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