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 | December 2012 (revised) | January 2013 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| January 2012 | January 2013 | ||||||||||||||
| 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 | 16.5 | 2,993.6 | 2,977.1 | 119.9 | 3,137.1 | 3,017.2 | 29.0 | 267.7 | 238.7 | -4.5 | 246.6 | 251.1 | |||
| Goods | 15.4 | 1,790.9 | 1,775.5 | 111.5 | 1,919.9 | 1,808.4 | 14.9 | 148.5 | 133.6 | -2.2 | 150.7 | 152.9 | |||
| Services | 66.6 | 577.6 | 511.0 | 91.4 | 617.9 | 526.5 | 9.6 | 55.5 | 45.9 | 4.9 | 47.6 | 42.8 | |||
| Income | 41.9 | 529.9 | 488.0 | 30.7 | 502.9 | 472.3 | 5.7 | 47.5 | 41.8 | 5.0 | 37.3 | 32.4 | |||
| Current transfers | -107.4 | 95.3 | 202.7 | -113.7 | 96.4 | 210.1 | -1.3 | 16.1 | 17.4 | -12.1 | 11.0 | 23.1 | |||
| CAPITAL ACCOUNT | 11.3 | 24.8 | 13.5 | 11.5 | 26.0 | 14.5 | 1.2 | 3.1 | 1.9 | 0.7 | 1.5 | 0.8 | |||
| Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | Balance | Assets | Liabilities | ||||
| FINANCIALACCOUNT1) | -40.6 | -168.7 | -39.4 | -3.5 | |||||||||||
| DIRECTINVESTMENT2) | -190.2 | -437.7 | 247.5 | -58.5 | -188.5 | 130.0 | -6.7 | 5.1 | -11.8 | -9.1 | -12.1 | 2.9 | |||
| Equity capital and reinvested earnings | -68.3 | -379.4 | 311.1 | -32.3 | -154.6 | 122.3 | 10.6 | 7.0 | 3.5 | -11.7 | -16.7 | 5.0 | |||
| Other capital (mostly inter-company loans) | -121.9 | -58.3 | -63.5 | -26.2 | -33.9 | 7.7 | -17.3 | -2.0 | -15.3 | 2.5 | 4.6 | -2.1 | |||
| PORTFOLIO INVESTMENT | 279.2 | 70.7 | 208.5 | 141.2 | -190.6 | 331.8 | -5.4 | -45.6 | 40.1 | 31.0 | -24.4 | 55.4 | |||
| Equity | 178.1 | 70.2 | 107.9 | 88.6 | -65.9 | 154.5 | -3.4 | -39.5 | 36.1 | 5.7 | -19.5 | 25.2 | |||
| Debt instruments | 101.1 | 0.5 | 100.6 | 52.6 | -124.7 | 177.2 | -2.0 | -6.0 | 4.0 | 25.3 | -5.0 | 30.3 | |||
| Bonds and notes | 160.6 | 26.7 | 133.9 | 76.3 | -115.3 | 191.6 | -3.0 | -6.2 | 3.2 | 12.7 | -3.8 | 16.5 | |||
| Money market instruments | -59.6 | -26.3 | -33.3 | -23.7 | -9.3 | -14.4 | 0.9 | 0.1 | 0.8 | 12.6 | -1.2 | 13.8 | |||
| MEMO ITEM: COMBINED DIRECT AND PORTFOLIO INVESTMENT | 89.0 | -367.0 | 456.0 | 82.7 | -379.1 | 461.8 | -12.2 | -40.5 | 28.3 | 21.8 | -36.5 | 58.4 | |||
| FINANCIAL DERIVATIVES (NET) | -11.7 | 12.6 | 1.9 | 6.4 | |||||||||||
| OTHER INVESTMENT | -112.5 | -108.1 | -4.4 | -246.5 | -33.1 | -213.4 | -29.9 | 131.3 | -161.3 | -27.1 | -57.0 | 29.9 | |||
| Eurosystem | 92.7 | 1.0 | 91.6 | 29.5 | -7.1 | 36.6 | 7.2 | -3.1 | 10.3 | -20.7 | 1.4 | -22.1 | |||
| General government | 61.2 | -6.2 | 67.4 | 3.4 | 3.3 | 0.1 | -13.6 | -1.8 | -11.8 | 10.7 | 8.7 | 2.0 | |||
| of which: currency and deposits | -15.0 | -15.0 | 8.0 | 8.0 | -0.5 | -0.5 | 5.9 | 5.9 | |||||||
| MFIs (excluding the Eurosystem) | -243.4 | 4.9 | -248.3 | -232.7 | 64.6 | -297.3 | -24.9 | 102.4 | -127.3 | -26.8 | -61.3 | 34.6 | |||
| Long-term | -23.2 | -8.9 | -14.3 | -7.8 | 28.0 | -35.8 | 12.2 | 11.5 | 0.7 | -3.9 | -2.4 | -1.5 | |||
| Short-term | -220.2 | 13.8 | -234.0 | -224.9 | 36.5 | -261.4 | -37.1 | 90.9 | -128.0 | -22.9 | -58.9 | 36.0 | |||
| Other sectors | -22.9 | -107.8 | 84.9 | -46.7 | -93.8 | 47.1 | 1.4 | 33.9 | -32.5 | 9.7 | -5.7 | 15.4 | |||
| of which: currency and deposits | -48.3 | -48.3 | -49.7 | -49.7 | 14.9 | 14.9 | -3.8 | -3.8 | |||||||
| RESERVE ASSETS | -5.4 | -5.4 | -17.4 | -17.4 | 0.7 | 0.7 | -4.7 | -4.7 | |||||||
| Errors and omissions | 12.8 | 37.2 | 9.3 | 7.3 | |||||||||||