Tourism experts and local media had painted a much bleaker picture for the industry in the spring, based on visitor fears of a political and social crisis in Greece as well as speculation on the country's possible exit from the eurozone.
August, the peak of the tourist season in Greece, even saw a 2.9 percent increase in spending by non-residents compared to the same month a year earlier, despite a 2.5 percent dip in tourist arrivals.
This corresponds to 2.498 billion euros ($3.3 billion).
As a result, the current account, negative in August 2010 and 2011, made a surplus of 1.6 billion euros for August this year, compared to a deficit of 102.8 million last year.
Austerity has taken its toll on Greek tourists though, with expenses by resident Greeks abroad in August marking a 44.2 percent drop to 188.8 million euros.
Tourism is one of the pillars of Greek economy. Foreign travellers brought in about 7.46 billion euros over the first eight months of 2012.