Greece's current account surplus narrowed to EUR 0.551 billion in September 2018 from EUR 1.143 billion in the same month of the previous year, mainly due to a wider deficit in the balance of goods on the back of rising oil imports. Meanwhile, tourism revenues remained steady at about EUR 2.4 billion. Current Account in Greece averaged -1103.39 EUR Million from 1997 until 2018, 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 -1100.00 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 1550.00 in 12 months time. In the long-term, the Greece Current Account is projected to trend around -780.00 EUR Million in 2020, according to our econometric models.

Greece Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-20 08:25 AM Current Account €0.21B €0.191B €0.8B
2018-09-20 08:00 AM Current Account €1.577B €0.21B €1.7B
2018-10-22 08:30 AM Current Account €1.564B €1.546B €2.1B
2018-11-20 09:00 AM Current Account €0.551B €1.564B €1.3B
2018-12-21 09:00 AM Current Account €0.551B €-0.7B
2019-01-22 09:05 AM Current Account
2019-02-20 09:00 AM Current Account € -1.1B


Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -2205.70 -1872.40 -716.80 -4328.60 EUR Million [+]
Current Account 550.80 1461.00 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -0.80 -1.10 -0.10 -15.20 percent [+]
Imports 5324.20 4527.70 6219.50 1919.00 EUR Million [+]
Exports 3118.50 2655.30 3118.50 691.90 EUR Million [+]
External Debt 395304.50 401886.95 453124.10 142217.00 EUR Million [+]
Capital Flows 605.60 1269.20 5937.60 -4086.60 EUR Million [+]
Remittances 68.20 70.70 247.30 50.10 EUR Million [+]
Gold Reserves 113.00 113.00 132.56 107.21 Tonnes [+]
Terrorism Index 4.14 4.22 5.91 3.43 [+]
Tourism Revenues 2441.10 3603.60 3603.60 109.00 EUR Million [+]
Tourist Arrivals 3024440.00 3674222.00 3826994.00 140107.00 persons [+]
Crude Oil Production 4.00 4.00 11.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 167.60 126.70 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
550.80 1461.00 2601.40 -4730.30 1997 - 2018 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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