Commission Regulation (EC) No 707/2009

law://eu/reg/2009/707@2026-11-13

Contents

THE COMMISSION OF THE EUROPEAN COMMUNITIES,Having regard to the Treaty establishing the European Community,Having regard to Regulation (EC) No 184/2005 of the European Parliament and of the Council of 12 January 2005 on Community statistics concerning balance of payments, international trade in services and foreign direct investment^note, and in particular Article 10 thereof,Whereas:

(1)Regulation (EC) No 184/2005 establishes a common framework for the systematic production of Community statistics on balance of payments, international trade in services and foreign direct investment.

(2)Due to the economic and technical developments in the area of balance of payments, it is necessary to regularly update the data requirements and to adapt the level of the breakdown laid down in Regulation (EC) No 184/2005.

(3)The adoption of Regulation (EC) No 1161/2005 of the European Parliament and of the Council of 6 July 2005 on the compilation of quarterly non-financial accounts by institutional sector^note has resulted in a need for additional balance of payments statistics.

(4)In order to improve the accuracy of aggregates for income and current account at the Community level, to ensure consistency between the aggregation method for Portfolio Investment Income (current account) and Portfolio Investment flows (financial account), and to ensure consistency between calculations of the European Commission (Eurostat) and those of the European Central Bank (ECB), it is necessary to introduce certain amendments of the data requirements in Table 1 ‘Balance of payments euro indicators’ and Table 2 ‘Balance of payments quarterly statistics’ of Annex I to Regulation (EC) No 184/2005.

(5)The accession of Bulgaria and Romania to the European Union and the adoption of the euro by Slovenia, Cyprus, Malta and Slovakia require corresponding changes to be made in Table 6 ‘Geographical breakdown levels’ of Annex I to Regulation (EC) No 184/2005.

(6)Following the adoption of Regulation (EC) No 1893/2006 of the European Parliament and of the Council of 20 December 2006 establishing the statistical classification of economic activities NACE Revision 2 and amending Council Regulation (EEC) No 3037/90 as well as certain EC Regulations on specific statistical domains^note, it is necessary to adapt the activity breakdown levels in Table 7 ‘Activity breakdown levels’ of Annex I to Regulation (EC) No 184/2005.

(7)The measures provided for in this Regulation, are in accordance with the opinion of the Balance of Payments Committee set up by Regulation (EC) No 184/2005,

HAS ADOPTED THIS REGULATION:

Article 1 #

Annex I to Regulation (EC) No 184/2005 is amended as set out in the Annex to this Regulation.

Article 2 #

This Regulation shall enter into force on the 20th day following its publication in the Official Journal of the European Union.

