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 (2019): Germany, Italy, and China
Top 3 Exported Goods (2019): Oil & Mineral Fuels, Pharmaceuticals, and Industrial Machinery

Top Industries Source: CIA World Factbook

Tourism; Food and Tobacco Processing; Textiles; Chemicals

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $329,229,021,720 (2019)
GDP Growth Rate (annual %) 1.871% (2019)
GDP Per Capita, PPP (current international) $30,722 (2019)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 55/196 (2019)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 0.253% (2019)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 51.9% (2019)
Real Interest Rate (5 year average %) 7.544% (2016)
Manufacturing, value added (% of GDP) 9.523% (2019)
Current Account Balance (BoP, current US$) ($2,927,640,330) (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,729,920 (2020)
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 15.474% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $78,058,893,258 (2019)
Exports of goods and services (current US$) $78,038,964,372 (2019)
Total Merchandise Trade (% of GDP) 0% (2019)
FDI, net inflows (BoP, current US$) $4,611,617,008 (2019)
Commercial Service Exports (current US$) $44,721,478,116 (2019)
Click on a row to display its 5-year graph on the right.

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.

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

Sources

  1. The World Bank