Table 2: International investment position of the euro area
(EUR billions, unless otherwise indicated; amounts outstanding at the end of the period, flows during the period; non working day and non seasonally adjusted)
Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Transactions | Other changes |
Amounts outstanding |
Transactions | Other changes |
Amounts outstanding |
Percentage of GDP |
||||
Net/Balance | -1,420 | -1,269 | -1,248 | 61 | -210 | -1,397 | -9 | 111 | -1,295 | -13 |
of which: Direct investment | 1,822 | 1,912 | 1,897 | -17 | -310 | 1,570 | 85 | 218 | 1,873 | 18 |
of which: Portfolio investment | -3,402 | -3,489 | -3,407 | 96 | -95 | -3,406 | -131 | -187 | -3,724 | -37 |
of which: Other investment | -254 | -129 | -202 | -31 | 180 | -52 | 4 | 23 | -25 | -0 |
Assets | 17,940 | 18,472 | 19,220 | 58 | 74 | 19,352 | 505 | 1,231 | 21,087 | 208 |
Direct investment | 7,464 | 7,543 | 7,798 | 56 | -285 | 7,569 | 160 | 476 | 8,204 | 81 |
Equity | 5,142 | 5,171 | 5,315 | 8 | -57 | 5,266 | 71 | 289 | 5,626 | 55 |
Debt instruments | 2,322 | 2,372 | 2,483 | 48 | -228 | 2,303 | 89 | 187 | 2,578 | 25 |
Portfolio investment | 5,664 | 5,961 | 6,306 | 93 | 110 | 6,509 | 129 | 633 | 7,271 | 72 |
Equity | 2,043 | 2,190 | 2,318 | 22 | 77 | 2,417 | -15 | 347 | 2,749 | 27 |
Investment fund shares | 360 | 380 | 404 | -10 | 24 | 418 | 2 | 51 | 470 | 5 |
Debt securitites | 3,261 | 3,390 | 3,584 | 81 | 9 | 3,674 | 142 | 235 | 4,052 | 40 |
Short-term | 525 | 535 | 583 | 19 | -10 | 592 | 13 | 38 | 644 | 6 |
Long-term | 2,736 | 2,856 | 3,001 | 62 | 20 | 3,082 | 129 | 197 | 3,408 | 34 |
Financial derivatives (net assets) | -82 | -70 | -56 | 10 | 2 | -44 | 27 | -5 | -21 | -0 |
Other investment | 4,397 | 4,532 | 4,652 | -105 | 235 | 4,783 | 183 | 64 | 5,030 | 50 |
of which: Currency and deposits | 2,369 | 2,459 | 2,518 | -84 | 150 | 2,584 | 109 | 66 | 2,758 | 27 |
Reserve assets | 497 | 507 | 520 | 3 | 12 | 534 | 6 | 63 | 603 | 6 |
Liabilities | 19,360 | 19,741 | 20,468 | -3 | 284 | 20,749 | 514 | 1,119 | 22,382 | 220 |
Direct investment | 5,642 | 5,631 | 5,901 | 74 | 25 | 5,999 | 75 | 258 | 6,332 | 62 |
Equity | 3,728 | 3,721 | 3,868 | 60 | 102 | 4,031 | 3 | 85 | 4,119 | 41 |
Debt instruments | 1,915 | 1,909 | 2,032 | 13 | -78 | 1,968 | 71 | 174 | 2,212 | 22 |
Portfolio investment | 9,066 | 9,449 | 9,713 | -3 | 205 | 9,915 | 260 | 820 | 10,995 | 108 |
Equity | 1,736 | 1,827 | 1,835 | 3 | -6 | 1,832 | 42 | 331 | 2,205 | 22 |
Investment fund shares | 2,636 | 2,762 | 2,924 | 31 | 57 | 3,013 | 101 | 307 | 3,421 | 34 |
Debt securities | 4,694 | 4,860 | 4,954 | -37 | 153 | 5,071 | 117 | 182 | 5,370 | 53 |
Short-term | 434 | 465 | 484 | -53 | 6 | 437 | 22 | 10 | 470 | 5 |
Long-term | 4,260 | 4,394 | 4,470 | 16 | 147 | 4,633 | 94 | 172 | 4,899 | 48 |
Other investment | 4,651 | 4,661 | 4,854 | -74 | 55 | 4,835 | 179 | 41 | 5,055 | 50 |
of which: Currency and deposits | 2,823 | 2,802 | 2,907 | -53 | 9 | 2,863 | 119 | 166 | 3,147 | 31 |
Memo item: Gross external debt | 11,255 | 11,426 | 11,836 | - | - | 11,869 | - | - | 12,633 | 124 |
