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Greek Economy

During the year 2021, the Greek economy manifested major growth of 8,3%. Aside from the increase of GDP, an increase of exports was observed along with a reduction of the levels of unemployment as it is reported in the following table:

Major Economic Indicators

2016

2017

2018

2019

2020

2021  

 GDP (Constant prices 2015)

 -0.5%

+1.1%

+1.7%

+1.8%

-9,0%

+8,3%

Inflation: Annual Average

 -0.8%

1.1%

0.6%

0.3%

-1,2%

1,2%

Labour Productivity (EU-27=100)**

 73.7

74.2

71.0

70.5

66.5

n.a.

Unemployment Rate

 23.5%

21.5%

19.3%

17.3%

16.3%

14.7%

Public Investments (%GDP)**

 3.6%

4.5%

3.3%

2.5%

3.1%

n.a.

Exports (Goods – Current Prices)*

 25.4

28.9

33.5

33.9

30.8

39.9

Imports (Goods – Current Prices)*

 42.3

47.3

54.1

55.7

48.9

64.2

*billion Euros 

** Source: Eurostat

***Source: Hellenic Statistical Authority

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