Greece: Economy
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Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
High Income |
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Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developed |
| 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. |
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Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2021): Germany, Italy, and China |
| Top Industries Source: CIA World Factbook | Tourism; Food and Tobacco Processing; Textiles; Chemicals |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $333,749,205,468 (2021) |
| GDP Growth Rate (annual %) | 8.434% (2021) |
| GDP Per Capita, PPP (current international) | $31,364 (2021) |
GDP Country Rank 55/197 (2021)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 1.224% (2021) |
| External debt stocks, total (DOD, current US$) | Data unavailable |
| Total tax rate (% of commercial profits) | 51.9% (2019) |
| Real Interest Rate (5 year average %) | 7.544% (2016) |
| Manufacturing, value added (% of GDP) | 8.648% (2021) |
| Current Account Balance (BoP, current US$) | ($13,857,822,381) (2021) |
Labor and Employment [1]
| Labor Force, Total | 4,619,069 (2021) |
| Employment in Agriculture (% of total employment) | 11.707% (2020) |
| Employment in Industry (% of total employment) | 15.17% (2020) |
| Employment in Services (% of total employment) | 73.123% (2020) |
| Unemployment Rate | 14.795% (2021) |
Trade [1]
| Imports of goods and services (current US$) | $104,400,555,769 (2021) |
| Exports of goods and services (current US$) | $87,827,556,200 (2021) |
| Total Merchandise Trade (% of GDP) | 57.255% (2021) |
| FDI, net inflows (BoP, current US$) | $5,988,254,420 (2021) |
| Commercial Service Exports (current US$) | $41,134,090,119 (2021) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
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.