Details follow (in millions of U.S. dollars):
BALANCE OF PAYMENTS | Jan-July'08 | Jan-July'07 |
I. CURRENT ACCOUNT BALANCE | -5,632 | -3,347 |
- Balance of goods | -6,918 | -4,744 |
- Balance of services | -203 | -132 |
-Balance of goods and services | -7,050 | -4,946 |
- Net factor income | -752 | -371 |
- Current transfers | 2,169 | 1,970 |
II. FINANCIAL ACCOUNT BALANCE | 5,469 | 3,611 |
- Net foreign direct investments | 2,321 | 922 |
- Net long-term credits | -29 | -12 |
- Net short-term credits | -19 | 11 |
III. ERRORS & OMISSIONS | 142 | 150 |
IV. TOTAL BALANCE | -269 | 526 |
($=0.7071 euro)