Greece’s balance of travel services recorded a surplus in September

Greece’s balance of travel services showed a surplus of 2.3 billion euros in September, up 17.2% y-o-y, provisional data from the Bank of Greece showed. More specifically, travel receipts rose by 15.5% to 2.5 billion in September 2017, from 2.1 billion in the same month of 2016, while travel payments decreased by 3.0%. 

“The rise in travel receipts is attributed to an 11.8% increase in inbound traveller flows and to a rise in average expenditure per trip by 3.9% to 518 euros. Net receipts from travel services accounted for 83.2% of total net receipts from services and more than offset (173.9%) the goods deficit,” BoG noted in a statement.

In the January-September period, the balance of travel services recorded a surplus of 11.5 billion euros, up 12.4% y-o-y.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: Dimboukas License: CC-BY-SA

Source: capital.gr

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