | 10.3 | -1.1 | 1.2 | 0.1 | 0.8 | 3.5 | -3.3 |
credit (exports) | 135.7 | 48.8 | 3.4 | 3.4 | 32.5 | 8.2 | 1.3 | 1.9 | 2.7 | 12.7 | 20.8 |
as percentage of total | 100.0 | 35.9 | 2.5 | 2.5 | 24.0 | 6.0 | 0.9 | 1.4 | 2.0 | 9.4 | 15.3 |
debit (imports) | 120.5 | 36.9 | 2.5 | 2.9 | 22.2 | 9.3 | 0.0 | 1.9 | 1.9 | 9.3 | 24.1 |
as percentage of total | 100.0 | 30.6 | 2.0 | 2.4 | 18.4 | 7.7 | 0.0 | 1.6 | 1.6 | 7.7 | 20.0 |
Income | 2.3 | 0.2 | 0.9 | -0.9 | -4.2 | 4.5 | -0.2 | 0.1 | -6.2 | -3.3 | 0.3 |
credit | 149.4 | 56.5 | 2.7 | 3.7 | 40.6 | 7.7 | 1.7 | 2.0 | 2.6 | 9.6 | 32.1 |
debit | 147.1 | 56.3 | 1.8 | 4.6 | 44.8 | 3.2 | 1.9 | 2.0 | 8.8 | 12.9 | 31.7 |
of which: investment income | 1.1 | 0.8 | 0.9 | -0.9 | -4.2 | 6.1 | -1.2 | 0.1 | -6.2 | -4.8 | 0.3 |
credit | 145.1 | 55.0 | 2.7 | 3.7 | 40.2 | 7.7 | 0.8 | 2.0 | 2.6 | 7.9 | 31.7 |
debit | 144.0 | 54.3 | 1.8 | 4.6 | 44.4 | 1.6 | 1.9 | 1.9 | 8.8 | 12.8 | 31.5 |
Current transfers | -23.5 | -13.2 | -0.0 | 0.1 | -0.3 | -0.1 | -12.9 | -0.3 | -0.1 | 0.1 | 0.0 |
credit | 13.7 | 7.8 | 0.2 | 0.4 | 2.8 | 1.0 | 3.5 | 0.2 | 0.1 | 1.6 | 1.4 |
debit | 37.2 | 21.0 | 0.2 | 0.3 | 3.1 | 1.0 | 16.4 | 0.5 | 0.2 | 1.5 | 1.4 |
Capital account | 1.9 | 3.7 | -0.0 | -0.0 | 0.0 | -0.1 | 3.8 | -0.0 | -0.0 | -0.0 | -0.1 |
credit | 4.9 | 4.3 | 0.0 | 0.0 | 0.3 | 0.0 | 4.0 | 0.0 | 0.0 | 0.1 | 0.1 |
debit | 3.0 | 0.7 | 0.0 | 0.0 | 0.3 | 0.1 | 0.2 | 0.0 | 0.0 | 0.1 | 0.2 |
Financial account balance1) | 33.6 | - | - | - | - | - | - | - | - | - | - |
Direct investment | -43.1 | -28.3 | 1.0 | -3.9 | -20.2 | -5.3 | -0.0 | -2.4 | -1.2 | 17.6 | -25.7 |
Abroad | -78.7 | -35.6 | -1.1 | -7.6 | -20.2 | -6.7 | -0.0 | -2.5 | -1.2 | 10.9 | -26.1 |
Equity/reinvested earnings | -60.0 | -24.2 | -0.6 | -5.7 | -13.6 | -4.3 | 0.0 | -2.3 | -1.4 | 8.1 | -21.5 |
Other capital | -18.8 | -11.4 | -0.5 | -2.0 | -6.6 | -2.4 | -0.0 | -0.2 | 0.1 | 2.8 | -4.6 |
In the euro area | 35.6 | 7.3 | 2.1 | 3.8 | 0.0 | 1.4 | -0.0 | 0.1 | 0.1 | 6.8 | 0.4 |
Equity/reinvested earnings | 21.2 | 3.3 | 0.9 | 3.3 | -1.0 | 0.1 | -0.0 | 0.3 | 0.6 | 3.8 | 5.3 |
Other capital | 14.5 | 4.0 | 1.3 | 0.4 | 1.1 | 1.3 | 0.0 | -0.2 | -0.5 | 2.9 | -5.0 |
Portfolio investment | 109.7 | - | - | - | - | - | - | - | - | - | - |
Assets | 64.0 | -4.4 | -2.3 | -5.5 | 6.0 | -0.7 | -1.9 | -7.0 | 7.0 | -1.7 | 53.2 |
Equity | 50.9 | 15.9 | -0.2 | 1.1 | 15.3 | -0.2 | -0.1 | -3.8 | 11.9 | -1.3 | 22.7 |
Debt | 13.1 | -20.3 | -2.2 | -6.6 | -9.3 | -0.5 | -1.8 | -3.2 | -4.9 | -0.4 | 30.5 |
Bonds and notes | -16.8 | -27.8 | -0.9 | -3.1 | -22.4 | -0.0 | -1.3 | -3.4 | -5.5 | -0.0 | 3.8 |
Money market instruments | 29.9 | 7.5 | -1.2 | -3.5 | 13.1 | -0.5 | -0.4 | 0.2 | 0.6 | -0.4 | 26.7 |
Liabilities | 45.8 | - | - | - | - | - | - | - | - | - | - |
