Greece's gross domestic product shrank 7.9 percent year-on-year in the last quarter of 2020, following a revised 10.5 percent contraction in the previous period and a record 13.8 percent slump in the second quarter. source: National Statistical Service of Greece
GDP Annual Growth Rate in Greece averaged 0.52 percent from 1996 until 2020, reaching an all time high of 6.80 percent in the fourth quarter of 2003 and a record low of -13.80 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
GDP Annual Growth Rate in Greece is expected to be -7.60 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 4.20 in 12 months time. In the long-term, the Greece GDP Annual Growth Rate is projected to trend around 3.60 percent in 2022 and 2.70 percent in 2023, according to our econometric models.