Greece Current Account Deficit Largest in Over 3 Years

Greece’s current account deficit widened to €3.86 billion in December 2025 from €3.73 billion in the corresponding month a year ago, marking the largest deficit recorded since November 2022. The goods account shortfall increased to €3.56 billion from €3.19 billion, as imports advanced by 6.6%, while exports rose by 2.6%. The services surplus also shrank to €0.42 billion from €0.49 billion in December 2024. In addition, the secondary income deficit expanded to €0.31 billion from €0.20 billion. Meanwhile, the primary income deficit decreased sharply to €0.41 billion from €0.83 billion, reflecting a rise in net receipts. For the full year, the country posted a current account deficit of €14.11 billion, compared with €18.61 billion recorded last year.