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 (2017): Germany, Italy, and Russia
Top 3 Exported Goods (2017): Oil & Mineral Fuels, Aluminum, 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) $317,454,786,563 (2018)
GDP Growth Rate (annual %) 1.934% (2018)
GDP Per Capita, PPP (current international) $29,592 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 56/196 (2018)

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 %) 0.626% (2018)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 51.9% (2018)
Real Interest Rate (5 year average %) 7.544% (2016)
Manufacturing, value added (% of GDP) 9.599% (2018)
Current Account Balance (BoP, current US$) ($6,372,398,341) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,867,553 (2018)
Employment in Agriculture (% of total employment) 11.969% (2018)
Employment in Industry (% of total employment) 15.34% (2018)
Employment in Services (% of total employment) 72.691% (2018)
Unemployment Rate 19.207% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $79,342,810,498 (2018)
Exports of goods and services (current US$) $78,773,229,216 (2018)
Total Merchandise Trade (% of GDP) 47.982% (2018)
FDI, net inflows (BoP, current US$) $4,310,933,424 (2018)
Commercial Service Exports (current US$) $43,505,091,907 (2018)
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