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FX.co ★ Greece's Current Account Deficit Narrows in November

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typeContent_19130:::2026-01-20T09:52:45

Greece's Current Account Deficit Narrows in November

In November 2025, Greece's current account deficit decreased to €2.08 billion from €3.34 billion a year prior. The deficit in the goods account fell to €2.78 billion from €3.23 billion, driven by a 1.5% increase in exports and a 5.5% drop in imports. Concurrently, the surplus in services rose slightly to €0.68 billion from €0.63 billion in November 2024, thanks to an uptick in tourism revenues. The secondary income account shifted from a deficit of €0.23 billion to a surplus of €0.57 billion. However, the primary income deficit increased to €0.54 billion from €0.52 billion the previous year. Cumulatively, from January to November 2025, Greece reported a current account deficit of €10.25 billion, an improvement compared to the €13.21 billion deficit recorded in the same period last year.

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