Greece: Economy

Economic Trivia

Greece has a capitalist economy with a public sector accounting for about 40% of GDP and with per capita GDP about two-thirds that of the leading euro-zone economies.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): Germany, Italy, and Russia
Top 3 Exported Goods (2015): Oil & Mineral Fuels, Aluminum, and Industrial Machinery

Top Industries Source: CIA World Factbook

Tourism; Food and Tobacco Processing; Textiles; Chemicals

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $288,778,094,737 (2015)
GDP Growth Rate (annual %) -0.232% (2015)
GDP Per Capita, PPP (current international) $26,680 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 53/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -1.736% (2015)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 49.6% (2015)
Real Interest Rate (5 year average %) 3.221% (2003)
Manufacturing, value added (% of GDP) 9.135% (2015)
Current Account Balance (BoP, current US$) ($100,505,556) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 4,926,892 (2014)
Employment in Agriculture (% of total employment) 13% (2014)
Employment in Industry (% of total employment) 15.1% (2014)
Employment in Services (% of total employment) 71.8% (2014)
Unemployment Rate 26.3% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $59,120,623,045 (2015)
Exports of goods and services (current US$) $58,788,026,062 (2015)
Total Merchandise Trade (% of GDP) 42.256% (2014)
FDI, net inflows (BoP, current US$) ($289,384,508) (2015)
Commercial Service Exports (current US$) $41,014,831,335 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Greece’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary