The Greek current account surplus increased to EUR 300.6 million in May of 2019 from EUR 37.5 million in the same month a year earlier. The primary income account recorded a EUR 49.6 million surplus compared to a EUR 145.6 million deficit a year ago while the secondary income surplus widened sharply to EUR 736.6 million from EUR 0.3 million. On the other hand, the goods and service account shifted to a EUR 485.7 million deficit from a EUR 182.7 million surplus a year earlier. Considering the January-May period, the current account gap rose to EUR 4,817 million from EUR 4,693 million in the same period of 2018. Current Account in Greece averaged -1103.63 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 1600.00 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 1250.00 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
2019-04-19 08:15 AM Current Account Feb €-0.99B €-1.183B €-1.4B
2019-05-21 08:00 AM Current Account Mar €-1.50B €-0.99B €-1.2B
2019-06-20 08:15 AM Current Account Apr €-1.4B €-1.503B €-1.6B
2019-07-19 08:15 AM Current Account May €0.301B €-1.4B €-0.1B
2019-08-20 08:00 AM Current Account Jun €0.301B €1.0B
2019-09-20 08:00 AM Current Account Jul €1.4B
2019-10-21 08:00 AM Current Account Aug €1.2B


Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -2186.30 -1626.90 -619.80 -4328.60 EUR Million [+]
Current Account 300.60 -1400.30 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -2.90 -1.80 -0.10 -15.20 percent [+]
Imports 5230.90 4587.50 6219.50 1919.00 EUR Million [+]
Exports 3044.60 2960.60 3151.20 691.90 EUR Million [+]
External Debt 404104.62 403410.77 453124.10 142217.00 EUR Million [+]
Capital Flows 220.59 -842.46 5937.60 -4086.60 EUR Million [+]
Remittances 103.00 119.70 247.30 50.10 EUR Million [+]
Gold Reserves 113.20 113.10 132.56 107.21 Tonnes [+]
Terrorism Index 4.29 4.14 5.91 3.43 [+]
Tourism Revenues 1605.10 537.10 3601.30 109.00 EUR Million [+]
Tourist Arrivals 495608.00 358364.00 3826994.00 140107.00 persons [+]
Crude Oil Production 4.00 4.00 11.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 694.70 378.20 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
300.60 -1400.30 2601.40 -4730.30 1997 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 13.32 May/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 2599.00 May/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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