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

Greece's current account deficit rose to €0.93 billion from €0.78 billion in the same month of the previous year, as the goods deficit widened to €1.52 billion from €1.48 billion in December 2015 and the secondary income balance posted a €0.97 billion deficit compared with a €0.39 billion surplus a year earlier. Meanwhile, the services surplus increased to €0.55 billion from €0.31 billion in December 2015, as tourism revenues grew to €0.19 billion from €0.18 billion, while the primary income surplus fell to €0.13 billion from €0.35 billion a year ago. In 2016 as a whole, Greece posted a current account deficit of €1.10 billion versus a surplus of €0.21 billion in 2015 as a drop in the goods deficit was offset by a fall in the services surplus. Current Account in Greece averaged -1166.58 EUR Million from 1997 until 2016, 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)
2016-12-21 10:00 AM Oct €-0.2B €0.93B € 0.4B
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
2017-03-22 09:00 AM Jan €-0.93B € -0.97B
2017-04-20 08:00 AM Feb € -0.25B
2017-05-19 08:00 AM Mar € 0.18B




Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -1566.60 -1556.10 -717.00 -4328.60 EUR Million [+]
Exports 2301.50 2231.00 2766.00 691.90 EUR Million [+]
Imports 3868.10 3787.10 6219.50 1919.00 EUR Million [+]
Current Account -933.40 -1190.90 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 -35.20 -533.08 5937.60 -4086.60 EUR Million [+]
Remittances 78.60 81.20 247.30 50.50 EUR Million [+]
Gold Reserves 112.75 112.72 132.56 107.21 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-933.40 -1190.90 2601.40 -4730.30 1997 - 2016 EUR Million Monthly



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