2.Starting from the first reference period in 2009, point 2 is replaced by the following:2.Balance of payments quarterly statisticsBOP QQuarterly Data | Deadlinet + 3 monthsPeriodicityQuarterFirst reference periodfirst quarter of 2009Credit | Debit | NetI.Current Account | World | World | WorldGoods | Level 1 | Level 1 | Level 1Services | Level 1 | Level 1 | Level 1Transportation | Level 1 | Level 1 | Level 1Travel | Level 1 | Level 1 | Level 1Communications services | Level 1 | Level 1 | Level 1Construction services | Level 1 | Level 1 | Level 1Insurance services | Level 1 | Level 1 | Level 1Financial services | Level 1 | Level 1 | Level 1Computer and information services | Level 1 | Level 1 | Level 1Royalties and licence fees | Level 1 | Level 1 | Level 1Other business services | Level 1 | Level 1 | Level 1Personal, cultural and recreational services | Level 1 | Level 1 | Level 1Government services, not included elsewhere. | Level 1 | Level 1 | Level 1Income | World | World | WorldCompensation of employees | Level 1 | Level 1 | Level 1Investment Income | World | World | World—Direct Investment | Level 1 | Level 1 | Level 1Income on equity | | |Dividends and distributed profits | | |Reinvested earnings and undistributed profits | | |Income on debt (interest) | | |—Portfolio Investment | Level 1 | | WorldIncome on equity | | | WorldIncome on debt (interest) | | | World—Other investment | Level 1 | Level 1 | Level 1Interest BPM5 (not adjusted for FISIM) | | |Income attributed to insurance policy holder | | |Other | | |Memorandum Items — income | | |Investment income — interest SNA93 (adjusted for FISIM) | | | WorldValue of FISIM | | |Investment income — interest BPM5 (not adjusted for FISIM) | | | WorldInvestment income — other than interest | | | WorldCurrent transfers | Level 1 | Level 1 | Level 1General Government | | |Taxes on products | | |Other taxes on production | | |Subsidies on products | | |Other subsidies on production | | |Taxes on income, wealth, etc. | | |Social contributions | | |Social benefits other than social transfers in kind | | |Other current transfers of general government n.i.e. | | |Other sectors | | |Workers' remittances | | |Other private transfers | | |Taxes on products | | |Other taxes on production | | |Subsidies on products | | |Other subsidies on production | | |Taxes on income, wealth, etc. | | |Social contributions | | |Social benefits other than social transfers in kind | | |Net non-life insurance premiums | | |Non-life insurance claims | | |Other current transfers of other sectors n.i.e. | | |Adjustments for the change in net equity of households in pension fund reserves | | |II.Capital account | Level 1 | Level 1 | Level 1Capital transfers | | |Capital taxes | | |Investment grants and other capital transfers | | |Acquisition/disposal of non-produced, non-financial assets | | || Net assets | Net liabilities | NetIII.Financial Account | | |Direct Investment | | | Level 1Abroad | | | Level 1—Equity capital | | | Level 1—Reinvested earnings | | | Level 1—Other capital | | | Level 1In the reporting economy | | | Level 1—Equity capital | | | Level 1—Reinvested earnings | | | Level 1—Other capital | | | Level 1Portfolio Investment | Level 1 | World |Financial derivatives | | | WorldOther Investment | Level 1 | Level 1 | Level 1Official reserve assets | World | |IV.Net errors and omissions | | | World

3.Point 6 is amended as follows:

(a)in the table, the column ‘Level 1’ is amended as follows:

(i)the entry ‘D3 EU-25 (Intra-EU-25)’ is replaced by the entry ‘V1 EU-27 (Intra-EU-27)’;

(ii)the entry ‘D5 Extra-EU-25’ is replaced by the entry ‘V2 Extra-EU-27’;

(iii)the entry ‘Z8 Extra-EU-25 non-allocated’ is replaced by the entry ‘Z8 Extra-EU-27 non allocated’;

(b)in the table, the column ‘Level 2’ is amended as follows:

(i)the entry ‘D3 EU-25 (Intra-EU-25)’ is replaced by the entry ‘V1 EU-27 Intra-EU-27)’;

(ii)the entry ‘D5 Extra-EU-25’ is replaced by the entry ‘V2 Extra-EU-27’;

(iii)the entry ‘BG Bulgaria’ is deleted;

(iv)the entry ‘RO Romania’ is deleted;

(v)the entry ‘Z8 Extra-EU-25 non-allocated’ is replaced by the entry ‘Z8 Extra-EU-27 non allocated’;

(c)in the table, the column ‘Level 3’ is amended as follows:

(i)the entry ‘CS Serbia and Montenegro’ is deleted;

(ii)the entry ‘ME Montenegro’ is inserted after the entry ‘MD Moldova, Republic of’;

(iii)the entry ‘RS Serbia’ is inserted after the entry ‘QA Qatar’.

