Commission Delegated Regulation (EU) 2019/505 of 19 December 2018 amending Annex I to Regulation (EC) No 184/2005 of the European Parliament and of the Council, as regards the geographical breakdown levels (Text with EEA relevance.)
Date: 2018-12-19
Institutions: European Commission, Eurostat
Subjects: EU statistics, Europe, United Kingdom, balance of payments, direct investment, foreign investment, international trade, service industry, third country, withdrawal from the EU








L_2019085EN.01000101.xml










27.3.2019   


EN


Official Journal of the European Union


L 85/1








            COMMISSION DELEGATED REGULATION (EU) 2019/505
of 19 December 2018
         
amending Annex I to Regulation (EC) No 184/2005 of the European Parliament and of the Council, as regards the geographical breakdown levels
(Text with EEA relevance)


THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,


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 (1), and in particular Article 2(3) thereof,

Whereas:







(1)


On 29 March 2017, the United Kingdom submitted the notification of its intention to withdraw from the Union pursuant to Article 50 of the Treaty on European Union. The Treaties will cease to apply to the United Kingdom from the date of entry into force of a withdrawal agreement or failing that, two years after that notification, that is to say from 30 March 2019, unless the European Council, in agreement with the United Kingdom, unanimously decides to extend that period.












(2)


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.












(3)


Member States are to submit to the Commission (Eurostat) data on balance of payments, international trade in services and foreign direct investment as referred to in Annex I to Regulation (EC) No 184/2005. That Regulation defines, inter alia, the required levels of geographical breakdown of the data to be submitted by the Member States to the Commission (Eurostat).












(4)


Table 6 of Annex I to Regulation (EC) No 184/2005 contains implicit references to the United Kingdom in the counterpart area ‘Union Member States not in the euro area’ under geographical breakdown level GEO 4. Member States are required to submit data for that counterpart area to the Commission (Eurostat) with an individual breakdown by country.












(5)


The withdrawal of the United Kingdom from the Union would have the effect that the United Kingdom would become a third country and as such would no longer be part of the counterpart area ‘Union Member States not in the euro area’ of GEO 4. Member States would therefore no longer be legally bound to submit data for the counterpart area concerning the United Kingdom.












(6)


GEO 4 sets out the geographical breakdown level required for certain items of quarterly statistics on balance of payments and international investment position and activity breakdown of annual direct investment positions and annual direct investment transactions and income.












(7)


European statistics concerning the balance of payments, international investment positions and foreign direct investment are of vital importance to ensuring informed economic policymaking and accurate economic forecasting. They are essential for those responsible for public policy in the Union, for research and Union citizens.












(8)


Given the intense trade and economic relations between the Union and the United Kingdom, it is essential to ensure continuity of Member States' submission of data with the United Kingdom as counterpart after its withdrawal from the Union.












(9)


Table 6 of Annex I to Regulation (EC) No 184/2005 also contains explicit references to the United Kingdom in geographical breakdown levels GEO 5 and GEO 6, where the United Kingdom is listed as a separate counterpart country under geographical aggregate ‘Europe’, together with all other Member States of the Union.












(10)


Aggregate ‘Europe’ in GEO 5 and GEO 6 is composed of all Member States, the Member States of the European Free Trade Association (EFTA) and other European states. Aggregate ‘Other European Countries’ consists of all European countries that are neither Members States of the Union nor EFTA Member States, listed in alphabetical order in English.












(11)


Due to the United Kingdom becoming a third country, its positioning in GEO 5 and GEO 6 needs to be changed accordingly.












(12)


Table 6 of Annex I to Regulation (EC) No 184/2005 should therefore be amended to include the United Kingdom as a separate counterpart country in geographical breakdown level GEO 4 and to change its positioning in geographical breakdown levels GEO 5 and GEO 6. Such update neither affects the reporting burden nor modifies the applicable underlying conceptual framework.












(13)


Taking into account the scrutiny period of three months applying to this delegated act and the necessity to have an updated Table 6 of Annex I to Regulation (EC) No 184/2005 in place and ready to be applied at the moment that the United Kingdom would cease to be in the counterpart area ‘Union Member States not in the euro area’, which could be as early as 30 March 2019, it is essential for this Regulation to enter into force as soon as possible,





HAS ADOPTED THIS REGULATION:



Article 1
Annex I to Regulation (EC) No 184/2005 is amended in accordance with the Annex to this Regulation.


Article 2
This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.
It shall apply from the day following that on which the United Kingdom ceases to be a Member State of the Union.




This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 19 December 2018.


For the Commission


The President

Jean-Claude JUNCKER
            





(1)  
            OJ L 35, 8.2.2005, p. 23.




