[autom.vertaling] Eerste ramingen voor het tweede trimester van de rekenings -courantsurplus van 2003 EU15 9,5 miljard euro (en)
7.6 bn euro surplus on trade in services
The EU15 external current account1 recorded a surplus of 9.5 billion euro in the second quarter of 2003, as compared with a surplus of 7.0 billion euro in the second quarter of 2002 and a surplus of 8.2 billion euro in the first quarter of 2003.
In the second quarter of 2003 the EU15 external balance of trade in services recorded a surplus of 7.6 billion euro as compared with a surplus of 6 .1 billion euro in the second quarter of 2002 and a surplus of 4.6 billion euro in the first quarter of 2003.
This provisional data2, issued today by Eurostat, Statistical Office of the European Communities in Luxembourg, will be subject to revision.
Balance of payments euro-indicators for EU153
(in bn euro)
' | Q1/2002 | Q2/2002 | Q3/2002 | Q4/2002 | Q1/2003 | Q2/2003 |
EU15 current account balance | 2.3 | 7.0 | 22.9 | 15.5 | 8.2 | 9.5 |
EU15 balance of trade in services | 0.0 | 6.1 | 6.3 | 7.7 | 4.6 | 7.6 |
EU15 current account balance as % of GDP | 0.1% | 0.3% | 1.0% | 0.7% | 0.4% | : |
Source: Eurostat
Balance of payments euro-indicators for the euro-zone4
(in bn euro)
' | Q1/2002 | Q2/2002 | Q3/2002 | Q4/2002 | Q1/2003 | Q2/2003 |
Euro-zone current account balance | 12.0 | 2.2 | 23.0 | 22.4 | 2.8 | -5.0 |
Euro-zone balance of trade in services | -4.7 | 5.9 | 5.9 | 4.0 | 1.1 | 5.6 |
Euro-zone current account balance as % of GDP | 0.7% | 0.1% | 1.3% | 1.2% | 0.2% | : |
Source: European Central Bank (ECB Monthly Bulletin August 2003)
Balance of payments euro-indicators for the euro-zone4
(in bn euro)
' | May 02 | Jun 02 | Jul 02 | Aug 02 | Sep 02 | Oct 02 | Nov 02 | Dec 02 | Jan 03 | Feb 03 | Mar 03 | Apr 03 | May 03 | Jun 03 |
Euro-zone current account balance | 0.7 | 7.4 | 4.8 | 9.9 | 8.3 | 4.7 | 10.6 | 7.1 | -4.8 | 3.5 | 4.0 | -8.6 | 0.4 | 3.2 |
Euro-zone balance of trade in services | 2.1 | 3.2 | 1.7 | 0.4 | 3.9 | 0.9 | 1.7 | 1.4 | -0.6 | 0.1 | 1.5 | 0.8 | 2.0 | 2.8 |
The current account covers all transactions (other than those recorded in the financial account) occurring between resident and non-resident entities. Within the current account four main types of transactions are separately identified:
The goods account covers general merchandise, goods for processing, repairs on goods, goods procured in ports by carriers and non-monetary gold. Exports and imports of goods are recorded on a f.o.b./f.o.b. basis, i.e. at market value at the customs frontiers of exporting economies, including charges for insurance and transport services up to the frontier of the exporting country.
The services account consists of the following items: transportation services performed by EU15 residents for non-EU15 residents, or viceversa, involving the carriage of passengers, the movement of goods, rentals of carriers with crew and related supporting and auxiliary services, travel, which includes primarily the goods and services EU15 travellers acquire from non-EU15 residents, or vice versa, and other services, which comprise those service transactions such as communication services, insurance, financial services etc.
The income account covers two types of transactions: compensation of employees paid to non-resident workers or received from non-resident employers, and investment income accrued on external financial assets and liabilities.
The current transfers account includes general government current transfers, e.g. transfers related to international co-operation between governments, payments of current taxes on income and wealth, etc., and other current transfers, e.g. workers' remittances, insurance premiums less service charges and claims on non-life insurance companies.
The EU15 balance of payments euro indicators (first estimates for the reference quarter) are based on figures (current account and trade in services balances) provided by the Member States to Eurostat two months after the reference quarter, and should be considered as provisional. This News Release corresponds to these first estimates. Eurostat then produces a second release once the quarterly data are transmitted to Eurostat, on a more complete basis, three months after the reference quarter. Figures could also be subject to revision when data for next quarters are transmitted by the Member States. The second release for the second quarter of 2003 will be issued on Friday, 24 October 2003.
In line with the agreed allocation of responsibility, the European Central Bank (ECB) (http://www.ecb.int/, section statistics/statistical press releases) is in charge of compiling and disseminating monthly and quarterly balance of payments statistics for the euro-zone, whereas the European Commission (Eurostat) focuses on quarterly and annual aggregates of the EU15. The data comply with international standards, in particular those set out in the IMF Manual on Balance of Payments Statistics (5th edition). The aggregates for the euro-zone and the EU15 are compiled consistently on the basis of Member States' transactions with residents of countries outside the euro-zone and the European Union respectively.
Euro-zone: Belgium, Germany, Spain, Greece, France, Italy, Ireland, Luxembourg, the Netherlands, Austria, Portugal and Finland. The EU15 also includes Denmark, Sweden and the United Kingdom.
Issued by: Eurostat Press Office Philippe BAUTIER, Tim ALLEN, Aurora ORTEGA SANCHEZ and Louise CORSELLI BECH Building L-2920 LUXEMBOURG Tel: +352-4301-33 444 Fax: +352-4301-35 349 | For further information on data:
Luis BIEDMA Tel: +352-4301-34 728 Fax: +352-4301-33 859 Maria KELLY Tel: +352-4301-35 191 Fax: +352-4301-33 859 Eurostat news releases on the Internet: |