4.Beginning with the annual transmission in 2011 point 7 is replaced by the following:7.Activity breakdown levelsLevel 1 | Level 2 | NACE rev. 2| AGRICULTURE, FORESTRY AND FISHING | sec AMINING AND QUARRYING | MINING AND QUARRYING | sec B| Extraction of crude petroleum, natural gas and mining support service activities | div 06, 09MANUFACTURING | MANUFACTURING | sec C| Food products, beverages and tobacco products | div 10, 11, 12| TOTAL textiles & wood activities | div 13, 14, 16, 17, 18| Textiles and wearing apparel | div 13, 14| Wood, paper, printing and reproduction | div 16, 17, 18Petroleum, chemicals, pharmaceutical products, rubber & plastic products | TOTAL petroleum, chemicals, pharmaceutical products, rubber & plastic products | div 19, 20, 21, 22| Coke and refined petroleum products | div 19| Chemicals and chemical products | div 20| Rubber and plastic products | div 22| TOTAL metal & machinery products | div 24, 25, 26, 28| Basic metals and fabricated metal products | div 24, 25Computer, electronic and optical products | Computer, electronic and optical products | div 26| Machinery and equipment n.e.c. | div 28Vehicles, other transport equipment | TOTAL vehicles & other transport equipment | div 29, 30| Motor vehicles, trailers and semi trailers | div 29| Other transport equipment | div 30| TOTAL of other manufacturing | div 15, 23, 27, 31, 32, 33ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY | ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY | sec DWATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES | WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES | sec E| Water collection, treatment and supply | div 36| Sewerage, waste management, remediation activities | div 37, 38, 39CONSTRUCTION | CONSTRUCTION | sec FTOTAL SERVICES | TOTAL SERVICES | sec G, H, I, J, K, L, M, N O, P, Q, R, S, T, UWHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES | WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES | sec G| Wholesale and retail trade and repair of motor vehicles and motorcycles | div 45| Wholesale trade, except of motor vehicles and motorcycles | div 46| Retail trade, except of motor vehicles and motorcycles | div 47TRANSPORTATION AND STORAGE | TRANSPORTATION AND STORAGE | sec H| TOTAL transport and storage | div 49, 50, 51, 52| Land transport and transport via pipelines | div 49| Water transport | div 50| Air transport | div 51| Warehousing and support activities for transportation | div 52| Postal and courier activities | div 53ACCOMMODATION AND FOOD SERVICE ACTIVITIES | ACCOMMODATION AND FOOD SERVICE ACTIVITIES | sec IINFORMATION AND COMMUNICATION | INFORMATION AND COMMUNICATION | sec J| Motion picture, video, television programme production, other entertainment activities | div 59, 60| Telecommunications | div 61| Other information and communication activities | div 58, 62, 63FINANCIAL AND INSURANCE ACTIVITIES | FINANCIAL AND INSURANCE ACTIVITIES | sec K| Financial intermediation, except insurance and pension funding | div 64| Activities of holding companies | group 64,2| Insurance, reinsurance and pension funding, except compulsory social security | div 65| Other financial activities | div 66| REAL ESTATE ACTIVITIES | sec LPROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES | PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES | sec M| Legal and accounting activities | div 69| Legal activities | group 69,1| Accounting, bookkeeping and auditing activities; tax consultancy | group 69,2| Activities of head offices; management consultancy activities | div 70| Activities of head offices | group 70,1| Management consultancy activities | group 70,2| Architecture and engineering activities; technical testing and analysis | div 71Scientific Research and development | Scientific Research and development | div 72| Advertising and market research | div 73| Advertising | group 73,1| Market research and public opinion polling | group 73,2| Other professional, scientific and technical activities, veterinary activities | div 74, 75| ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES | sec N| Rental and leasing activities | div 77| Other administrative and support service activities | div 78, 79, 80, 81, 82| EDUCATION | sec P| HUMAN HEALTH AND SOCIAL WORK ACTIVITIES | sec QARTS, ENTERTAINMENT AND RECREATION | ARTS, ENTERTAINMENT AND RECREATION | sec R| Creative, arts and entertainment activities | div 90| Libraries, archives, museums and other cultural activities | div 91| Sporting and other recreational activities; gambling and betting activities | div 92, 93| OTHER SERVICE ACTIVITIES | sec S| Activities of membership organizations | div 94| Repair of computers and personal and household goods, other personal service activities | div 95, 96| Not allocated || Private purchases and sales of real estate |

Annex I to Regulation (EC) No 184/2005 is amended as follows:

Commission Regulation (EC) No 707/2009

Commission Regulation (EC) No 707/2009

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