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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