Greece’s current account deficit rose to EUR 2.52 billion in November of 2021 from EUR 1.24 billion in the same month last year, as the goods shortfall widened to EUR 2.74 billion from EUR 1.44 billion a year ago, with imports jumping by 70.40 percent and exports rising by a softer 58.70 percent. At the same time, the primary income gap rose to EUR 0.14 billion from EUR 0.06 billion and the secondary income deficit increased to EUR 0.16 billion from EUR 0.15 billion. Conversely, the services surplus rose significantly to EUR 5.36 billion from EUR 4.18 billion, as receipts from transportation surged to EUR 1.76 billion from EUR 1.02 billion in November of 2020 and revenues from tourism rose to EUR 0.29 billion from EUR 0.07 billion. source: Bank of Greece
Current Account in Greece averaged -1021.60 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 January of 2022.
Current Account in Greece is expected to be -880.00 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 -780.00 EUR Million in 2023 and -650.00 EUR Million in 2024, according to our econometric models.