Global news and insight for corporate financial professionals
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Greece economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Greece best banks and safest banks are also available.
Unemployment is simple enough to understand: it is an economic condition in which individuals seeking jobs remain un-hired. Yet measuring how many people are unemployed at any given moment in any given country is rather complex.
USD 11.93 billion (2020)
World Bank, last updated 12/16/2021
USD 211.65 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
USD 339.67 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 1.3% | 1.6% | 1.9% | –8.2% | 6.5% |
*Estimate
USD 19,827.16 (2021 estimate)
IMF - World Economic Outlook, October 2021
USD 31,820.57 (2021 estimate)
IMF - World Economic Outlook, October 2021
(2020 estimate)
1.3% (2019)
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 1.1% | 0.8% | 0.5% | –1.3% | –0.1% |
*Estimate
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 21.5% | 19.3% | 17.3% | 16.4% | 15.8% |
*Estimate
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 182.4% | 189.9% | 184.9% | 211.2% | 206.7% |
*Estimate
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 4.1% | 4.2% | 3.2% | –7.5% | –7.3% |
*Estimate
Standard & Poor's: BB
Moody's: Ba3
Standard & Poor's / Moody's (January 2022)
National Bank of Greece, Piraeus Bank, Alpha Bank, Eurobank Ergasias, Bank of Greece
-3.5 % (2018 estimate)
36.1% (2018)
0.20% (2018)
0.75% (2018)
Food and beverages, manufactured goods, petroleum products, chemicals, textiles
Machinery, transport equipment, fuels, chemicals
Italy 10.6%, Germany 7.1%, Turkey 6.8%, Cyprus 6.5%, Bulgaria 4.9%, Lebanon 4.3% (2017)
Germany 10.4%, Italy 8.2%, Russia 6.8%, Iraq 6.3%, South Korea 6.1%, China 5.4%, Netherlands 5.3%, France 4.3% (2017)
| 2016 | 2017 | 2018 |
| USD 2,763 million | USD 3,611 million | USD 4,257 million |
| 2016 | 2017 | 2018 |
| USD -1,666 million | USD 580 million | USD 848 million |
| 2015 | 2016 | 2017 | 2018 |
| USD -140 million | USD -3,462 million | USD -915 million | USD 629 million |
N/A
N/A
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:
79 out of 190 countries
Subcategories:
Starting a Business: 11 out of 190 countries
Dealing with Construction Permits: 86 out of 190 countries
Getting Electricity: 40 out of 190 countries
Registering Property: 156 out of 190 countries
Getting Credit: 119 out of 190 countries
Protecting Minority Investors: 37 out of 190 countries
Paying Taxes: 72 out of 190 countries
Trading across Borders: 34 out of 190 countries
Enforcing Contracts: 146 out of 190 countries
Resolving Insolvency: 72 out of 190 countries
59 out of 141 countries
(2019)
Ranking: 106 / Score: 57.7 (Mostly unfree)
(100=totally free 0=totally repressed)
Greek (official) 99%, other (includes English and French) 1%
Greek Orthodox (official) 81-90%, Muslim 2%, other 3%, none 4-15%, unspecified 1% (2015 est.)
| 1990 | 2000 | 2010 | 2015 | 2020* |
| 10.12 million | 10.78 million | 11.12 million | 10.86 million | 10.69 million |
*Estimate
| 1960 | 1980 | 2000 | 2018 |
| 55.9% | 69.3% | 72.7% | 79.1% |
Total population: 97.7%
Male: 98.5%
Female: 96.9%
Definition: age 15 and over can read and write (2015 est.)
2.7% (last available estimate, 2015)
36 (last available estimate, 2015)
(0=perfect equality, 100=absolute inequality)
Free
Political Rights: 1
Civil Liberties: 2 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 47% Mobile: 115.7% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)