Greece's current account deficit narrowed slightly to EUR 1.39 billion in November 2019 from EUR 1.45 billion in the same month last year, due to an improvement in the primary and the secondary income accounts, as well as to a slight decrease in the goods deficit. By contrast, the services surplus declined. In the January-November period, the current account deficit narrowed to EUR 2.0 billion from EUR 3.7 billion in the same period of 2018.
Current Account in Greece averaged -1035.99 EUR Million from 1997 until 2019, reaching an all time high of 2656.80 EUR Million in July of 2013 and a record low of -4730.30 EUR Million in December of 2007. 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.
Current Account in Greece is expected to be -1100.00 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 -780.00 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.