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Tue, May

Greece Tourism Revenue Surges in Q1 as Visitor Numbers Jump

Greece Tourism Revenue Surges in Q1 as Visitor Numbers Jump

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Greece’s tourism sector posted strong growth in the first quarter of 2026, with travel receipts and inbound visitor numbers rising sharply and helping boost the country’s services surplus, according to provisional central bank data.

The balance of travel services recorded a surplus of 409.6 million euros (US$465 million) in March, up from 172.8 million euros in the same month last year. For the January-March period, the surplus widened to 928.4 million euros from 352.6 million euros a year earlier.

Travel receipts climbed 55.6% year-on-year in March to 669.4 million euros, while travel payments edged up 0.9% to 259.8 million euros. In the first three months of the year, receipts increased 64.3% to 1.68 billion euros, as payments rose 12% to 747.7 million euros.

The increase was driven by both higher visitor arrivals and stronger spending per trip. In March, inbound traveler flows rose 38.1%, while average expenditure per trip increased 13.8%. For the first quarter overall, arrivals increased 38.3% and average spending rose 19.9%.

Net travel receipts offset 15.8% of Greece’s goods trade deficit in March

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