ANNEX
In Annex I to Regulation (EC) No 184/2005, Table 6 ‘Geographical breakdown levels’ is replaced by the following:


                     ‘
                     Geographical breakdown levels








GEO 1


GEO 2


GEO 3




REST OF THE WORLD


REST OF THE WORLD


REST OF THE WORLD




 


Intra euro area


INTRA UNION




 


Extra euro area


EXTRA UNION




 


 


Intra euro area




 


 


Extra euro area














GEO 4


GEO 5


GEO 6




REST OF THE WORLD


REST OF THE WORLD


REST OF THE WORLD




 


EUROPE


EUROPE




Union Member States not in the euro area (1)



Belgium


Belgium




 


Bulgaria


Bulgaria




 


Czech Republic


Czech Republic




 


Denmark


Denmark




 


Germany


Germany




 


Estonia


Estonia




 


Ireland


Ireland




 


Greece


Greece




 


Spain


Spain




 


France


France




 


Croatia


Croatia




 


Italy


Italy




 


Cyprus


Cyprus




 


Latvia


Latvia




 


Lithuania


Lithuania




 


Luxembourg


Luxembourg




 


Hungary


Hungary




 


Malta


Malta




 


Netherlands


Netherlands




 


Austria


Austria




 


Poland


Poland




 


Portugal


Portugal




 


Romania


Romania




 


Slovenia


Slovenia




 


Slovakia


Slovakia




 


Finland


Finland




 


Sweden


Sweden




 


Iceland


Iceland




 


Liechtenstein


Liechtenstein




 


Norway


Norway




Switzerland


Switzerland


Switzerland




 


OTHER EUROPEAN COUNTRIES


OTHER EUROPEAN COUNTRIES




 


 


Albania




 


 


Andorra




 


 


Belarus




 


 


Bosnia and Herzegovina




 


 


Faroe Islands




 


 


Gibraltar




 


 


Guernsey




 


 


Holy See (Vatican City State)




 


 


Isle of Man




 


 


Jersey




 


 


Macedonia, the Former Yugoslav Republic of




 


 


Moldova




 


 


Montenegro




Russia


Russia


Russia




 


 


Serbia




 


 


San Marino




 


Turkey


Turkey




 


 


Ukraine




United Kingdom


United Kingdom


United Kingdom




 


AFRICA


AFRICA




 


NORTH AFRICA


NORTH AFRICA




 


 


Algeria




 


Egypt


Egypt




 


 


Libya




 


Morocco


Morocco




 


 


Tunisia




 


OTHER AFRICAN COUNTRIES


OTHER AFRICAN COUNTRIES




 


 


Angola




 


 


Benin




 


 


Botswana




 


 


British Indian Ocean Territory




 


 


Burkina Faso




 


 


Burundi




 


 


Cameroon




 


 


Cape Verde




 


 


Central African Republic




 


 


Chad




 


 


Comoros




 


 


Congo




 


 


Côte d'Ivoire




 


 


Congo, the Democratic Republic of




 


 


Djibouti




 


 


Equatorial Guinea




 


 


Eritrea




 


 


Ethiopia




 


 


Gabon




 


 


Gambia




 


 


Ghana




 


 


Guinea




 


 


Guinea-Bissau




 


 


Kenya




 


 


Lesotho




 


 


Liberia




 


 


Madagascar




 


 


Malawi




 


 


Mali




 


 


Mauritania




 


 


Mauritius




 


 


Mozambique




 


 


Namibia




 


 


Niger




 


Nigeria


Nigeria




 


South Africa


South Africa




 


 


Rwanda




 


 


St Helena, Ascension and Tristan da Cunha




 


 


Sao Tome and Principe




 


 


Senegal




 


 


Seychelles




 


 


Sierra Leone




 


 


Somalia




 


 


Sudan




 


 


South Sudan




 


 


Swaziland




 


 


Tanzania




 


 


Togo




 


 


Uganda




 


 


Zambia




 


 


Zimbabwe




 


AMERICA


AMERICA




 


NORTH AMERICAN COUNTRIES


NORTH AMERICAN COUNTRIES




Canada


Canada


Canada




 


 


Greenland




United States


United States


United States




 


CENTRAL AMERICAN COUNTRIES


CENTRAL AMERICAN COUNTRIES




 


 


Anguilla




 


 


Antigua and Barbuda




 


 


Aruba




 


 


Bahamas




 


 


Barbados




 


 


Belize




 


 


Bermuda




 


 


Bonaire, St. Eustatius and Saba




 


 


Virgin Islands, British




 


 


Cayman Islands




 


 


Costa Rica




 


 


Cuba




 


 


Curaçao




 


 


Dominica




 


 


Dominican Republic




 


 


El Salvador




 


 


Grenada




 


 


Guatemala




 


 


Haiti




 


 


Honduras




 


 


Jamaica




 


Mexico


Mexico




 


 


Montserrat




 


 


Nicaragua




 


 


Panama




 


 


St Kitts and Nevis




 


 


Saint Lucia




 


 


St. Maarten




 


 


St Vincent and the Grenadines




 


 


Trinidad and Tobago




 


 


Turks and Caicos Islands




 


 


Virgin Islands, U.S.




