According to data from the Bank of Greece, travel receipts skyrocketed to 20.5 billion euros in 2023, affirming that Greek tourism reached new heights, surpassing the record set in 2019.
Specifically, travel receipts amounted to 20.459 billion euros, approximately 12.7% higher than the 18.151 billion euros in 2019. Encouragingly, there are positive signs from off-season revenues. Tourism receipts for December of last year reached 344.2 million euros compared to 288.9 million euros in 2019, marking an increase of 19.1%. It’s also worth noting that in 2022, tourism revenue was 17.6 billion euros.
As per the Hellenic Statistical Authority (ELSTAT), compared to December 2022, non-resident traveler arrivals increased by 32.0% in December, while related receipts surged by 41.5%. For the 12 months of January-December, non-resident traveler arrivals rose by 17.6%, with related receipts increasing by 15.7%.
A significant reduction was recorded in December, as well as for the entirety of 2023, in the current account deficit, mainly due to the improvement in the balances of goods, services, and secondary incomes, partially offset by the deterioration of the primary income balance.
Specifically, according to data released by the Bank of Greece, in December 2023, the current account deficit decreased by 459.8 million euros compared to December 2022, reaching 2.2 billion euros.
Source: tovima.com
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