Greece’s gross domestic product advanced by 1.3 percent year-on-year in the first quarter of 2019, following a downwardly revised 1.5 percent growth in the previous three-month period. GDP Annual Growth Rate in Greece averaged 0.90 percent from 1996 until 2019, reaching an all time high of 6.80 percent in the fourth quarter of 2003 and a record low of -10.20 percent in the first quarter of 2011.

GDP Annual Growth Rate in Greece is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Greece to stand at 1.50 in 12 months time. In the long-term, the Greece GDP Annual Growth Rate is projected to trend around 1.70 percent in 2020, according to our econometric models.

Greece GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-03 09:00 AM GDP Growth Rate YoY Q2 1.8% 2.5% 1.8%
2018-12-04 10:00 AM GDP Growth Rate YoY Q3 2.2% 1.7% 1.8%
2019-03-07 10:00 AM GDP Growth Rate YoY Q4 1.6% 2.1% 2%
2019-06-04 09:00 AM GDP Growth Rate YoY Q1 1.3% 1.5% 1.8%
2019-09-04 09:00 AM GDP Growth Rate YoY Q2 1.3% 1.5%
2019-12-05 10:00 AM GDP Growth Rate YoY Q3 1.4%


Greece GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 -0.10 3.20 -4.80 percent [+]
GDP Annual Growth Rate 1.30 1.50 6.80 -10.20 percent [+]
GDP 218.03 203.09 354.46 4.45 USD Billion [+]
GDP Constant Prices 43999.00 47811.90 64999.80 36552.30 EUR Million [+]
Gross Fixed Capital Formation 5488.00 4981.44 17204.14 4766.16 EUR Million [+]
GDP per capita 23558.10 23053.00 30054.90 6779.90 USD [+]
GDP per capita PPP 25140.70 24601.70 32074.00 20600.50 USD [+]
GDP From Agriculture 1722.49 1946.04 2120.17 1282.17 EUR Million [+]
GDP From Construction 1085.79 2381.65 4414.46 678.92 EUR Million [+]
GDP From Mining 4801.01 4931.90 7566.45 4306.65 EUR Million [+]
GDP From Public Administration 9016.11 9169.67 11582.86 7607.63 EUR Million [+]
GDP From Services 7499.95 8592.63 17098.91 6899.10 EUR Million [+]


Greece GDP Annual Growth Rate

In Greece, household consumption is the main component of GDP and accounts for 72 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (12 percent). Exports of goods and services account for 33 percent of GDP while imports account for 35 percent, subtracting 2 percent of total GDP. This page provides the latest reported value for - Greece GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.50 6.80 -10.20 1996 - 2019 percent Quarterly
Constant Prices 2010, SA




Country Last Previous
China 6.20 Jun/19
India 5.80 Mar/19
Indonesia 5.07 Mar/19
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Saudi Arabia 1.70 Mar/19
South Korea 1.70 Mar/19
Switzerland 1.70 Mar/19
Canada 1.30 Mar/19
Euro Area 1.20 Mar/19
France 1.20 Mar/19
Mexico 1.20 Mar/19
Japan 0.90 Mar/19
Germany 0.70 Mar/19
Brazil 0.50 Mar/19
Russia 0.50 Mar/19
Singapore 0.10 Jun/19
South Africa 0.00 Mar/19
Italy -0.10 Mar/19
Turkey -2.60 Mar/19
Argentina -5.80 Mar/19


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