Greece’s current account deficit narrowed to EUR 2.403 billion in March 2023, from EUR 2.520 billion in the same month of the previous year, as secondary income shifted to a surplus of EUR 379.8 million from EUR 194.1 billion deficit, while service surplus increased to EUR 401.6 million from EUR 398.3 million. Meanwhile, the primary income deficit sharply rose to EUR 573.3 million from 50.3 million, while goods account deficit narrowed to EUR 2.61 billion from EUR 2.67 billion a year earlier. source: Bank of Greece
Current Account in Greece averaged -1056.43 EUR Million from 1997 until 2023, 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 June of 2023.
Current Account in Greece is expected to be -740.00 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 -500.00 EUR Million in 2024 and -390.00 EUR Million in 2025, according to our econometric models.