Greece’s current account deficit rose 120.7 million euros year‑on‑year and stood at 1.8 billion in April, the Bank of Greece said on Tuesday.
In the January-April period, the current account fell 3.0 billion euros to 5.6 billion euros compared with the same period last year.
More specifically, a decrease in the deficit of the balance of goods is accounted for by a larger drop in imports than in exports. Exports decreased by 3.9% at current prices (1.7% at constant prices) and imports fell by 11.9% at current prices (‑4.1% at constant prices).
The performance of tourism is encouraging, with arrivals and tourism revenues showing an impressive rise.
Non‑residents’ arrivals rose by 30.0% and the relevant receipts by 19.9% compared with April 2022.