Equity | -92.6 | - | - | - | - | - | - | - | - | - | - |
Debt | 138.4 | - | - | - | - | - | - | - | - | - | - |
Bonds and notes | 69.1 | - | - | - | - | - | - | - | - | - | - |
Money market instruments | 69.3 | - | - | - | - | - | - | - | - | - | - |
MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 66.6 | - | - | - | - | - | - | - | - | - | - |
Financial derivatives | -8.7 | - | - | - | - | - | - | - | - | - | - |
Other investment | -26.0 | 43.4 | 11.0 | 5.0 | 40.5 | -17.7 | 4.6 | -0.7 | -11.5 | 4.1 | -25.7 |
Assets | -102.4 | -4.6 | 6.5 | -0.2 | 8.7 | -19.9 | 0.3 | -0.1 | -10.1 | 17.6 | -38.6 |
General government | 8.0 | 7.9 | 0.5 | 0.0 | 7.1 | 0.1 | 0.2 | 0.0 | -0.0 | 0.0 | 0.0 |
MFIs | -79.3 | 3.8 | 5.0 | -0.5 | 17.1 | -17.9 | 0.1 | -0.5 | -11.1 | 16.3 | -46.2 |
Other sectors | -31.2 | -16.3 | 1.0 | 0.3 | -15.4 | -2.2 | 0.0 | 0.3 | 1.0 | 1.3 | 7.6 |
Liabilities | 76.4 | 48.1 | 4.5 | 5.2 | 31.7 | 2.2 | 4.4 | -0.6 | -1.4 | -13.5 | 12.9 |
General government | 2.0 | 2.5 | 0.0 | 0.2 | 0.6 | -0.0 | 1.7 | -0.0 | 0.0 | 0.0 | -0.0 |
MFIs | 78.5 | 36.4 | 4.4 | 4.8 | 24.7 | 1.0 | 1.6 | 0.4 | -0.6 | -0.8 | 16.1 |
Other sectors | -4.2 | 9.1 | 0.1 | 0.3 | 6.4 | 1.3 | 1.1 | -1.0 | -0.8 | -12.7 | -3.2 |
Reserve assets | 1.6 | - | - | - | - | - | - | - | - | - | - |
Errors and omissions | -22.8 | - | - | - | - | - | - | - | - | - | - |
Table 1a: Quarterly balance of payments of the euro area with a geographical breakdown
(EUR billions, unless otherwise indicated; transactions in Q3 2008, non-seasonally adjusted data)
Offshore financial centres | Internationalorganisations | Other countries | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
of which:Hong Kong | of which:Brazil | China2) | India | Russia | |||||||||||
Source: ECB. | |||||||||||||||
( 1 ) Financial account: inflows (+); outflows (−). Reserve assets: increase (−); decrease (+). | |||||||||||||||
( 2 ) Data for mainland China, excluding Hong Kong. | |||||||||||||||
Current account | - | - | - | -46.9 | - | - | - | - | |||||||
credit | - | - | - | 273.7 | 11.1 | 21.6 | 8.2 | 27.2 | |||||||
debit | - | - | - | 320.6 | - | - | - | - | |||||||
Goods | - | - | - | -50.3 | -0.9 | -32.1 | 0.7 | -9.5 | |||||||
credit (exports) | - | - | - | 175.7 | 6.5 | 16.4 | 6.2 | 20.9 | |||||||
as percentage of total | - | - | - | 43.8 | 1.6 | 4.1 | 1.6 | 5.2 | |||||||
debit (imports) | - | - | - | 226.0 | 7.4 | 48.4 | 5.5 | 30.4 | |||||||
as percentage of total | - | - | - | 55.4 | 1.8 | 11.9 | 1.4 | 7.5 | |||||||
Services | - | - | - | 2.3 | 0.6 | 1.3 | 0.3 | 1.1 | |||||||
credit (exports) | - | - | - | 48.8 | 2.1 | 4.1 | 1.4 | 3.7 | |||||||
as percentage of total | - | - | - | 35.9 | 1.5 | 3.0 | 1.0 | 2.7 | |||||||
