Greece's current account deficit decreased to EUR 1.40 billion in April 2019 from EUR 1.49 billion in the same month a year ago. The goods deficit shrank to EUR 1,721 million from EUR 1,819 million, as exports surged 11.6 percent while imports rose at a slower 4.5 percent; and the services surplus widened to EUR 4,560 million from EUR 4,364 million in April 2018, amid an increase in net receipts from transport services. In contrast, the primary income gap deteriorated to EUR 216 million from EUR 157 million; and the secondary income deficit rose to EUR 106 million from EUR 80 million a year earlier. Year-to-date, the country's current account gap widened to EUR 5,065 million from EUR 4,731 million a year ago. Current Account in Greece averaged -1108.71 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
2019-03-21 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 08:15 AM Current Account €-1.4B €-1.503B €-1.6B
2019-07-19 08:00 AM Current Account €-1.4B €-0.1B
2019-08-20 08:00 AM Current Account €1.0B
2019-09-20 08:00 AM Current Account €1.4B


Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -1654.30 -2080.50 -716.90 -4328.60 EUR Million [+]
Current Account -1400.00 -1503.00 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -2.90 -1.80 -0.10 -15.20 percent [+]
Imports 4585.00 4891.50 6219.50 1919.00 EUR Million [+]
Exports 2930.70 2811.00 3150.90 691.90 EUR Million [+]
External Debt 403410.77 397351.76 453124.10 142217.00 EUR Million [+]
Capital Flows -849.03 -1133.20 5937.60 -4086.60 EUR Million [+]
Remittances 90.60 84.00 247.30 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 537.08 318.50 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 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1400.00 -1503.00 2601.40 -4730.30 1997 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -3849.00 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 586.00 Mar/19
Euro Area 19.20 Apr/19
France -846.00 Apr/19
Germany 22600.00 Apr/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1707.39 Apr/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea -660.00 Apr/19
Spain 26.00 Mar/19
Switzerland 17215.95 Mar/19
Turkey -1334.00 Apr/19
United Kingdom -23707.00 Dec/18
United States -130400.00 Mar/19


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