The Greek Economy

During 2019, the GDP growth continued at the same pace as the previous year (+1.9%). Apart from that, an increase in exports and a fall both in unemployment and inflation were also achieved, as shown at the following table:

Major Economic Indicators

 2014

2015

2016

2017

2018

2019

 GDP (Constant prices 2010)

 0.7%

 -0.4%

 -0.2%

+1.5%

+1.9%

+1.9%

Inflation: Annual Average

-1.3% 

 -1.7%

 -0.8%

1.1%

0.6%

0.3%

Labour Productivity (EU-28=100)**

86.4 

 83.5

 81.4

80.3

80.2

n.a.

Unemployment Rate

26.5% 

 24.9%

 23.5%

21.5%

19.3%

17.3%

Public Investments (%GDP)**

3.7% 

 3.8%

 3.5%

4.4%

3.0%

n.a.

Exports (Goods – Current Prices)*

 27.1

 25.8

 25.5

28.9

33.5

33.8

Imports (Goods – Current Prices)*

 48.3

 43.6

 44.2

47.3

54.1

55.5

*billion Euros 

** Source: Eurostat

Source: Hellenic Statistical Authority

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Economic Bulletin 1 MoF Greece
Economic Bulletin 2 MoF Greece
Economic Bulletin 5 MoF (September 2018)
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