Greece current account to gdp

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Greece current account to gdp: -6.2 (-39.22%)
Last Update: December 31, 2024

Greece current account to gdp closed down -6.2 as of December 31, 2024 from -10.2 from the previous month and -3.8 from last year.


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Greece current account to gdp

Date Values
2024-12-31 -6.2
2023-12-31 -10.2
2022-12-31 -10.3
2021-12-31 -6.8
2020-12-31 -6.6
2019-12-31 -1.4
2018-12-31 -1.1
2017-12-31 -1
2016-12-31 -1.1
2015-12-31 -0.2
2014-12-31 -1.6
2013-12-31 -2
2012-12-31 -3.8
2011-12-31 -10
2010-12-31 -11.4
2009-12-31 -12.3
2008-12-31 -15.1
2007-12-31 -15.2
2006-12-31 -11.5
2005-12-31 -8.9
2004-12-31 -7.7
2003-12-31 -8.5
2002-12-31 -6.8
2001-12-31 -7.2

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Greece current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp gr.currentaccountgdp -6.2 -10.2 -39 63 Down Down 0 2024-12-31

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Greece current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Greece current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Greece current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Greece current account to gdp

The current account to GDP ratio in Greece measures the country's ability to finance its imports and pay off its debts with the revenue generated from exports. A high ratio indicates that the country relies heavily on foreign sources of funding, while a low ratio suggests that the country is able to finance its trade balance through its own resources. In recent years, Greece has struggled with a high current account deficit, indicating that it is heavily reliant on external financing to support its economy. This has raised concerns about the country's fiscal sustainability and ability to repay its debts. Efforts have been made to improve the current account balance through structural reforms and austerity measures, but challenges remain in achieving a more sustainable and balanced economy.

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