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FX.co ★ Greece Current Account Deficit Shrinks in April

Greece Current Account Deficit Shrinks in April

Greece’s current account deficit narrowed to €1.39 billion in April 2026, down from €2.35 billion in the same month a year earlier. The goods deficit fell to €2.33 billion from €2.88 billion, as exports jumped 36.3% while imports grew at the slower pace of 12.2%.

The secondary income account also strengthened, shifting to a surplus of €0.15 billion from a deficit of €0.23 billion in April 2025, supported by higher receipts in the general government sector. The primary income balance improved as well, moving to a surplus of €0.12 billion from a deficit of €0.32 billion a year earlier.

These gains were partly offset by a modest decline in the services surplus, which slipped to €0.91 billion from €0.95 billion. Over the January–April 2026 period, Greece recorded a current account deficit of €8.35 billion, compared with €7.30 billion in the corresponding period of the previous year.

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