Travel receipts grew 72 percent in January 2023, totaling 224.2 million euros, up from 130.5 million euros in the corresponding month last year, the Bank of Greece (BoG) announced on Friday.
Specifically, based on provisional data, the balance of travel services in January 2023 showed a surplus of 26.3 million euros, down from a surplus of 44.0 million euros in January 2022.
Travel payments also increased by 129.0 percent (January 2023: 197.9 million, January 2022: 86.4 million). The rise in travel receipts was due to an 86.1-percent increase in inbound traveler flows, as average expenditure per trip declined by 7.6 percent. Net travel receipts offset 1.1 percent of the goods deficit and contributed 9.8 percent of total net services receipts.
Travel receipts from residents of EU27 countries increased by 23.7 percent to 95.1 million euros, while receipts from outside the EU27 grew by 141.4 percent (January 2023: 128.9 million, January 2022: 53.4 million). The rise in receipts from within the EU27 is attributed to a 31.3 percent increase in receipts from residents of euro area countries (January 2023: 80.7 million, January 2022: 61.5 million), as receipts from non-euro area residents decreased by 6.9 percent to 14.3 million. More specifically, among major euro area countries of origin, receipts from Germany rose by 13.3 percent to 22.3 million, as did receipts from France, by 168.4 percent to 12.1 million. Turning to non-EU27 countries, receipts from the United Kingdom rose by 48.3 percent to 20.2 million, while receipts from the United States increased by 10.4 percent to 8.1 million. Receipts from Russia decreased by 67.5 percent to 0.4 million.
The number of inbound travelers rose by 86.1 percent year-on-year to 635,000. Specifically, traveler flows through airports increased by 70.1 percent compared with January 2022, while traveler flows through road border-crossing points rose by 144.1 percent.
Οι γαλάζιες τρικλοποδιές για μια θέση στη Βουλή, οι σφήνες στις υπουργικές καρέκλες και τι γυρεύουν 5 πρεσβεις στην Αλεξανδρούπολη
Greek cheese: PGI Kaskavali Pindos on new roads
Kascavali is a local product produced by nomadic herders
Tourism: 4 major markets “vote” Greece – In the top 10 of options for USA, Australia, Canada and Brazil
What the Long Distance Market Barometer published by the European Travel Commission shows
Greek Elections 2023: The dynamics of the parties ahead of June 25
The parties are trying to correct the mistakes made in the first polls with each of them setting different goals ahead of the new election contest
Souvlaki… at caviar prices: Up to 15 euros on Mykonos – The prices on other islands
Once upon a time, souvlaki was cheap food...
Market Pass: Greeks to get new installment and retroactive payment
"Green light" for the credit of the penultimate tranche of 24 million.
Greek taxes: What does the dividend tax increase mean?
Tough fight between ND, SYRIZA and PASOK on the way to the polls
Metron Analysis poll: ND above 40%, SYRIZA falling below 20%
The opinion poll was conducted between May 25 and May 30
Mytilineos CEO, founder leaves open possibility of transferring group's HQ outside Greece
"This is a sensitive issue amid a politically sensitive period"
Jobless rate in Greece at 11.2% in April 2023
The rate was marginally up from 11.1 percent in March 2023
Greek Ministry of Shipping: Fake travel certificates ring busted
Those arrested are accused of violating the legislation on "Criminal organization", "about foreigners" and "Forgery of certificates"