 


SOUTH AMERICAN COUNTRIES


SOUTH AMERICAN COUNTRIES




 


Argentina


Argentina




 


 


Bolivia




Brazil


Brazil


Brazil




 


Chile


Chile




 


 


Colombia




 


 


Ecuador




 


 


Falkland Islands




 


 


Guyana




 


 


Paraguay




 


 


Peru




 


 


Suriname




 


Uruguay


Uruguay




 


Venezuela


Venezuela




 


ASIA


ASIA




 


NEAR AND MIDDLE EAST COUNTRIES


NEAR AND MIDDLE EAST COUNTRIES




 


GULF ARABIAN COUNTRIES


GULF ARABIAN COUNTRIES




 


 


Bahrain




 


 


Iraq




 


 


Kuwait




 


 


Oman




 


 


Qatar




 


 


Saudi Arabia




 


 


United Arab Emirates




 


 


Yemen




 


OTHER NEAR AND MIDDLE EAST COUNTRIES


OTHER NEAR AND MIDDLE EAST COUNTRIES




 


 


Armenia




 


 


Azerbaijan




 


 


Georgia




 


 


Israel




 


 


Jordan




 


 


Lebanon




 


 


Palestinian Territory




 


 


Syria




 


OTHER ASIAN COUNTRIES


OTHER ASIAN COUNTRIES




 


 


Afghanistan




 


 


Bangladesh




 


 


Bhutan




 


 


Brunei Darussalam




 


 


Burma/Myanmar




 


 


Cambodia




China


China


China




Hong Kong


Hong Kong


Hong Kong




India


India


India




 


Indonesia


Indonesia




 


 


Iran




Japan


Japan


Japan




 


 


Kazakhstan




 


 


Kyrgyzstan




 


 


Laos




 


 


Macao




 


Malaysia


Malaysia




 


 


Maldives




 


 


Mongolia




 


 


Nepal




 


 


North Korea




 


 


Pakistan




 


Philippines


Philippines




 


Singapore


Singapore




 


South Korea


South Korea




 


 


Sri Lanka




 


Taiwan


Taiwan




 


 


Tajikistan




 


Thailand


Thailand




 


 


Timor-Leste




 


 


Turkmenistan




 


 


Uzbekistan




 


 


Vietnam




 


OCEANIA AND POLAR REGIONS


OCEANIA AND POLAR REGIONS




 


 


American Samoa




 


 


Guam




 


 


US Minor Outlying Islands




 


Australia


Australia




 


 


Cocos (Keeling Islands)




 


 


Christmas Islands




 


 


Heard Island and McDonald Islands




 


 


Norfolk Island




 


 


Fiji




 


 


French Polynesia




 


 


Kiribati




 


 


Marshall Islands




 


 


Micronesia




 


 


Nauru




 


 


New Caledonia




 


New Zealand


New Zealand




 


 


Cook Islands




 


 


Niue




 


 


Tokelau




 


 


Northern Mariana Islands




 


 


Palau




 


 


Papua New Guinea




 


 


Pitcairn




 


 


Antarctica




 


 


Bouvet Island




 


 


South Georgia and South Sandwich Islands




 


 


French Southern and Antarctic Lands




 


 


Solomon Islands




 


 


Tonga




 


 


Tuvalu




 


 


Vanuatu




 


 


Samoa




 


 


Wallis and Futuna




INTRA UNION


INTRA UNION


INTRA UNION




EXTRA UNION


EXTRA UNION


EXTRA UNION




Intra Euro Area


Intra Euro Area


Intra Euro Area




Extra Euro Area


Extra Euro Area


Extra Euro Area




Union Institutions (excluding ECB)


Union Institutions (excluding ECB)


Union Institutions (excluding ECB)




European Investment Bank


European Investment Bank


European Investment Bank




 


European Central Bank (ECB)


European Central Bank (ECB)




 


INTRA UNION NOT ALLOCATED


INTRA UNION NOT ALLOCATED




 


EXTRA UNION NOT ALLOCATED


EXTRA UNION NOT ALLOCATED




Offshore financial centres


Offshore financial centres


Offshore financial centres




International Organisations (excluding Union Institutions)


International Organisations (excluding Union Institutions)


International Organisations (excluding Union Institutions)




International Monetary Fund (IMF)


International Monetary Fund (IMF)


International Monetary Fund (IMF)







(1)  Union Member States not in the euro area: individual breakdown by country.’