Greece - Current Account Balance




Greece: Current Account Balance

Mnemonic TAB.IGRC
Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Monthly 285.65 %
Data Feb 2024 -3,160
Jan 2024 1,702

Series Information

Source Bank of Greece
Release Balance of Payments-Initial Release
Frequency Monthly
Start Date 1/31/2002
End Date 2/29/2024

Greece: Trade

Reference Last Previous Units Frequency
Balance of Goods Feb 2024 -3,103 -2,691 Mil. EUR, NSA Monthly
Current Account Balance Feb 2024 -3,160 1,702 Mil. EUR, NSA Monthly
Exports of Goods Feb 2024 3,911 3,939 Mil. EUR, NSA Monthly
Imports of Goods Feb 2024 7,015 6,630 Mil. EUR, NSA Monthly
Exports of Goods and Services 2023 Q4 24,272 24,830 Mil. EUR, SA Quarterly
Imports of Goods and Services 2023 Q4 27,686 27,719 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2023 Q4 18,584 18,518 Mil. Ch. 2010/2015 EUR, SA Quarterly
Real Imports of Goods and Services 2023 Q4 21,810 21,404 Mil. Ch. 2010/2015 EUR, SA Quarterly

Release Information

Description

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

Methodology

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.

Revisions

Data are subject to revisions.

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