Greece's current account surplus narrowed to EUR 1.28 billion in July 2019 from EUR 1.31 billion in the same month last year, as imports outpaced exports. Still, tourism revenues rose to EUR 3.65 billion from EUR 3.28 billion in the same month a year earlier. Current Account in Greece averaged -1087.54 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
2019-06-20 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 €0.874B €0.301B €1.0B
2019-09-20 08:00 AM Current Account Jul €1.28B €0.874B €1.4B
2019-10-21 08:00 AM Current Account Aug €1.28B €1.2B
2019-11-20 09:00 AM Current Account Sep €1.6B
2019-12-20 09:00 AM Current Account Oct €-0.7B


Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -1729.00 -1864.40 -619.80 -4328.60 EUR Million [+]
Current Account 1279.50 874.40 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -2.90 -1.80 -0.10 -15.20 percent [+]
Imports 4109.20 5002.30 6219.50 1919.00 EUR Million [+]
Exports 2380.20 3196.40 3196.40 691.90 EUR Million [+]
External Debt 423049.04 404104.62 453124.10 142217.00 EUR Million [+]
Capital Flows 978.69 951.20 5937.60 -4086.60 EUR Million [+]
Remittances 128.70 114.00 247.30 50.10 EUR Million [+]
Gold Reserves 113.31 113.20 132.56 107.21 Tonnes [+]
Terrorism Index 4.29 4.14 5.91 3.43 [+]
Tourism Revenues 3645.33 2620.20 3645.33 109.00 EUR Million [+]
Tourist Arrivals 3881844.00 3225611.00 3881844.00 140107.00 persons [+]
Foreign Direct Investment 500.70 196.10 2608.90 -532.30 EUR Million [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1279.50 874.40 2601.40 -4730.30 1997 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -2560.58 Jun/19
Australia 5853.00 Jun/19
Brazil -4274.30 Aug/19
Canada -6380.00 Jun/19
China 461.67 Jun/19
Euro Area 29.84 Jul/19
France -2487.00 Aug/19
Germany 16900.00 Aug/19
India -14315.70 Jun/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 2157.71 Aug/19
Mexico 5142.70 Jun/19
Netherlands 13615.80 Jun/19
Russia 12900.00 Sep/19
Saudi Arabia 12407.00 Jun/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 5270.00 Aug/19
Spain 3237.00 Jul/19
Switzerland 21272.85 Jun/19
Turkey 2604.00 Aug/19
United Kingdom -25200.00 Jun/19
United States -128188.00 Jun/19


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