Greece's current account deficit widened to EUR 1.50 billion in March 2019 from EUR 1.15 billion in the same month last year. The goods deficit increased as exports fell and imports rose, while the primary income surplus shrank, mainly due to a drop in net receipts from other primary income. In addition, the secondary income account worsened as a result of a widening of the deficit of the general government account, while the services surplus was larger amid an improvement in primarily the transport balance and, secondarily, the other services balance. Current Account in Greece averaged -1107.62 EUR Million from 1997 until 2019, reaching an all time high of 2601.40 EUR Million in July of 2013 and a record low of -4730.30 EUR Million in December of 2007.

Current Account in Greece is expected to be 1000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Greece to stand at -1100.00 in 12 months time. In the long-term, the Greece Current Account is projected to trend around -650.00 EUR Million in 2020, according to our econometric models.

Greece Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-20 09:05 AM Current Account €-1.514B €-1.417B € -1.1B
2019-03-21 09:00 AM Current Account €-1.183B €-1.514B €-0.9B
2019-04-19 08:15 AM Current Account €-0.99B €-1.183B €-1.4B
2019-05-21 08:00 AM Current Account €-1.50B €-0.99B €-1.2B
2019-06-20 08:00 AM Current Account €-1.50B €-1.6B
2019-07-19 08:00 AM Current Account €-0.1B
2019-08-20 08:00 AM Current Account €1.0B


Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -2084.20 -1678.00 -716.90 -4328.60 EUR Million [+]
Current Account -1502.90 -990.40 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -2.90 -1.80 -0.10 -15.20 percent [+]
Imports 4881.10 4363.40 6219.50 1919.00 EUR Million [+]
Exports 2797.00 2685.40 3147.40 691.90 EUR Million [+]
External Debt 403410.77 397351.76 453124.10 142217.00 EUR Million [+]
Capital Flows -1133.20 -615.10 5937.60 -4086.60 EUR Million [+]
Remittances 90.60 84.00 247.30 50.10 EUR Million [+]
Gold Reserves 113.10 113.10 132.56 107.21 Tonnes [+]
Terrorism Index 4.29 4.14 5.91 3.43 [+]
Tourism Revenues 318.50 209.10 3601.30 109.00 EUR Million [+]
Tourist Arrivals 495608.00 358364.00 3826994.00 140107.00 persons [+]
Crude Oil Production 4.00 5.00 11.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 277.20 195.40 2608.90 -532.30 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Greece Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Greece Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1502.90 -990.40 2601.40 -4730.30 1997 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 2847.87 Mar/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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