Economy of Greece. Statistics, Data and Indicators
Greece
| 10B+ | Credit rank #106 |
| 137.43 | Quality of life #39 |
| 51 | Corruption rank#61 |
| 79 | Ease of doing business#71 |
Greece Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 219 USD Billion | 2022 |
| GDP Annual Growth Rate | 2.7 % | 2Q/23 |
| GDP Growth Rate | 1.3 % | 2Q/23 |
| GDP per capita | 20168 USD | 2022 |
| Inflation Rate YoY | 2.7 % | Aug/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Unemployment Rate | 10.8 % | Jul/23 |
| Balance of Trade | -2455 EUR Million | -2.614 B USD | Jul/23 |
| Current Account | 827 EUR Million | 0.88 B USD | Jul/23 |
| Foreign Exchange Reserves | 12162 EUR Million | 12.948 B USD | Aug/23 |
| Government Debt | 404686 EUR Million | 430.838 B USD | 2Q/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 219 USD Billion | 2022 |
| GDP Annual Growth Rate | 2.7 % | 2Q/23 |
| GDP Growth Rate | 1.3 % | 2Q/23 |
| GDP per capita | 20168 USD | 2022 |
| GDP Constant Prices | 48552 EUR Million | 51.69 B USD | 2Q/23 |
| GDP per capita PPP | 31517 USD | 2022 |
| GDP From Agriculture | 1725 EUR Million | 1.836 B USD | 2Q/23 |
| GDP From Construction | 1164 EUR Million | 1.239 B USD | 2Q/23 |
| GDP From Mining | 6841 EUR Million | 7.283 B USD | 2Q/23 |
| GDP From Public Administration | 7843 EUR Million | 8.35 B USD | 2Q/23 |
| GDP From Services | 10368 EUR Million | 11.038 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 171 % | 2022 |
| Government Budget Value | -1024 EUR Million | -1.09 USD Billion | Jul/23 |
| Government Spending | 9252 EUR Million | 9.85 USD Billion | 2Q/23 |
| Government Debt | 404686 EUR Million | 430.838 USD Billion | 2Q/23 |
| Government Revenues | 43105 EUR Million | 45.891 USD Billion | Aug/23 |
| Fiscal Expenditure | 43207 EUR Million | 45.999 B USD | Aug/23 |
| Government Budget to GDP | -2.3 % | 2022 |
| Government Spending to GDP | 52.5 % | 2022 |
| Military Expenditure | 8105 USD Million | 8.105 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 114 index points | Aug/23 |
| Food Inflation | 10.75 % | Aug/23 |
| Gasoline Prices | 2.15 USD/Liter | Aug/23 |
| GDP Deflator | 108 index points | 2022 |
| Import Prices | 136 index points | Jul/23 |
| Inflation Rate YoY | 2.7 % | Aug/23 |
| Producer Prices | 134 index points | Jul/23 |
| Inflation Rate Mom | 0 % | Aug/23 |
| Core Consumer Prices | 107 Index Points | Aug/23 |
| Core Inflation Rate | 5.3 % | Aug/23 |
| CPI Housing Utilities | 118 Index Points | Aug/23 |
| CPI Transportation | 124 Index Points | Aug/23 |
| Harmonised Consumer Prices | 116 Index Points | Aug/23 |
| Producer Prices Change | -8.6 % | Jul/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -9.7 % | 2022 |
| Balance of Trade | -2455 EUR Million | -2.614 USD Billion | Jul/23 |
| Capital Flows | 1024 EUR Million | 1.09 USD Billion | Jul/23 |
| Current Account | 827 EUR Million | 0.88 USD Billion | Jul/23 |
| Exports | 4266 EUR Million | 4.542 USD Billion | Jul/23 |
| External Debt | 550183 EUR Million | 585.737 USD Billion | 1Q/23 |
| Foreign Exchange Reserves | 12162 EUR Million | 12.948 USD Billion | Aug/23 |
| Imports | 6721 EUR Million | 7.155 USD Billion | Jul/23 |
| Tourism Revenues | 4146 EUR Million | 4.414 B USD | Jul/23 |
