What makes up Greece’s external deficit?
Annual BPM6 net balances from one main-account dataset: goods, services, primary income, secondary income and the published current account. Total economy on both sides, rest of world, nominal million EUR.
This is an accounting breakdown, not a causal effect or a national progress score. BOP goods use ownership and FOB valuation, unlike customs imports commonly valued CIF. The services total here can differ from the detailed-services page because dataflows and vintages differ; only the main-account series is used in this calculation. Current account is not household disposable income, GDP or the financial account.
Greece · 2025
Goods + services + primary income + secondary income = -13,828.00 million EUR. Published current account: -13,826.00 million EUR. Published minus component sum: 2.00 million EUR.
This residual is preserved; it is not labelled as the BOP errors-and-omissions item. Display rounding is separate from source precision.
How much does a services surplus offset a goods deficit?
66.52% · services surplus / absolute goods deficit.
Defined only for a negative goods balance and positive services balance. Ratios can exceed 100%; they are not clamped. Small deficits make this ratio unstable. This is an accounting offset, not an economic impact estimate.
Median among eligible other countries, selected country excluded: 116.20% (15/26). Bulgaria, Estonia, Spain, France, Croatia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Portugal, Romania, Slovenia, Slovakia.
Published current-account change: 2019 → 2025: -11,101.00 million EUR; matched other-country median -1,100.65 million EUR (26/26). Nominal level differences reflect economy size; no better/worse country ranking is inferred.
Incomplete component/current-account comparisons: none.
Every country, source flags and exact accounting values
million EUR; display rounded, exported cells keep source precision.
| Country | Goods | Services | Primary income | Secondary income | Published current account | Component sum | Residual | Services / goods deficit (%) | Ratio status |
|---|---|---|---|---|---|---|---|---|---|
| Belgium | 5,469.00 | -8,846.00 | 8,825.00 | -6,545.00 | -1,098.00 | -1,097.00 | -1.00 | n/a | no goods deficit |
| Bulgaria | -9,832.20 | 8,617.90 | -7,116.50 | 1,278.80 | -7,052.10 | -7,052.00 | -0.10 | 87.65 | |
| Czechia | 16,066.30 | 4,137.70 | -15,864.10 | -1,848.30 | 2,491.50 | 2,491.60 | -0.10 | n/a | no goods deficit |
| Denmark | 43,466.90 | 1,800.80 | 10,533.50 | -4,617.30 | 51,183.80 | 51,183.90 | -0.10 | n/a | no goods deficit |
| Germany | 185,955.00 | -76,227.00 | 160,775.00 | -70,367.00 | 200,136.00 | 200,136.00 | 0.00 | n/a | no goods deficit |
| Estonia | -2,791.20 | 3,243.30 | -400.00 | 85.10 | 137.20 | 137.20 | -0.00 | 116.20 | |
| Ireland | 197,792.00 | 28,221.00 | -172,478.00 | -5,254.00 | 48,281.00 | 48,281.00 | 0.00 | n/a | no goods deficit |
| Greece | -33,733.00 | 22,440.00 | -4,706.00 | 2,171.00 | -13,826.00 | -13,828.00 | 2.00 | 66.52 | |
| Spain | -50,266.00 | 115,371.00 | 3,722.00 | -13,999.00 | 54,829.00 | 54,828.00 | 1.00 | 229.52 | |
| France | -58,026.00 | 45,412.00 | 51,029.00 | -50,011.00 | -11,595.00 | -11,596.00 | 1.00 | 78.26 | |
| Croatia | -19,785.00 | 14,765.90 | -3,408.10 | 4,401.40 | -4,025.80 | -4,025.80 | 0.00 | 74.63 | |
| Italy | 41,180.00 | -6,617.00 | -359.00 | -18,587.00 | 15,617.00 | 15,617.00 | 0.00 | n/a | no goods deficit |
| Cyprus | -7,288.30 | 10,004.20 | -5,476.30 | -446.60 | -3,206.70 | -3,207.00 | 0.30 | 137.26 | |
