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FX.co ★ Greece Current Account Deficit Largest in Over 3 Years

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typeContent_19130:::2026-02-20T09:21:35

Greece Current Account Deficit Largest in Over 3 Years

Greece’s current account deficit widened to €3.86 billion in December 2025 from €3.73 billion in the same month a year earlier, marking the largest shortfall since November 2022. The goods deficit increased to €3.56 billion from €3.19 billion, as imports rose by 6.6% and exports grew by 2.6%. The services surplus narrowed to €0.42 billion from €0.49 billion in December 2024. At the same time, the secondary income deficit widened to €0.31 billion from €0.20 billion. By contrast, the primary income deficit fell sharply to €0.41 billion from €0.83 billion, reflecting higher net receipts. For 2025 as a whole, Greece recorded a current account deficit of €14.11 billion, compared with €18.61 billion in the previous year.

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