| Tourist Arrivals | 4302 Persons | 0.004 Million Persons | Jun/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 5.82 % | Jul/23 |
| Gold Reserves | 114 Tonnes | 2Q/23 |
| Interbank Rate | -0.56 % | Sep/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Loans to Private Sector | 68990 EUR Million | 73.448 USD Billion | Jul/23 |
| Money Supply M0 | 34199 EUR Million | 36.409 USD Billion | Jul/23 |
| Money Supply M1 | 185358 EUR Million | 197.336 USD Billion | Jul/23 |
| Money Supply M2 | 236776 EUR Million | 252.077 USD Billion | Jul/23 |
| Money Supply M3 | 237442 EUR Million | 252.786 USD Billion | Jul/23 |
| Central Bank Balance Sheet | 225410 EUR Million | 239.977 B USD | Jul/23 |
| Foreign Direct Investment | 600 EUR Million | 0.639 B USD | Jul/23 |
| Private Sector Credit | 111226 EUR Million | 118.414 B USD | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 910 EUR/Month | 968.807 USD/Month | 3Q/23 |
| Retirement Age Men | 67 | 2019 |
| Retirement Age Women | 67 | 2019 |
| Unemployment Rate | 10.8 % | Jul/23 |
| Youth Unemployment Rate | 23.2 % | Jul/23 |
| Employed Persons | 4280 Thousand Person | 4.28 Million Person | Jul/23 |
| Employment Change | 0.6 % | 2Q/23 |
| Employment Rate | 90.1 % | Jul/23 |
| Full Time Employment | 3925 Thousand Person | 2Q/23 |
| Job Vacancies | 37107 | 37.107 K | 2Q/23 |
| Labor Force Participation Rate | 52.8 % | 2Q/23 |
| Living Wage Family | 1070 EUR/Month | 1205.579 USD/Month | 2018 |
| Living Wage Individual | 595 EUR/Month | 670.392 USD/Month | 2018 |
| Long Term Unemployment Rate | 6.7 % | 2Q/23 |
| Part Time Employment | 312 Thousand Persons | 2Q/23 |
| Unemployed Persons | 470 Thousand Persons | 0.47 Million Persons | Jul/23 |
| Wages High Skilled | 1510 EUR/Month | 1701.332 USD/Month | 2018 |
| Wages Low Skilled | 717 EUR/Month | 807.851 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 22 % | 2023 |
| Personal Income Tax Rate | 44 % | 2023 |
| Sales Tax Rate | 24 % | 2023 |
| Social Security Rate | 36.16 % | 2023 |
| Social Security Rate For Companies | 22.29 % | 2023 |
| Social Security Rate For Employees | 13.87 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 4 BBL/D/1K | Feb/19 |
| Electricity Production | 5105 GWh | Jul/23 |
| Industrial Production | -1.9 % | Jul/23 |
| Mining Production | 8.5 % | Jul/23 |
| Steel Production | 110 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | 2.2 % | Jul/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 112 index points | Aug/23 |
| Corruption Index | 52 index points | 2022 |
| Corruption Rank | 51 place | 2022 |
| Ease of Doing Business | 79 place | 2019 |
| Manufacturing PMI | 52.9 index points | Aug/23 |
| Manufacturing Production | 0.8 % | Jul/23 |
| Competitiveness Index | 62.58 Index Points | 2019 |
| Competitiveness Rank | 59 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -35.4 index points | Aug/23 |
| Private Debt To GDP | 112 % | 2022 |
| Retail Sales MoM | -3.8 % | Jun/23 |
| Retail Sales YoY | -7.6 % | Jun/23 |
| Consumer Credit | 8585 EUR Million | 9.14 USD Billion | Jul/23 |
| Consumer Spending | 35175 EUR Million | 37.448 USD Billion | 2Q/23 |
| Households Debt To GDP | 44.2 % | 1Q/23 |
