Greece's current account deficit increased to EUR 0.81 billion in September 2022 from EUR 0.3 billion in the corresponding month of the previous year, as the goods deficit widened to EUR 3.71 billion from EUR 2.31 billion a year ago. Meanwhile, the services surplus increased to EUR 3.0 billion from EUR 2.3 billion, mostly on the back of rising tourism revenues (EUR 2.9 billion from EUR 2.1 billion). Additionally, the primary income account shifted to a small surplus of EUR 0.12 billion compared to a deficit of EUR 0.09 billion in the same month last year, while the secondary income deficit narrowed to EUR 0.18 billion from EUR 0.21 billion. Considering the first nine months of the year, the current account deficit widened sharply to EUR 10.8 billion from EUR 6.1 billion in the same period of 2021. source: Bank of Greece
Current Account in Greece averaged -1034.55 EUR Million from 1997 until 2022, reaching an all time high of 2656.79 EUR Million in July of 2013 and a record low of -4730.32 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. Greece Current Account - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Current Account in Greece is expected to be -1500.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Current Account is projected to trend around -1000.00 EUR Million in 2023 and -500.00 EUR Million in 2024, according to our econometric models.