Greece’s current account swung to a deficit of €1.29 billion in January 2026, from a surplus of €0.87 billion in the same month a year earlier. The deterioration was driven primarily by a narrowing of income balances. The primary income surplus declined to €0.11 billion from €0.26 billion, reflecting lower net receipts from other primary income, while the secondary income surplus fell sharply to €1.09 billion from €3.27 billion amid weaker inflows from sectors other than general government.
At the same time, the goods deficit narrowed slightly to €2.81 billion from €2.91 billion, as imports decreased by more than exports. The services surplus increased to €0.33 billion from €0.25 billion, supported by robust travel receipts.
