Retail Banking Financial Update
CURRENT ACCOUNT DEFICIT SUPPORTED BY FDI
CURRENT ACCOUNT BALANCE (% OF GDP)
30%
Goods, net
Services, net
Income, net
Transfers, net --CA deficit
net FDI
Source: NBG, Geostat
CA deficit at 12.0% of GDP in 9M20
20%
10.5%
6.0%
6.5%
10%
4.6%
5.3%
8.1%
9.5%
8.2%
5.5%
5.9%
0%
-10%
-5.6%
-8.0%
-6.8%
-5.5%
-9.8%
-10.2%
-20%
-12.2%
-11.4%
-11.8%
-12.5%
-30%
-40%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
FDI AND CAPITAL GOODS IMPORT
BUILDING INTERNATIONAL RESERVES, US$ BN
Source: Geostat
Source: NBG
16%
4.5
11.6%
12.2%
3.9
4.0
10.9%
12%
3.3
3.5
3.5
10.4%
7.1%
7.5%
8.5%
3.0
2.8 2.9 2.8 2.7
3.0
2.8
8.1%
8.0%
2.5
8%
6.5%
6.8%
2.5
2.1
2.3
7.2% 6.4%
7.2%
8.7%
2.0
7.9%
7.4%
7.5%
1.4
1.5
7.6%
4%
6.0%
1.5
6.2%
5.7%
1.0
0.5
0%
0.0
―― FDI to GDP, %
-Capital goods imports to GDP, %
2011
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