Greece Current Account  1997-2017 | Data | Chart | Calendar | Forecast

Greece's current account deficit decreased to €0.27 billion in January of 2017 from €0.8 billion in the same month of the previous year. The primary income surplus rose to €0.65 billion from €0.14 billion, driven by higher net receipts under other primary income, which includes taxes and subsidies on products and production. The secondary income balance posted a €0.2 billion surplus compared with a €0.01 billion gap a year earlier, mainly due to improved general government balance. The services surplus increased to €0.3 billion from €0.2 billion, as a result of higher net (mostly sea) transport receipts, while travel revenues declined. Meantime, the goods deficit widened to €1.5 billion from €1.1 billion, due to the higher net oil import bill. Current Account in Greece averaged -1162.86 EUR Million from 1997 until 2017, 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.

Greece Current Account
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-20 09:15 AM Nov €-1.19B €-0.2B € -1.32B
2017-02-20 09:00 AM Dec €-0.93B €-1.19B € -0.8B
2017-03-23 09:10 AM Jan €-0.27B €-0.93B € -0.97B
2017-04-20 08:00 AM Feb €-0.27B € 0.023B
2017-05-22 08:00 AM Mar € 0.35B
2017-06-20 08:00 AM Apr € 0.44B




Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -2336.70 -1584.80 -716.90 -4328.60 EUR Million [+]
Exports 2125.90 2315.30 2766.00 691.90 EUR Million [+]
Imports 4462.60 3900.10 6219.50 1919.00 EUR Million [+]
Current Account -271.00 -933.40 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -1.80 0.60 0.90 -14.90 percent [+]
External Debt 432799.39 436070.96 444999.89 142217.00 EUR Million [+]
Capital Flows -205.99 -35.20 5937.62 -4086.57 EUR Million [+]
Remittances 78.60 81.20 247.30 50.50 EUR Million [+]
Gold Reserves 112.81 112.75 132.56 107.21 Tonnes [+]
Crude Oil Production 2.00 2.00 11.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 312.10 155.70 2608.90 -532.30 EUR Million [+]
Terrorism Index 4.22 4.98 5.91 3.43 [+]
Tourism Revenues 193.10 219.40 3477.70 109.00 EUR Million [+]
Tourist Arrivals 1277121.00 2525429.00 3303006.00 140107.00 persons [+]



Greece Current Account Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-271.00 -933.40 2601.40 -4730.30 1997 - 2017 EUR Million Monthly



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