External balance on goods and services in Greece
Greece: External balance on goods and services was -11.25 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Greece, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for external balance on goods and services in Greece is -11.25 billion current LCU, measured in 2025.
That represents a change of up 14.5% on the previous year and down 613.4% over ten years.
Over the whole period, external balance on goods and services in Greece peaked at -15.46 million current LCU in 1960 and was at its lowest, -27.54 billion current LCU, in 2008.
Greece ranks 114th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Greece, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | -15.46 million current LCU | — |
| 1961 | -17.65 million current LCU | +14.1% |
| 1962 | -26.42 million current LCU | +49.7% |
| 1963 | -28.72 million current LCU | +8.7% |
| 1964 | -48.74 million current LCU | +69.7% |
| 1965 | -58.09 million current LCU | +19.2% |
| 1966 | -42.29 million current LCU | -27.2% |
| 1967 | -45.46 million current LCU | +7.5% |
| 1968 | -61.78 million current LCU | +35.9% |
| 1969 | -73.57 million current LCU | +19.1% |
| 1970 | -76.99 million current LCU | +4.6% |
| 1971 | -81.26 million current LCU | +5.5% |
| 1972 | -94.24 million current LCU | +16.0% |
| 1973 | -147.06 million current LCU | +56.0% |
| 1974 | -137.09 million current LCU | -6.8% |
| 1975 | -164.87 million current LCU | +20.3% |
| 1976 | -197.07 million current LCU | +19.5% |
| 1977 | -227.90 million current LCU | +15.6% |
| 1978 | -239.42 million current LCU | +5.1% |
| 1979 | -257.61 million current LCU | +7.6% |
| 1980 | -349.11 million current LCU | +35.5% |
| 1981 | -284.65 million current LCU | -18.5% |
| 1982 | -685.38 million current LCU | +140.8% |
| 1983 | -916.58 million current LCU | +33.7% |
| 1984 | -998.83 million current LCU | +9.0% |
| 1985 | -1.37 billion current LCU | +37.6% |
| 1986 | -1.44 billion current LCU | +4.9% |
| 1987 | -1.33 billion current LCU | -8.1% |
| 1988 | -1.91 billion current LCU | +44.0% |
| 1989 | -2.95 billion current LCU | +54.8% |
| 1990 | -4.31 billion current LCU | +45.8% |
| 1991 | -5.13 billion current LCU | +19.1% |
| 1992 | -5.22 billion current LCU | +1.8% |
| 1993 | -5.81 billion current LCU | +11.2% |
| 1994 | -5.27 billion current LCU | -9.2% |
| 1995 | -6.78 billion current LCU | +28.6% |
| 1996 | -8.25 billion current LCU | +21.7% |
| 1997 | -7.45 billion current LCU | -9.7% |
| 1998 | -11.53 billion current LCU | +54.7% |
| 1999 | -12.02 billion current LCU | +4.3% |
| 2000 | -15.10 billion current LCU | +25.6% |
| 2001 | -15.54 billion current LCU | +2.9% |
| 2002 | -14.76 billion current LCU | -5.0% |
| 2003 | -17.67 billion current LCU | +19.7% |
| 2004 | -16.26 billion current LCU | -8.0% |
| 2005 | -16.30 billion current LCU | +0.3% |
| 2006 | -20.48 billion current LCU | +25.6% |
| 2007 | -25.29 billion current LCU | +23.5% |
| 2008 | -27.54 billion current LCU | +8.9% |
| 2009 | -20.90 billion current LCU | -24.1% |
| 2010 | -16.69 billion current LCU | -20.1% |
| 2011 | -11.55 billion current LCU | -30.8% |
| 2012 | -8.30 billion current LCU | -28.2% |
| 2013 | -4.10 billion current LCU | -50.6% |
| 2014 | -2.47 billion current LCU | -39.7% |
| 2015 | -1.58 billion current LCU | -36.2% |
| 2016 | -2.27 billion current LCU | +43.7% |
| 2017 | -2.35 billion current LCU | +3.6% |
| 2018 | -3.57 billion current LCU | +52.0% |
| 2019 | -2.72 billion current LCU | -23.8% |
| 2020 | -12.39 billion current LCU | +355.2% |
| 2021 | -13.83 billion current LCU | +11.6% |
| 2022 | -19.99 billion current LCU | +44.6% |
| 2023 | -10.77 billion current LCU | -46.1% |
| 2024 | -13.15 billion current LCU | +22.1% |
| 2025 | -11.25 billion current LCU | -14.5% |
Greece compared with similar countries
- Greece's -11.25 billion current LCU is below the median for high income countries, which is 3.18 billion current LCU. (72 countries reporting)
- Greece's -11.25 billion current LCU is below the median for Europe & Central Asia, which is 96.00 million current LCU. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -355.2% | -2.72 billion current LCU | -12.39 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -41.82 million current LCU | -73.57 million current LCU | -15.46 million current LCU | 10 |
| 1970s | -162.35 million current LCU | -257.61 million current LCU | -76.99 million current LCU | 10 |
| 1980s | -1.22 billion current LCU | -2.95 billion current LCU | -284.65 million current LCU | 10 |
| 1990s | -7.18 billion current LCU | -12.02 billion current LCU | -4.31 billion current LCU | 10 |
| 2000s | -18.98 billion current LCU | -27.54 billion current LCU | -14.76 billion current LCU | 10 |
| 2010s | -5.56 billion current LCU | -16.69 billion current LCU | -1.58 billion current LCU | 10 |
| 2020s | -13.56 billion current LCU | -19.99 billion current LCU | -10.77 billion current LCU | 6 |
Countries ranked near Greece
- 111 Georgia -6.08 billion current LCU compare
- 112 Bosnia and Herzegovina -7.42 billion current LCU compare
- 113 El Salvador -8.83 billion current LCU compare
- 115 France -12.12 billion current LCU compare
- 116 Sierra Leone -12.37 billion current LCU compare
- 117 Belgium -12.95 billion current LCU compare
More economy & growth data for Greece
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.22 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0087 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 213.34 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 6.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 42.78 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0263 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 647.98 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Greece?
- External balance on goods and services in Greece was -11.25 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Greece?
- The highest recorded value was -15.46 million current LCU in 1960.
- What is the lowest external balance on goods and services recorded in Greece?
- The lowest recorded value was -27.54 billion current LCU in 2008.
- How does Greece rank for external balance on goods and services?
- Greece ranks 114th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Greece?
- Over the last ten years it is down 613.4%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.