Table 1: Current account of the Euro area
(EUR billions, unless otherwise indicated; transactions during the period; non working day and non seasonally adjusted)
| Cumulated figures for the four-quarter period ending in | Q3 2013 | Q3 2014 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Q2 2014 | Q3 2014 | |||||||||||
| Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | |
| Current account | 214.4 | 3,274.4 | 3,060.0 | 234.4 | 3,291.7 | 3,057.3 | 52.2 | 813.1 | 760.9 | 72.2 | 830.4 | 758.2 |
| Percentage of GDP | 2.1 | 32.8 | 30.6 | 2.3 | 32.8 | 30.5 | - | - | - | - | - | - |
| Goods | 214.2 | 1,918.8 | 1,704.7 | 227.1 | 1,930.2 | 1,703.1 | 49.3 | 477.8 | 428.5 | 62.2 | 489.1 | 426.9 |
| of which: General merchandise |
210.9 | 1,874.8 | 1,663.9 | 223.4 | 1,886.4 | 1,663.0 | 47.4 | 465.8 | 418.4 | 60.0 | 477.4 | 417.5 |
| Services | 83.3 | 664.8 | 581.4 | 80.4 | 675.2 | 594.8 | 22.8 | 171.6 | 148.8 | 19.8 | 182.0 | 162.2 |
| Transport | 3.5 | 126.1 | 122.6 | 2.7 | 125.4 | 122.7 | 2.1 | 33.5 | 31.4 | 1.2 | 32.8 | 31.5 |
| Travel | 19.7 | 114.8 | 95.1 | 19.2 | 115.8 | 96.6 | 7.9 | 39.9 | 31.9 | 7.5 | 40.9 | 33.5 |
| Insurance pension and financial services |
24.3 | 78.4 | 54.1 | 23.5 | 79.3 | 55.8 | 6.7 | 19.2 | 12.5 | 6.0 | 20.2 | 14.2 |
| Telecommunication, computer and information services |
38.7 | 79.4 | 40.7 | 40.2 | 81.3 | 41.1 | 8.7 | 18.3 | 9.6 | 10.2 | 20.2 | 10.0 |
| Other business services |
3.1 | 170.9 | 167.8 | 2.8 | 175.1 | 172.3 | -0.4 | 39.2 | 39.6 | -0.7 | 43.4 | 44.1 |
| Other | -6.0 | 95.2 | 101.2 | -8.0 | 98.2 | 106.2 | -2.4 | 21.4 | 23.8 | -4.3 | 24.5 | 28.8 |
| Primary income | 65.4 | 603.6 | 538.2 | 67.6 | 598.8 | 531.2 | 13.5 | 142.6 | 129.1 | 15.7 | 137.8 | 122.1 |
| Compensation of empoyees |
17.6 | 31.5 | 13.9 | 17.9 | 31.8 | 13.9 | 3.5 | 7.6 | 4.0 | 3.9 | 7.9 | 4.0 |
| Investment income | 23.8 | 534.2 | 510.3 | 26.9 | 529.4 | 502.4 | 10.4 | 132.4 | 122.0 | 13.5 | 127.6 | 114.1 |
| Direct investment |
92.1 | 325.2 | 233.1 | 94.2 | 319.0 | 224.8 | 21.9 | 79.8 | 57.9 | 24.0 | 73.6 | 49.6 |
| of which: Reinvested earnings |
-6.6 | 31.1 | 37.7 | -5.6 | 25.7 | 31.3 | 0.6 | 17.0 | 16.4 | 1.6 | 11.5 | 10.0 |
| Portfolio investment |
-65.5 | 161.2 | 226.7 | -63.2 | 164.3 | 227.6 | -11.3 | 40.2 | 51.5 | -9.1 | 43.3 | 52.4 |
| Dividends | 0.6 | 53.4 | 52.9 | 3.8 | 55.5 | 51.7 | 4.4 | 13.0 | 8.6 | 7.7 | 15.1 | 7.4 |
| Income on investment fund shares |
-61.2 | 5.4 | 66.7 | -65.1 | 5.5 | 70.6 | -14.7 | 1.4 | 16.1 | -18.6 | 1.4 | 20.0 |
| Interest | -4.8 | 102.3 | 107.1 | -1.9 | 103.3 | 105.2 | -1.1 | 25.9 | 26.9 | 1.8 | 26.8 | 25.0 |
| Other investment |
-5.7 | 44.9 | 50.6 | -6.9 | 43.2 | 50.1 | -0.9 | 11.7 | 12.5 | -2.1 | 9.9 | 12.0 |
| of which: interest | -2.6 | 43.9 | 46.5 | -4.0 | 42.1 | 46.1 | 0.0 | 11.4 | 11.4 | -1.4 | 9.7 | 11.0 |
| Reserve assets |
2.8 | 2.9 | 0.7 | 0.7 | ||||||||
| Other primary income |
23.9 | 37.9 | 14.0 | 22.8 | 37.7 | 14.9 | -0.5 | 2.6 | 3.1 | -1.7 | 2.3 | 4.0 |
| Secondary income | -148.5 | 87.2 | 235.7 | -140.7 | 87.5 | 228.2 | -33.3 | 21.2 | 54.5 | -25.5 | 21.5 | 47.1 |
Source: ECB.