FX.co ★ Greek Current Account Deficit Narrows in April, Signaling External Balance Improvement

Greece’s current account deficit narrowed notably in April 2026, pointing to an improvement in the country’s external position ahead of the key summer season. According to the latest data updated on 19 June 2026, the deficit came in at -€1.389 billion, an improvement from February 2026, when the current account gap stood at -€2.344 billion.

The figures are assessed on a year-over-year basis, with the “actual” comparison reflecting how April 2026 performed against April 2025, and the “previous” indicating how February 2026 compared with February 2025. The smaller deficit in April suggests easing external imbalances, which may reflect a combination of stronger services exports, including tourism, and potentially lower import costs.

While the current account remains in negative territory, the reduced shortfall is a constructive signal for investors tracking Greece’s external sustainability. Continued narrowing over subsequent months would support a more favorable macroeconomic narrative as the country moves further into 2026.