Greece’s tourist revenues were up by 12.7% in the first five months of 2025, while tourist traffic posted a 2.1% rise over the same period, according to the Bank of Greece (BoG).

As the BoG data revealed, over 7 million tourists visited the country during the above period, with the travel balance posting a €1.8 billion surplus in May 2025 and over €3 billion from January to May 2025.

Similarly, travel receipts recorded a notable increase of 17.7% for the month of May 2025, compared to 2024, and 12.7% over the first five months of the year.

While inbound traffic was down by 2.7% for May 2025, the figure is positive (+2.1%) from January to May. Travel payments also increased, up €246.1 million, or 22.4%, to €1.35 billion.

The rise in travel receipts was driven by a 2.1% increase in inbound tourist arrivals and a 10.4% jump in average spending per trip.

Net revenue from travel services offset 21.9% of the goods trade deficit and accounted for 72.9% of total net service receipts, the data showed.

Greece recorded a 25.8% year-on-year increase in travel receipts from EU-27 residents in May 2025, reaching €1.33 billion, according to official data. Receipts from non-EU residents also rose by 6.7%, amounting to €800 million, up from €749.4 million in May 2024.

The growth in EU travel income was driven by a 15.1% rise in receipts from eurozone countries (€1.04 billion) and an 88.6% surge from EU countries outside the euro area, which totaled €289.2 million.

Among eurozone source markets, revenues from Germany rose 16.1% to €473.5 million, while receipts from France climbed 9.9% to €153.3 million. Italy also posted a 14% increase, reaching €62.6 million.

From non-EU countries, the UK market grew by 8.9% to €314.1 million. However, travel receipts from the United States dropped sharply, down 28% to €112.5 million. Revenues from Russian travelers saw a modest increase, totaling €5.2 million.