The seasonally adjusted unemployment rate in Greece decreased to 15.8 percent in December of 2020 from 16.2 percent in the previous month. It was the lowest jobless rate since February, as the number of unemployed persons decreased by 24,332 to 726,360 and employed persons by 12,697 to 3,880,364. The age group 15-24 remains the most affected by unemployment (34.2 percent). Across the country's regions, the highest rates of unemployment were recorded in Aegean Islands (18.8 percent) and Epirus-Western Macedonia (18 percent). source: National Statistical Service of Greece

Unemployment Rate in Greece averaged 16.29 percent from 1998 until 2020, reaching an all time high of 27.90 percent in July of 2013 and a record low of 7.40 percent in May of 2008. This page provides the latest reported value for - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Unemployment Rate in Greece is expected to be 19.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Greece to stand at 17.40 in 12 months time. In the long-term, the Greece Unemployment Rate is projected to trend around 16.00 percent in 2022, according to our econometric models.

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Greece Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.80 16.20 27.90 7.40 1998 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-10 10:00 AM Sep 16.1% 16.5% 17%
2021-01-15 10:00 AM Oct 16.7% 16.7% 16.6%
2021-02-11 10:00 AM Nov 16.2% 16.4% 16.9%
2021-03-17 10:15 AM Dec 15.8% 16.2% 16.6%
2021-05-13 09:00 AM Feb 15.5%
2021-05-13 09:00 AM Jan 15.8% 15.7%
2021-06-11 09:00 AM Mar
2021-07-15 09:00 AM Apr


News Stream
Greek Jobless Rate Falls to 10-Month Low in December
The seasonally adjusted unemployment rate in Greece decreased to 15.8 percent in December of 2020 from 16.2 percent in the previous month. It was the lowest jobless rate since February, as the number of unemployed persons decreased by 24,332 to 726,360 and employed persons by 12,697 to 3,880,364. The age group 15-24 remains the most affected by unemployment (34.2 percent). Across the country's regions, the highest rates of unemployment were recorded in Aegean Islands (18.8 percent) and Epirus-Western Macedonia (18 percent).
2021-03-17
Greece Jobless Rate at 7-Month Low
The seasonally adjusted unemployment rate in Greece declined to 16.2 percent in November of 2020, from a downwardly revised 16.4 percent in October. The number of unemployed persons decreased by 15.8 thousand to 753.5 thousand and employed persons by 24.5 thousand to 3.894 million. The age group 15-24 remains the most affected by unemployment (34 percent). Across the country's regions, the highest rates of unemployment were recorded in Epirus-Western Macedonia (19.5 percent) and Aegean Islands (17.8 percent).
2021-02-11
Greece Jobless Rate Unchanged at 16.7%
The seasonally adjusted unemployment rate in Greece was unchanged at 16.7 percent in October of 2020, the same as an upwardly revised 16.7 percent in September. The number of unemployed persons increased by 39 thousand to 786 thousand and employed rose by 44.3 thousand to 3.925 million. The age group 15-24 (35 percent) remains the most affected by unemployment. Across the country's regions, the highest rates were recorded in Epirus-Western Macedonia (22.2 percent) and Aegean Islands (20.6 percent).
2021-01-15
Greek September Jobless Rate Falls to 5-Month Low
The seasonally adjusted unemployment rate in Greece decreased to 16.1 percent in September of 2020 from a downwardly revised 6.5 percent in the previous month, the lowest since April. The number of unemployed persons fell by 9,645 from August, or 1.3 percent to 747 thousand while employed rose by 47,423, or 1.2 percent to 3.881 million. The age group 15-24 (33 percent) remains the most affected by unemployment. Across the country's regions, the highest rates were recorded in Epirus-Western Macedonia (19.3 percent), Crete (19 percent) and Macedonia-Thrace (17.5 percent).
2020-12-10

Greece Unemployment Rate
In Greece, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.