Greece’s current account deficit in 2024 came to 7.2% of gross domestic product, after the Bank of Greece revised the data, compared to a previous estimate of 6.4%.
This further increased the distance from the target set by the European Commission for Greece to contain the deficit at 3% of GDP.
The revision was made due to the inclusion of deferred interest on loans from the European Financial Stability Facility (EFSF) in the debt stock.
However, in the January-August 2025 period, the balance showed an improvement, as its deficit decreased by €2.1 billion, or 24.3%, and reached €6.6 billion, as reported by Eurobank in its last Friday’s edition of its “7 Days Economy” bulletin.
Tourism, fuel and primary income contributed to this development.
