Greece's current account deficit widened to EUR 1,403 million in May 2021, from EUR 926 million in the same month last year, as the goods gap increased to EUR 1,817 million from EUR 1,206 million. At the same time, the services surplus was little-changed at EUR 316 million from EUR 331 million, with tourism revenues rising slightly to EUR 168 million from EUR 44 million in May last year, while the primary income surplus advanced to EUR 192 million from EUR 65 million. The secondary income deficit declined to EUR 94 million from EUR 116 million a year ago. source: Bank of Greece
Current Account in Greece averaged -1033.81 EUR Million from 1997 until 2021, 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 July of 2021.
Current Account in Greece is expected to be -870.00 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 750.00 in 12 months time. In the long-term, the Greece Current Account is projected to trend around -780.00 EUR Million in 2022 and -650.00 EUR Million in 2023, according to our econometric models.