debit (imports) | - | - | - | 46.5 | 1.5 | 2.8 | 1.1 | 2.6 | |||||||
as percentage of total | - | - | - | 38.6 | 1.2 | 2.3 | 0.9 | 2.2 | |||||||
Income | - | - | - | 11.1 | - | - | - | - | |||||||
credit | - | - | - | 46.5 | 2.4 | 1.2 | 0.6 | 2.5 | |||||||
debit | - | - | - | 35.4 | - | - | - | - | |||||||
of which: investment income | - | - | - | 11.1 | - | - | - | - | |||||||
credit | - | - | - | 45.8 | 2.4 | 1.1 | 0.6 | 2.5 | |||||||
debit | - | - | - | 34.7 | - | - | - | - | |||||||
Current transfers | - | - | - | -10.0 | -0.3 | -0.5 | -0.2 | -0.0 | |||||||
credit | - | - | - | 2.7 | 0.1 | 0.1 | 0.0 | 0.1 | |||||||
debit | - | - | - | 12.7 | 0.3 | 0.5 | 0.2 | 0.1 | |||||||
Capital account | - | - | - | -1.6 | -0.0 | -0.0 | -0.0 | 0.0 | |||||||
credit | - | - | - | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
debit | - | - | - | 2.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
Financial account balance1) | - | - | - | - | - | - | - | - | |||||||
Direct investment | -13.0 | -0.2 | 0.0 | 9.8 | 10.7 | -0.1 | -0.5 | -2.4 | |||||||
Abroad | -21.1 | -1.0 | 0.0 | -3.1 | 9.7 | -0.3 | -0.6 | -2.9 | |||||||
Equity/reinvested earnings | -16.5 | -0.6 | 0.0 | -2.2 | 10.9 | -1.5 | -0.6 | -2.1 | |||||||
Other capital | -4.7 | -0.4 | 0.0 | -0.8 | -1.2 | 1.3 | 0.0 | -0.7 | |||||||
In the euro area | 8.2 | 0.7 | -0.0 | 12.9 | 1.0 | 0.2 | 0.1 | 0.5 | |||||||
Equity/reinvested earnings | 5.3 | 0.2 | -0.0 | 2.7 | 0.1 | 0.1 | 0.1 | 0.6 | |||||||
Other capital | 2.9 | 0.6 | 0.0 | 10.2 | 0.9 | 0.1 | 0.0 | -0.1 | |||||||
Portfolio investment | - | - | - | - | - | - | - | - | |||||||
Assets | -7.8 | -0.9 | 0.8 | 23.8 | 6.8 | -0.3 | 1.5 | 2.4 | |||||||
Equity | -4.8 | -1.1 | 0.0 | 10.2 | 0.7 | 0.0 | 1.4 | 2.6 | |||||||
Debt | -3.0 | 0.1 | 0.8 | 13.6 | 6.1 | -0.3 | 0.0 | -0.3 | |||||||
Bonds and notes | 5.6 | 0.1 | 0.6 | 10.0 | -0.2 | -0.1 | 0.1 | 0.5 | |||||||
Money market instruments | -8.6 | 0.0 | 0.2 | 3.6 | 6.3 | -0.3 | -0.0 | -0.8 | |||||||
Other investment | -45.4 | -6.7 | 9.3 | 0.5 | -1.1 | 6.5 | 1.4 | 0.1 | |||||||
Assets | -14.7 | -7.8 | 1.0 | -52.9 | -1.1 | -0.6 | -0.6 | -12.2 | |||||||
General government | -0.0 | 0.0 | -0.1 | 0.2 | 0.0 | 0.0 | 0.0 | -0.0 | |||||||
MFIs | -12.7 | -7.3 | 1.1 | -30.0 | -0.6 | -0.5 | -0.6 | -9.2 | |||||||
Other sectors | -2.0 | -0.5 | 0.0 | -23.1 | -0.5 | -0.1 | -0.1 | -2.9 | |||||||
Liabilities | -30.7 | 1.1 | 8.3 | 53.3 | 0.0 | 7.1 | 2.0 | 12.3 | |||||||
General government | 0.0 | 0.0 | 0.0 | -0.5 | 0.0 | 0.0 | 0.0 | -0.0 | |||||||
MFIs | -35.2 | 0.4 | 8.4 | 53.8 | -0.2 | 6.3 | 1.8 | 12.4 | |||||||
Other sectors | 4.5 | 0.7 | -0.1 | -0.0 | 0.2 | 0.8 | 0.1 | -0.1 | |||||||
Reserve assets | - | - | - | - | - | - | - | - | |||||||
Errors and omissions | - | - | - | - | - | - | - | - |