Greece's current account surplus reached €1.743 billion (EUR) in August 2026, showing a significant increase compared to €1.210 billion in the same month last year. This figure is the largest surplus recorded since August 2015 and reflects an improvement in the country's economic situation regarding the trade balance.
Increase in Services Account Surplus
The services account has also improved, with its surplus rising to €4.552 billion, indicating significant growth compared to €4.498 billion last year. This increase is primarily due to rising revenues in the travel, transportation, and other services sectors. Greece's tourism industry, as a key pillar of the country's economy, has played an important role in this increase.
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Primary Income Balance and Goods Balance
Alongside this improvement, the primary income deficit has significantly decreased to €0.021 billion, down from €0.773 billion last year, indicating a substantial reduction. Meanwhile, the goods account deficit has increased to €2.342 billion, up from €2.199 billion last year. The increase in imports, which reached €6.507 billion, has been the main reason for this deficit, while exports were limited to only €4.164 billion.
Additionally, the secondary income deficit has also increased to €0.447 billion from €0.316 billion last year. This increase may be attributed to various factors, including changes in economic and trade policies.
Given this data, it can be said that Greece is experiencing a remarkable improvement in its current account balance. This may be a sign of the country's economic recovery and its ability to manage financial resources. Improvements in the services sector and reductions in primary income deficits indicate Greece's capacity to attract investment and tourism, which can contribute to the sustainable growth of the country.
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