A $ 1.2 billion deficit recorded the current account balance in June 2025, against surplus in the corresponding month of 2024, according to the Bank of Greece (BCT). The deficit occurred due to the deterioration of balances of goods, primary and secondary income, while the balance Services recorded little improvement.
In the first half of 2025, the current account deficit decreased by EUR 692.7 million compared to the corresponding period of 2024 and stood at € 7.6 billion, due to the improvement of all individual balances and in particular the balance of goods and, to a lesser degree, and, to a lesser extent, and, to a lesser extent.
In June, at current prices, exports of goods decreased by 7.7% (2.1% at constant prices), while imports of goods increased by 5.5% (8.4% at constant prices). In particular, at current prices exports of without fuel increased by 2.6% (5.8% at constant prices) and the corresponding imports by 9.5% (8.8% at fixed prices).
The surplus of the service balance has risen, primarily thanks to the improvement of the travel service balance and, to a lesser extent, balance of other services, while the transport balance deteriorated. Compared to June 2024, no travelers’ arrivals decreased by 1.7%, while the receipts increased by 8.8%.
The deficit of the primary income balance was expanded compared to the corresponding month of 2024, reflecting mainly the reduction of net proceeds from other primary income and, to a lesser extent, the increase in net payments for interest, dividends and profits. The deficit of the secondary income balance was more than doubled compared to June 2024 as a result of increasing net payments in the general government sector.
The first semester
In the first half of 2025, the current account deficit decreased by EUR 692.7 million compared to the corresponding 2024 period and stood at € 7.6 billion.
The deficit of the balance of goods has declined, as the reduction in imports exceeded exports in absolute terms. At current prices, exports of goods decreased by 4.8% (+0.3% at constant prices) and imports of goods decreased by 3.8% (-2.3% at constant prices). In particular, at current prices exports of without fuel increased by 4.3% and the corresponding imports by 3.7% (6.6% and 2.8% at constant prices respectively).
The surplus of the service balance has recorded a slight rise, mainly due to the improvement of the travel services and, to a lesser extent, balance of other services, which was largely offset by the deterioration of the Transport Balance. Compared to the first half of 2024, non -residents of travelers increased slightly 0.6% and the relevant receipts by 11.0%.
The deficit of the primary income balance recorded a decrease compared to the corresponding period of 2024, reflecting mainly the increase in net proceeds from other primary income. The surplus of the secondary -income balance has increased to the corresponding period of 2024, due to the reduction of net payments in the general government, which was partially offset by the reduction of net receipts in other general government sectors.
Capital balance
In June 2025, the capital balance showed a deficit of EUR 19.4 million, compared to a surplus in the corresponding month of 2024, reflecting the registration of net payments against net receipts to the other, except the General Government, sectors of the economy.
In the first half of 2025, the capital balance showed a surplus of EUR 1.2 billion, compared to a deficit in the corresponding period of 2024, due to the increase in the net receipts of the General Government and the reduction of net payments in other general government.
Total accounting of current transaction and capital
In June 2025, the total current account and capital balance (which corresponds to the needs of the economy for funding from abroad) showed a € 1.2 billion deficit compared to the corresponding month of 2024, when a surplus was recorded.
In the first half of 2025, the deficit of the total current account and capital balance decreased compared to the corresponding period of 2024 and stood at € 6.4 billion.
Financial Trade Balance
In June 2025, in the category of direct investment, residents ‘demands from foreign recorded net flows of EUR 298.7 million and residents’ liabilities to external net flows of EUR 729.1 million.
In portfolio investments, the rise in residents’ requirements against abroad reflects mainly the increase of 656.0 million euros of their placements in bonds and prolonges abroad and, to a lesser extent, the increase of EUR 231.4 million of residents of non -residents. The increase in their liabilities is mainly due to the increase of € 1.6 billion of non -residents in Greek bonds and bold bills.
In the category of other investments, residents’ requirements were reduced to foreign, mainly due to the reduction of EUR 808.7 million of residents in deposits and repos abroad and, to a lesser extent, the reduction of € 272.5 million of loans to non -residents by domestic financial financial institutions. Adaptation associated with the issuance of banknotes (by 322.0 million euros). The reduction in the liabilities of residents is mainly from a € 1.7 billion reduction of non -residents in deposits and repos in Greece (including the target account), which was offset, to some extent, by the statistical adjustment linked to the issuance of banknotes (by EUR 322.0 million).
In the first half of 2025, in the category of direct investment, residents ‘demands on foreign records have recorded net flows of 2.0 billion euros and residents’ liabilities to foreign, corresponding to immediate investments in Greece, recorded net flows of EUR 2.8 billion.
Portfolio investments, the reduction of residents’ claims against abroad is mainly due to a € 2.0 billion retreat of residents in bonds and foreign bills abroad, which was largely offset by the € 1.5 billion inhabitants of non -residents. The increase in residents’ liabilities mainly reflects the € 7.5 billion -euro rise of non -residents in Greek bonds and bold bills, as well as the increase of 1.4 billion euros in non -resident positions in domestic business shares.
In the category of other investments, the increase in residents’ claims against abroad is mainly due to the statistical adjustment for the issuance of banknotes (by € 2.9 billion) and, to a lesser extent, to an increase of EUR 189.5 million of loans to non -residents, which was partially offset by 28 million euros. abroad. The reduction in residents’ liabilities is linked to a € 4.9 billion retreat of non -residents in deposits and repos in Greece (including the Target account), which was offset, to some extent, by the statistical adjustment for the issuance of banknotes (by € 2.9 billion).
At the end of June 2025, the country’s foreign exchange records stood at € 15.3 billion, compared to € 13.3 billion at the end of June 2024.