Source
Central bank

Bank of Greece

International Reserves

USD 2.9 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 204.9 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 304.9 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
5.7% 3.3% -0.3% -4.3% -5.5% -9.1% -7.3%
2013 2014 2015 2016* 2017*    
-3.2% 0.7% -0.2% 0.1% 2.8%    

*Estimate

GDP per capita - current prices

USD 18,953.6 (2017, estimate)

GDP per capita - PPP

Intl$ 28,201.2 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.66% 0.51% 0.43% 0.36% 0.2%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 4.1% 
  • industry: 15% 
  • services: 80.9%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

0.8% (2014)

OECD, data retrieved January 2017

 

Inflation
2013 2014 2015 2016* 2017*
-0.9% -1.4% -1.1% -0.1% 0.6%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
27.5% 26.5% 25.0% 23.3% 21.5%

*Estimate

Household saving rates

-19.3% (Total, 2015)

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
177.7% 180.1% 176.9% 183.4% 184.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-3.5% -4.1% -3.1% -3.4% -2.7%

*Estimate

Government bond ratings

Standard & Poor's: B-

Moody's: Caa3

Standard & Poor's / Moody's (Updated January 2017)

Source
Market value of publicly traded shares
2013 2014 2015
USD 82.6 billion USD 55.2 billion USD 42.1 billion
Largest companies

Bank of Greece, National Bank of Greece, Piraeus Bank, Eurobank Ergasias, Alpha Bank, Public Power.

 
 
Source
Current account balance

USD -0.1 billion (2017 estimate)

Current account balance by percentage of GDP

0.0% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

31.9% (2015)

Shares in world total merchandising export

0.2% (2015)

Shares in world total commercial services export

0.6% (2015)

Total exports

USD 21.9 billion (2016 estimate)

Export commodities

Food and beverages, manufactured goods, petroleum products, chemicals, textiles

Total imports

USD 42.7 billion (2016 estimate)

 
 
Source
Import commodities

Machinery, transport equipment, fuels, chemicals

Exports - major partners

Italy 11.2%, Germany 7.3%, Turkey 6.6%, Cyprus 5.9%, Bulgaria 5.2%, US 4.8%, UK 4.2%, Egypt 4% (2015)

Imports - major partners

Germany 10.7%, Italy 8.4%, Russia 7.9%, Iraq 7%, China 5.9%, Netherlands 5.5%, France 4.5% (2015)

FDI inflows
2013 2014 2015
USD 2,817 million USD 1,670 million USD -289 million
FDI outflows
2013 2014 2015
USD -785 million USD 905 million USD 379 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -1561.4 million USD -1014.9 million USD 268.1 million USD -140.2 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 61 out of 190 countries (2016)

Subcategories:

Starting a business: 56 out of 190 countries

Enforcing Contracts: 133 out of 190 countries

Registering Property: 141 out of 190 countries

Getting credit: 82 out of 190 countries

Protecting investors: 42 out of 190 countries

Trading across border: 29 out of 190 countries

Paying Taxes: 64 out of 190 countries

Dealing with Construction Permits: 58 out of 190 countries

Getting Electricity: 52 out of 190 countries

Resolving Insolvency: 52 out of 190 countries

Global competitiveness ranking

86 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 138 / Score: 53.21 (Mostly unfree) (2017)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+2

Total area

131,957 sq km (2014)

Capital

Athens (2014)

Currency

euros (EUR) (2014)

Government type

parliamentary republic (2014)

Languages

Greek 99% (official), other 1% (includes English and French)

Religions

Greek Orthodox (official) 98%, Muslim 1.3%, other 0.7%

Total population
1990 2000 2010 2014* 2019**
10.16 million 10.904 million 11.184 million 11.04 million 10.988 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
42.9% 69% 73% 77%
Population median age

43.5 years (2014 est.)

Population growth rate

0.01% (2014 estimate)

Life expectancy

80.3 years (2014 estimate)

Adult literacy

97.3% (2011 estimate)

% of population living on less than $2 a day

1.7% (2010)

Inequality of wealth distribution (Gini index)

34.7 (2010)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 2
Civil Liberties: 2 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 47.9%   Mobile 116.8%
(2013)

(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

59.87% (2013)
 

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Athens 78th (2014)

CO2 emissions(Metric tons of CO2 per capita)

7.8 (2010)
 

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