| Latvia | -4,265.00 | 1,823.00 | -415.00 | 592.00 | -2,265.00 | -2,265.00 | 0.00 | 42.74 | |
| Lithuania | -7,681.30 | 10,068.70 | -3,227.40 | -17.60 | -857.70 | -857.60 | -0.10 | 131.08 | |
| Luxembourg | 863.00 | 27,087.00 | -26,232.00 | -1,117.00 | 601.00 | 601.00 | 0.00 | n/a | no goods deficit |
| Hungary | -1,723.30 | 11,624.30 | -4,455.90 | -513.40 | 4,931.80 | 4,931.70 | 0.10 | 674.54 | |
| Malta | -3,511.20 | 8,198.90 | -2,892.80 | -149.80 | 1,645.00 | 1,645.10 | -0.10 | 233.51 | |
| Netherlands | 79,295.00 | 43,405.00 | -18,849.00 | -14,519.00 | 89,332.00 | 89,332.00 | 0.00 | n/a | no goods deficit |
| Austria | 4,164.00 | 7,147.00 | 5,503.00 | -3,624.00 | 13,191.00 | 13,190.00 | 1.00 | n/a | no goods deficit |
| Poland | -13,528.40 | 38,735.40 | -33,861.70 | -493.50 | -9,145.30 | -9,148.20 | 2.90 | 286.33 | |
| Portugal | -30,179.00 | 33,161.00 | -4,304.00 | 4,876.00 | 3,552.00 | 3,554.00 | -2.00 | 109.88 | |
| Romania | -32,483.90 | 13,143.20 | -9,708.30 | 709.10 | -28,340.10 | -28,339.90 | -0.20 | 40.46 | |
| Slovenia | -299.00 | 4,253.20 | -387.80 | -665.80 | 2,900.70 | 2,900.60 | 0.10 | 1,422.47 | |
| Slovakia | -724.80 | 256.10 | -4,791.70 | -1,238.70 | -6,499.20 | -6,499.10 | -0.10 | 35.33 | |
| Finland | 8,665.00 | -4,424.00 | 497.00 | -1,815.00 | 2,922.00 | 2,923.00 | -1.00 | n/a | no goods deficit |
| Sweden | 32,292.70 | -11,480.50 | 29,003.30 | -10,576.50 | 39,239.00 | 39,239.00 | 0.00 | n/a | no goods deficit |
Selected country history
| Year | Goods | Services | Primary income | Secondary income | Published current account | Residual |
|---|---|---|---|---|---|---|
| 2002 | -22,525.00 | 9,609.00 | 535.00 | 1,216.00 | -11,167.00 | -2.00 |
| 2003 | -25,185.00 | 10,194.00 | -1,189.00 | 1,061.00 | -15,118.00 | 1.00 |
| 2004 | -28,182.00 | 13,995.00 | -1,650.00 | 901.00 | -14,936.00 | 0.00 |
| 2005 | -29,364.00 | 14,266.00 | -2,653.00 | 77.00 | -17,672.00 | 2.00 |
| 2006 | -35,205.00 | 13,990.00 | -4,234.00 | 425.00 | -25,025.00 | -1.00 |
| 2007 | -42,788.00 | 15,141.00 | -6,589.00 | -1,105.00 | -35,341.00 | 0.00 |
| 2008 | -44,364.00 | 15,680.00 | -7,543.00 | -344.00 | -36,570.00 | 1.00 |
| 2009 | -33,136.00 | 11,505.00 | -6,742.00 | -953.00 | -29,323.00 | 3.00 |
| 2010 | -27,271.00 | 12,096.00 | -5,712.00 | -1,764.00 | -22,648.00 | 3.00 |
| 2011 | -23,391.00 | 13,594.00 | -6,525.00 | -1,508.00 | -17,831.00 | -1.00 |
| 2012 | -20,351.00 | 13,822.00 | 820.00 | -953.00 | -6,666.00 | -4.00 |
| 2013 | -19,672.00 | 15,745.00 | -458.00 | 1,797.00 | -2,588.00 | 0.00 |
| 2014 | -20,631.00 | 18,244.00 | 1,401.00 | -334.00 | -1,319.00 | 1.00 |
| 2015 | -17,666.00 | 16,581.00 | 153.00 | -507.00 | -1,438.00 | 1.00 |
| 2016 | -17,960.00 | 16,298.00 | -798.00 | -588.00 | -3,049.00 | -1.00 |
| 2017 | -19,834.00 | 18,042.00 | -1,056.00 | -558.00 | -3,407.00 | -1.00 |
| 2018 | -22,488.00 | 19,305.00 | -1,726.00 | -322.00 | -5,231.00 | 0.00 |
| 2019 | -22,834.00 | 21,115.00 | -1,592.00 | 584.00 | -2,725.00 | 2.00 |
| 2020 | -18,528.00 | 7,279.00 | -1,341.00 | 561.00 | -12,029.00 | 0.00 |
| 2021 | -26,720.00 | 12,845.00 | -614.00 | 1,234.00 | -13,253.00 | 2.00 |
| 2022 | -39,510.00 | 19,321.00 | -1,757.00 | -302.00 | -22,248.00 | 0.00 |
| 2023 | -33,062.00 | 21,807.00 | -5,354.00 | 1,326.00 | -15,281.00 | 2.00 |
| 2024 | -36,449.00 | 22,605.00 | -6,026.00 | 2,077.00 | -17,795.00 | -2.00 |
| 2025 | -33,733.00 | 22,440.00 | -4,706.00 | 2,171.00 | -13,826.00 | 2.00 |
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Eurostat · 2026-10-25