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Greece Current Account YoY
Latest Release
Dec 20, 2024
Actual-0.383B
Previous-0.316B
Balance of payments is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Payments into the country are called credits, payments out of the country are called debits. There are three main components of a balance of payments: - current account - capital account - financial account Either a surplus or a deficit can be shown in any of these components. Current account records the values of the following: - trade balance exports and imports of goods and services - income payments and expenditure interest, dividends, salaries - unilateral transfers aid, taxes, one-way gifts It shows how a country deals with the global economy on a non-investment basis. Balance of payments shows sthrengths and weaknesses in a country's economy and therefore helps to achieve balanced economic growth. The release of a balance of payments can have a significant effect on the exchange rate of a national currency against other currencies.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 20, 2024 (Oct) | 09:00 | -0.383B | -0.316B | ||
| Nov 20, 2024 (Sep) | 08:30 | -0.316B | 0.651B | ||
| Oct 21, 2024 (Aug) | 08:00 | 0.651B | 0.246B | ||
| Sep 20, 2024 (Jul) | 08:00 | 0.246B | 0.271B | ||
| Aug 20, 2024 (Jun) | 08:00 | 0.271B | -2.352B | ||
| Jul 22, 2024 (May) | 07:55 | -2.352B | -2.688B |
News
Greek current account deficit shrinks in January, tourism revenue down
By Reuters - Mar 23, 2017
ATHENS (Reuters) - Greece's current account deficit shrank in January compared to the same month a year earlier, the Bank of Greece said on Thursday, helped by a stronger surplus in the income account...
Analysis
Week Ahead Economic Overview
By Chris Williamson - Mar 18, 2016
With policymakers at the world’s central banks becoming increasingly concerned about the global economic outlook, flash PMI data for March will be closely watched to see if a US-led faltering of...
Greek Current Account (YoY) Discussion
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