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Greek Economy

In 2022, the Greek economy achieved a growth rate of 5.9%. Along with the increase in GDP, there was a significant increase in exports from €40 billion in 2021 to €54.7 billion in 2022, as well as in investments from 12.0% to 13.3% (% GDP), as shown in the table below:

Main Economic Indicators for Greece 2018-2022

2018

2019

   2020

2021  

2022

GDP prices of reference year 2015 (% change)

1.7%

1.9%

-9.0%

8.4%

5.9%

GDP at current prices (% change)

1.5%

2.1%

-9.8%

9.8%

14.5%

GDP at current prices (billions)  

179.6

183.4

165.4

181.7

208.0

Inflation (annual average)

0.6%

0.3%

-1.2%

1.2%

9.6%

Labor productivity

-3.6%

-0.1%

-7.0%

6.5%

10.9%

Unemployment rate (annual average)

19.3%

17.3%

16.3%

14.7%

12.4%

Investments (% GDP)

11.1

10.7

12.0

13.3

n/a

Private sector (% GDP)

7.9

8.2

8.8

9.7

n/a

General Government (% GDP)

3.2

2.5

3.1

3.6

n/a

Exports of goods at current prices (billions)

33.5

33.9

30.8

40.0

54.7

Imports of goods at current prices (billions)

54.1

55.7

48.9

65.5

93.0

Source: Hellenic Statistical Authority

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