Table 2: Monthly balance of payments of the euro area

(EUR billions unless otherwise indicated; transactions; non-working day and non-seasonally adjusted data)

	Cumulated figures for the 12-month period ending						March 2018			April 2018
	April 2017			April 2018
		Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit
	Source: ECB.
	1) Financial account: increases in assets and liabilities (+) and decreases in assets and liabilities (-).
	CURRENT ACCOUNT	363.0	3,737.3	3,374.3	410.0	3,939.2	3,529.1	41.3	343.4	302.0	26.2	320.5	294.3
	Goods	348.7	2,180.1	1,831.3	351.2	2,311.8	1,960.6	37.4	207.9	170.5	22.6	188.9	166.3
	Services	44.8	800.5	755.7	106.2	859.9	753.7	8.9	71.6	62.7	7.9	67.5	59.6
	Primary income	112.7	651.6	538.9	87.8	658.1	570.3	8.0	54.2	46.2	5.6	55.4	49.8
	Secondary income	-143.3	105.1	248.4	-135.2	109.3	244.6	-13.0	9.7	22.6	-9.9	8.7	18.6
CAPITAL ACCOUNT	-12.3	31.5	43.7	-3.2	35.1	38.4	0.8	3.8	3.0	0.2	2.1	2.0
	Net	Assets	Liabilities	Net	Assets	Liabilities	Net	Assets	Liabilities	Net	Assets	Liabilities
FINANCIAL ACCOUNT 1)	348.0	1,289.5	941.5	479.7	750.6	270.9	85.3	-8.7	-94.0	-6.0	98.0	104.0
Direct investment	218.6	466.5	247.9	165.4	36.8	-128.6	64.4	32.0	-32.4	34.7	20.7	-14.0
Equity	271.8	425.2	153.4	267.5	47.5	-220.0	25.7	10.2	-15.5	25.8	17.7	-8.1
Debt instruments	-53.2	41.3	94.5	-102.1	-10.7	91.4	38.7	21.8	-16.9	8.9	3.0	-5.9
Portfolio investment	307.5	420.0	112.5	279.7	594.2	314.5	-31.0	30.8	61.8	26.4	20.2	-6.2
Equity	-180.7	87.7	268.4	-189.9	183.0	372.9	-36.1	-11.3	24.8	23.7	16.7	-6.9
Debt securities	488.2	332.3	-155.9	469.6	411.2	-58.4	5.1	42.1	37.0	2.7	3.5	0.8
Short-term	-22.5	25.0	47.5	88.7	55.8	-32.8	18.0	12.0	-6.0	7.3	-0.6	-8.0
Long-term	510.7	307.3	-203.4	380.9	355.4	-25.6	-12.9	30.1	43.1	-4.6	4.1	8.7
Memo: Direct and portfolio investment	526.1	886.5	360.3	445.1	630.9	185.9	33.4	62.8	29.4	61.1	40.9	-20.2
Financial derivatives	40.2			-11.2			-4.5			1.7
Other investment	-228.0	353.2	581.1	32.9	117.9	85.0	47.0	-76.4	-123.4	-65.1	59.1	124.2
Eurosystem	-139.2	7.3	146.5	-115.8	2.4	118.2	-74.4	0.1	74.5	50.7	-0.4	-51.1
MFIs (excluding the Eurosystem)	-73.3	248.5	321.8	53.7	20.8	-32.9	90.8	-83.6	-174.4	-112.1	55.5	167.6
General government	2.9	-1.7	-4.6	16.2	-7.2	-23.4	-1.6	-0.4	1.2	-0.8	-2.6	-1.8
Other sectors	-18.3	99.1	117.5	78.8	101.9	23.1	32.2	7.5	-24.7	-2.9	6.6	9.5
Of which: currency and deposits	-306.9	159.0	465.9	-55.3	19.2	74.5	88.6	-50.5	-139.1	-111.6	11.8	123.4
Reserve assets		9.7			12.9			9.4			-3.7
Errors and omissions	-2.6			72.9			43.2			-32.4