Monthly Bulletin April 2008 - European Central Bank - Europa

7 EXTERNAL
7.1 Summary balance of payments 1)
(EUR billions; net transactions)
TRANSACTIONS AND POSITIONS
Current account Net Financial account
Capital lending/ Errors and
Total Goods Services Income Current account borrowing Total Direct Portfolio Financial Other Reserve omissions
transfers to/from investment investment derivatives investment assets
rest of
the world
(columns
1+6)
1 2 3 4 5 6 7 8 9 10 11 12 13 14
2005 9.6 44.4 36.2 1.9 -72.9 11.5 21.1 27.7 -205.4 138.8 -16.4 92.9 17.8 -48.8
2006 -12.4 18.5 39.6 6.6 -77.2 9.2 -3.2 123.7 -131.3 273.7 2.5 -19.8 -1.4 -120.5
2007 15.2 55.8 47.2 -4.8 -83.0 14.5 29.8 9.4 -107.8 233.6 -122.0 10.3 -4.7 -39.1
2006 Q4 16.5 16.1 8.5 7.4 -15.5 4.6 21.1 -37.4 -49.4 116.5 -2.7 -99.3 -2.6 16.3
2007 Q1 -0.5 7.4 8.4 4.9 -21.2 5.0 4.5 6.6 -13.6 128.8 -16.4 -90.8 -1.4 -11.1
Q2 -4.6 19.0 13.7 -20.9 -16.5 2.4 -2.2 16.6 -68.2 72.8 -23.2 39.5 -4.4 -14.4
Q3 10.0 16.9 16.0 2.4 -25.3 1.3 11.3 98.2 -38.1 75.5 -32.4 96.8 -3.5 -109.5
Q4 10.4 12.5 9.1 8.7 -19.9 5.8 16.2 -112.0 12.1 -43.5 -50.0 -35.2 4.6 95.9
2007 Jan. -3.7 -4.4 1.2 1.2 -1.7 2.2 -1.5 43.3 -12.8 42.0 -4.2 21.2 -2.8 -41.8
Feb. -3.9 2.2 3.1 3.0 -12.1 1.1 -2.8 2.5 -3.3 22.7 -7.9 -8.4 -0.6 0.2
Mar. 7.1 9.7 4.1 0.7 -7.4 1.6 8.7 -39.2 2.5 64.2 -4.3 -103.5 2.0 30.4
Apr. -4.5 4.3 3.5 -4.5 -7.7 0.6 -3.9 40.3 -8.7 0.0 -9.9 60.6 -1.6 -36.4
May -12.5 3.9 3.8 -15.3 -4.9 1.8 -10.7 -4.0 -27.3 3.5 -2.9 23.4 -0.8 14.7
June 12.4 10.8 6.4 -1.0 -3.9 0.0 12.4 -19.8 -32.2 69.3 -10.4 -44.5 -2.0 7.4
July 5.0 7.4 5.4 -0.1 -7.8 0.8 5.8 47.3 -0.1 25.1 -12.9 38.0 -2.9 -53.0
Aug. 0.5 3.5 4.1 1.2 -8.3 0.1 0.6 59.4 -0.7 0.9 -8.5 66.5 1.1 -60.0
Sep. 4.6 6.0 6.5 1.3 -9.2 0.3 5.0 -8.5 -37.4 49.4 -11.0 -7.7 -1.7 3.5
Oct. 3.7 8.1 3.5 2.4 -10.3 1.2 4.9 -79.6 21.7 -55.3 -6.9 -38.5 -0.5 74.6
Nov. 2.4 5.8 2.5 1.0 -6.9 1.1 3.5 -11.3 11.4 8.3 -31.6 0.4 0.2 7.8
Dec. 4.3 -1.4 3.1 5.4 -2.7 3.5 7.7 -21.2 -21.0 3.5 -11.5 2.9 4.9 13.4
2008 Jan. -19.1 -8.1 2.2 -3.1 -10.1 2.4 -16.7 29.1 -32.2 54.3 -12.7 26.4 -6.8 -12.3
12-month cumulated transactions
2008 Jan. -0.2 52.1 48.2 -9.1 -91.4 14.7 14.5 -4.8 -127.2 246.0 -130.6 15.6 -8.6 -9.7
C30 B.o.p. current account balance
(EUR billions)
quarterly transactions
12-month cumulated transactions
80
60
40
20
0
-20
-40
-60
-80
-100
-120
2001 2002 2003 2004 2005 2006 2007
80
60
40
20
0
-20
-40
-60
-80
-100
-120
Source: ECB.
1) The sign convention is explained in the general notes.
S 60 ECB
Monthly Bulletin
April 2008