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.