Memo item: Net external debt | 1,090 | 944 | 917 | - | - | 903 | - | - | 731 | 7 |
Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | Q1 2015 | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Transactions | Other changes |
Amounts outstanding |
Transactions | Other changes |
Amounts outstanding |
Percentage of GDP |
||||
Net/Balance | -1,420 | -1,269 | -1,248 | 61 | -210 | -1,397 | -9 | 111 | -1,295 | -13 |
of which: Direct investment | 1,822 | 1,912 | 1,897 | -17 | -310 | 1,570 | 85 | 218 | 1,873 | 18 |
of which: Portfolio investment | -3,402 | -3,489 | -3,407 | 96 | -95 | -3,406 | -131 | -187 | -3,724 | -37 |
of which: Other investment | -254 | -129 | -202 | -31 | 180 | -52 | 4 | 23 | -25 | -0 |
Assets | 17,940 | 18,472 | 19,220 | 58 | 74 | 19,352 | 505 | 1,231 | 21,087 | 208 |
Direct investment | 7,464 | 7,543 | 7,798 | 56 | -285 | 7,569 | 160 | 476 | 8,204 | 81 |
Equity | 5,142 | 5,171 | 5,315 | 8 | -57 | 5,266 | 71 | 289 | 5,626 | 55 |
Debt instruments | 2,322 | 2,372 | 2,483 | 48 | -228 | 2,303 | 89 | 187 | 2,578 | 25 |
Portfolio investment | 5,664 | 5,961 | 6,306 | 93 | 110 | 6,509 | 129 | 633 | 7,271 | 72 |
Equity | 2,043 | 2,190 | 2,318 | 22 | 77 | 2,417 | -15 | 347 | 2,749 | 27 |
Investment fund shares | 360 | 380 | 404 | -10 | 24 | 418 | 2 | 51 | 470 | 5 |
Debt securitites | 3,261 | 3,390 | 3,584 | 81 | 9 | 3,674 | 142 | 235 | 4,052 | 40 |
Short-term | 525 | 535 | 583 | 19 | -10 | 592 | 13 | 38 | 644 | 6 |
Long-term | 2,736 | 2,856 | 3,001 | 62 | 20 | 3,082 | 129 | 197 | 3,408 | 34 |
Financial derivatives (net assets) | -82 | -70 | -56 | 10 | 2 | -44 | 27 | -5 | -21 | -0 |
Other investment | 4,397 | 4,532 | 4,652 | -105 | 235 | 4,783 | 183 | 64 | 5,030 | 50 |
of which: Currency and deposits | 2,369 | 2,459 | 2,518 | -84 | 150 | 2,584 | 109 | 66 | 2,758 | 27 |
Reserve assets | 497 | 507 | 520 | 3 | 12 | 534 | 6 | 63 | 603 | 6 |
Liabilities | 19,360 | 19,741 | 20,468 | -3 | 284 | 20,749 | 514 | 1,119 | 22,382 | 220 |
Direct investment | 5,642 | 5,631 | 5,901 | 74 | 25 | 5,999 | 75 | 258 | 6,332 | 62 |
Equity | 3,728 | 3,721 | 3,868 | 60 | 102 | 4,031 | 3 | 85 | 4,119 | 41 |
Debt instruments | 1,915 | 1,909 | 2,032 | 13 | -78 | 1,968 | 71 | 174 | 2,212 | 22 |
Portfolio investment | 9,066 | 9,449 | 9,713 | -3 | 205 | 9,915 | 260 | 820 | 10,995 | 108 |
Equity | 1,736 | 1,827 | 1,835 | 3 | -6 | 1,832 | 42 | 331 | 2,205 | 22 |
Investment fund shares | 2,636 | 2,762 | 2,924 | 31 | 57 | 3,013 | 101 | 307 | 3,421 | 34 |
Debt securities | 4,694 | 4,860 | 4,954 | -37 | 153 | 5,071 | 117 | 182 | 5,370 | 53 |
Short-term | 434 | 465 | 484 | -53 | 6 | 437 | 22 | 10 | 470 | 5 |
Long-term | 4,260 | 4,394 | 4,470 | 16 | 147 | 4,633 | 94 | 172 | 4,899 | 48 |
Other investment | 4,651 | 4,661 | 4,854 | -74 | 55 | 4,835 | 179 | 41 | 5,055 | 50 |
of which: Currency and deposits | 2,823 | 2,802 | 2,907 | -53 | 9 | 2,863 | 119 | 166 | 3,147 | 31 |
Memo item: Gross external debt | 11,255 | 11,426 | 11,836 | - | - | 11,869 | - | - | 12,633 | 124 |
Memo item: Net external debt | 1,090 | 944 | 917 | - | - | 903 | - | - | 731 | 7 |