Net trade in goods and services in Greece
Greece: Net trade in goods and services was -13.93 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-13.93 billion BoP, current US$
Change on year
down 15.4%
World rank
185th
of 200 countries
All-time high
-1.22 billion BoP, current US$
in 2015
All-time low
-39.46 billion BoP, current US$
in 2008
Years of data
48
1976–2024
Net trade in goods and services in Greece, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods and services in Greece stood at -13.93 billion BoP, current US$.
That represents a change of down 15.4% on the previous year and down 347.6% over ten years.
Over the whole period, net trade in goods and services in Greece peaked at -1.22 billion BoP, current US$ in 2015 and was at its lowest, -39.46 billion BoP, current US$, in 2008.
Greece ranks 185th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Greece, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -1.61 billion BoP, current US$ | — |
| 1977 | -1.84 billion BoP, current US$ | +14.5% |
| 1978 | -1.77 billion BoP, current US$ | -3.6% |
| 1979 | -2.88 billion BoP, current US$ | +62.2% |
| 1980 | -3.02 billion BoP, current US$ | +5.0% |
| 1981 | -3.10 billion BoP, current US$ | +2.7% |
| 1982 | -2.90 billion BoP, current US$ | -6.5% |
| 1983 | -2.82 billion BoP, current US$ | -2.7% |
| 1984 | -2.81 billion BoP, current US$ | -0.6% |
| 1985 | -3.81 billion BoP, current US$ | +35.9% |
| 1986 | -2.74 billion BoP, current US$ | -28.3% |
| 1987 | -2.83 billion BoP, current US$ | +3.4% |
| 1988 | -3.10 billion BoP, current US$ | +9.5% |
| 1989 | -4.91 billion BoP, current US$ | +58.7% |
| 1990 | -6.55 billion BoP, current US$ | +33.2% |
| 1991 | -5.99 billion BoP, current US$ | -8.5% |
| 1992 | -6.57 billion BoP, current US$ | +9.5% |
| 1993 | -5.81 billion BoP, current US$ | -11.6% |
| 1994 | -5.83 billion BoP, current US$ | +0.5% |
| 1995 | -9.19 billion BoP, current US$ | +57.5% |
| 1996 | -10.39 billion BoP, current US$ | +13.1% |
| 1997 | -10.74 billion BoP, current US$ | +3.3% |
| 1999 | -10.69 billion BoP, current US$ | -0.4% |
| 2000 | -12.28 billion BoP, current US$ | +14.9% |
| 2001 | -11.22 billion BoP, current US$ | -8.6% |
| 2002 | -11.15 billion BoP, current US$ | -0.7% |
| 2003 | -12.58 billion BoP, current US$ | +12.9% |
| 2004 | -12.57 billion BoP, current US$ | -0.1% |
| 2005 | -15.08 billion BoP, current US$ | +20.0% |
| 2006 | -24.90 billion BoP, current US$ | +65.1% |
| 2007 | -34.23 billion BoP, current US$ | +37.5% |
| 2008 | -39.46 billion BoP, current US$ | +15.3% |
| 2009 | -25.08 billion BoP, current US$ | -36.4% |
| 2010 | -20.25 billion BoP, current US$ | -19.2% |
| 2011 | -17.35 billion BoP, current US$ | -14.3% |
| 2012 | -6.00 billion BoP, current US$ | -65.4% |
| 2013 | -5.27 billion BoP, current US$ | -12.1% |
| 2014 | -3.11 billion BoP, current US$ | -41.0% |
| 2015 | -1.22 billion BoP, current US$ | -60.8% |
| 2016 | -1.71 billion BoP, current US$ | +40.4% |
| 2017 | -1.66 billion BoP, current US$ | -3.3% |
| 2018 | -3.94 billion BoP, current US$ | +137.6% |
| 2019 | -2.01 billion BoP, current US$ | -49.0% |
| 2020 | -12.74 billion BoP, current US$ | +534.3% |
| 2021 | -16.37 billion BoP, current US$ | +28.5% |
| 2022 | -21.67 billion BoP, current US$ | +32.4% |
| 2023 | -12.07 billion BoP, current US$ | -44.3% |
| 2024 | -13.93 billion BoP, current US$ | +15.4% |
Greece compared with similar countries
- Greece's -13.93 billion BoP, current US$ is below the median for high income countries, which is 2.86 billion BoP, current US$. (72 countries reporting)
- Greece's -13.93 billion BoP, current US$ is below the median for Europe & Central Asia, which is 460.27 million BoP, current US$. (51 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Greece changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -534.3% | -2.01 billion BoP, current US$ | -12.74 billion BoP, current US$ |
| 2018 | -137.6% | -1.66 billion BoP, current US$ | -3.94 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -2.03 billion BoP, current US$ | -2.88 billion BoP, current US$ | -1.61 billion BoP, current US$ | 4 |
| 1980s | -3.20 billion BoP, current US$ | -4.91 billion BoP, current US$ | -2.74 billion BoP, current US$ | 10 |
| 1990s | -7.97 billion BoP, current US$ | -10.74 billion BoP, current US$ | -5.81 billion BoP, current US$ | 9 |
| 2000s | -19.86 billion BoP, current US$ | -39.46 billion BoP, current US$ | -11.15 billion BoP, current US$ | 10 |
| 2010s | -6.25 billion BoP, current US$ | -20.25 billion BoP, current US$ | -1.22 billion BoP, current US$ | 10 |
| 2020s | -15.35 billion BoP, current US$ | -21.67 billion BoP, current US$ | -12.07 billion BoP, current US$ | 5 |
Countries ranked near Greece
- 182 Lebanon -11.54 billion BoP, current US$ compare
- 183 Ethiopia -11.95 billion BoP, current US$ compare
- 184 Belgium -13.81 billion BoP, current US$ compare
- 186 Colombia -14.87 billion BoP, current US$ compare
- 187 Morocco -16.51 billion BoP, current US$ compare
- 188 Guatemala -17.60 billion BoP, current US$ 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$), annual growth rate 57.98 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services in Greece?
- Net trade in goods and services in Greece was -13.93 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Greece?
- The highest recorded value was -1.22 billion BoP, current US$ in 2015.
- What is the lowest net trade in goods and services recorded in Greece?
- The lowest recorded value was -39.46 billion BoP, current US$ in 2008.
- How does Greece rank for net trade in goods and services?
- Greece ranks 185th out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Greece?
- Over the last ten years it is down 347.6%. The long-run trend across the full record is volatile.
- Where does this Greece data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). 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 indicator is expressed in United States dollars.