Greece GR: Gross Domestic Product
Greece GR: Gross Domestic Product data was reported at 220,302.621 EUR mn in 2023. This records an increase from the previous number of 206,620.394 EUR mn for 2022. Greece GR: Gross Domestic Product data is updated yearly, averaging 163,460.764 EUR mn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 241,990.390 EUR mn in 2008 and a record low of 8,511.542 EUR mn in 1981. Greece GR: Gross Domestic Product data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Greece – Table GR.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: OECD Member: Annual.
In Greece, in 2011, the following methodological improvements resulted in a break in series: in the business enterprise sector, a new population frame was defined to cover all R&D-performing firms; in the government sector, the coverage was extended to also cover public hospitals as well as all institutions administered by the Ministry of Culture; in the higher education sector, all Technological Educational Institutes (TEI) and post-secondary establishments were included. These methodological changes were also applied to estimate the total GERD, BERD, GOVERD, and HERD between 2008 and 2010.
The methods for estimating R&D in the Higher Education sector changed in 1983, 1989, and 1995.
From 2008, GBARD data are exclusively based on R&D funders. Part of the increase in 2008 is also explained by a better identification of GBARD for cultural and archaeological activities.
View Greece's Greece GR: Gross Domestic Product from 1981 to 2023 in the chart:
What was Greece's Greece GR: Gross Domestic Product in 2023?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 220,302.621 2023 | 206,620.394 2022 | 8,511.542 1981 | 241,990.390 2008 | EUR mn | yearly | 1981 - 2023 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 50,259.887 2029 | yearly | 1980 - 2029 |
| Forecast: Nominal GDP Per Capita (USD) | 25,227.650 2027 | yearly | 1980 - 2027 |
| Forecast: Real GDP Growth (%) | 1.355 2027 | yearly | 1980 - 2027 |
| GDP Deflator Growth (%) | 5.1 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| GDP per Capita (USD) | 20,192.496 2021 | yearly | 1960 - 2021 |
| Gross Fixed Capital Formation (USD mn) | 10,224.767 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Gross National Product (GNP) (USD mn) | 238,668.955 2023 | yearly | 1960 - 2023 |
| Gross Savings Rate (%) | 14.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Investment: % of GDP (%) | 24.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Nominal GDP (USD mn) | 50,731.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Nominal GDP Growth (%) | 5.578 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Private Consumption Expenditure (USD mn) | 44,192.588 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Private Consumption: % of GDP (%) | 66.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Public Consumption Expenditure (USD mn) | 11,770.197 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Public Consumption: % of GDP (%) | 19.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Real GDP Growth (%) | 5.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Total Trade of Goods & Services: % of Nominal GDP (%) | 82.741 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Gold Production (kg) | 3,000.000 2022 | yearly | 2007 - 2022 |
| Industrial Production Index Growth (%) | 4.2 Apr 2023 | monthly | Jan 1991 - Apr 2023 |
| Minerals Production (Metric Ton) | 19,172,291.000 2022 | yearly | 2009 - 2022 |
| Silver Production (Metric Ton) | 29.281 2021 | yearly | 1986 - 2021 |
| Sales, Orders, Inventory & Shipments | Last | Frequency | Range |
|---|---|---|---|
| New Orders Growth (%) | -7.5 Dec 2013 | monthly | Jan 2001 - Dec 2013 |
| Construction and Properties | Last | Frequency | Range |
|---|---|---|---|
| House Prices Growth (%) | 7.3 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Nominal Residential Property Price Index (2010=100) | 108.091 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Nominal Residential Property Price Index Growth (%) | 7.799 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Real Residential Property Price Index (2010=100) | 90.775 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Real Residential Property Price Index Growth (%) | 4.785 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Building Permits (Unit) | 2,630.000 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Forecast: Government Expenditure (EUR bn) | 126.705 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (EUR bn) | 386.427 2029 | yearly | 1980 - 2029 |
| Forecast: Government Revenue (EUR bn) | 122.570 2029 | yearly | 1980 - 2029 |
| Government Debt: % of GDP (%) | 158.3 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| National Government Debt (USD mn) | 413,329.0 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Tax Revenue (USD mn) | 18,880.695 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | 3,590.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Tax Revenue: % of GDP (%) | 26.5 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
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