The Bank of Greece (BoG) on Monday announced that the balance of travel services in the country posted a surplus of 1.538 billion euros in May 2023, along with a surplus of 2.33 billion euros over the January-May 2023 period.
The country’s central bank reported that travel receipts rose by 24.8 percent in May 2023 and by 30.7 percent in January-May 2023 period.
Moreover, inbound traveller flows increased by 13.9 percent in May 2023 and by 32.9 percent in January-May 2023, the BoG announced.
Based on provisional data, the balance of travel services in May 2023 showed a surplus of 1.538 billion euros, up from a surplus of 1.204 billion euros in May 2022. Specifically, travel receipts in May 2023 rose by 24.8 percent compared to May 2022, while travel payments also increased by 6.4 percent – 209.2 million euros in May 2023 compared to 196.6 million euros in the corresponding month of 2022:
The rise in travel receipts was attributed to a 13.9-percent increase in inbound traveller flows, as well as to a rise of 9.0 percent in average expenditure per trip. Net receipts from travel services offset 51.0 percent of the goods deficit and contributed 89.0 percent to total net receipts from services.
In January-May 2023 period, the balance of travel services showed a surplus of 2.330 billion euros, up from a surplus of 1.783 billion euros in the same period of 2022. Travel receipts rose by 761.3 million euros, or 30.7 percent, to 3.244 billion euros, while travel payments increased by 214.2 million euros, or 30.6 percent, to 913.9 million euros.
The entire report is here: https://www.bankofgreece.gr/en/news-and-media/press-office/news-list/news?announcement=1c9ad5f7-e34f-455c-ac56-61fcf0053ab1
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-600x400.jpg)
