FX.co ★ Greece Current Account Surplus Largest in Almost 2 Years

Greece's current account surplus expanded significantly to €1,097 million in August 2025, compared to €313 million in the same month of the previous year. This represents the largest surplus recorded since January 2024. The surge was mainly attributed to an increase in the services surplus, which grew to €4.4 billion from €4.3 billion, driven by a 10.5% boost in tourism revenues, rising to €4.52 billion from €4.09 billion. Concurrently, the goods deficit contracted, reducing to €2.2 billion from the previous €2.7 billion. Additionally, the primary income shortfall lessened to €0.8 billion, down from €1.1 billion in August 2024. However, the secondary income deficit widened, reaching €3.1 billion from €2.7 billion. Over the January to August timeframe, the current account deficit saw a year-on-year decrease, lowering to €2.1 billion, with a total of €6.6 billion.