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: Russia, Germany, and Italy
Top 3 Exported Goods: Oil & Mineral Fuels, Aluminum, and Electrical 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 $) $283 billion (2013)
GDP Growth Rate (annual %) -3.855% (2013)
GDP Per Capita, PPP (current international $) $25,651 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 51/192 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -0.921% (2013)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 44% (2013)
Real Interest Rate (5 year average %) 2.756% (2003)
Manufacturing, value added (% of GDP) 9.81% (2013)
Current Account Balance (BoP, current US$) $-6,171,871,580 (2012)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 5,039,973 (2012)
Employment in Agriculture (% of total employment) 13% (2012)
Employment in Industry (% of total employment) 16.7% (2012)
Employment in Services (% of total employment) 70.3% (2012)
Unemployment Rate 24.2% (2012)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $76,764 million (2013)
Exports of goods and services (current US$) $70,389 million (2013)
Total Merchandise Trade (% of GDP) 38.029% (2012)
FDI, net inflows (BoP, current US$) $2,695 million (2013)
Commercial Service Exports (current US$) $34,917,841,574 (2012)
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