Greece - Current Account Balance





Greece: Current Account Balance

Mnemonic TAB.IGRC
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Monthly 47.13 %
Data Aug 2019 1,873
Jul 2019 1,273

Series Information

Source Bank of Greece
Release Balance of Payments-Initial Release
Frequency Monthly
Start Date 1/31/2002
End Date 8/31/2019

Greece: Trade

Reference Last Previous Units Frequency
Balance of Goods Aug 2019 -1,868 -2,009 Mil. EUR, NSA Monthly
Current Account Balance Aug 2019 1,873 1,273 Mil. EUR, NSA Monthly
Exports of Goods Aug 2019 2,330 3,033 Mil. EUR, NSA Monthly
Imports of Goods Aug 2019 4,198 5,042 Mil. EUR, NSA Monthly
Exports of Goods and Services 2019 Q2 17,428 17,106 Mil. EUR, SA Quarterly
Imports of Goods and Services 2019 Q2 17,497 17,347 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2019 Q2 16,899 16,360 Mil. Ch. 2010 EUR, SA Quarterly
Real Imports of Goods and Services 2019 Q2 17,343 17,486 Mil. Ch. 2010 EUR, SA Quarterly

Release Information

The Balance of Payments detauks transactions between residents and non-residents, irrespective of the transaction currency, during a specified time period.

The Bank of Greece uses a mixed system for compiling the Balance of Payments.  The basic source of Balance of Payments data is the resident Monetary Financial Institutions (including the Bank of Greece), which are obligated to provide the Bank of Greece with monthly detailed information on all transactions between Greek residents and non-residents that they carry out either on their own behalf or on behalf of their customers.

The other sources of statistical data for the Balance of Payments are the information provided by EL.STAT on external trade statistics (based on intrastat/extrastat declarations) as well as information provided directly by certain resident transactors (such as e.g. the Greek oil refineries), resident and non-resident travelers, the State General Accounting Office, and residents that conduct cross-border transactions settled without the intermediation of resident monetary financial institutions.

Data are subject to revisions.