Greece GDP Growth Rate 1995-2015 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Greece contracted 0.20 percent in the first quarter of 2015 over the previous quarter. GDP Growth Rate in Greece averaged 0.23 percent from 1995 until 2015, reaching an all time high of 3.30 percent in the first quarter of 2006 and a record low of -4.70 percent in the first quarter of 2009. GDP Growth Rate in Greece is reported by the National Statistical Service of Greece.

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Greece GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.40 3.30 -4.70 1995 - 2015 percent Quarterly
Greece has a service based economy and is one of the top tourist destinations in the world. Following the entry to the European Union in 1980 and the Euro Area in 2000, the Greek economy had been recording high rates of growth. Yet, as this expansion had been fuelled mainly by the access to cheap credit and growth of public sector, in 2008 the budget deficit and sovereign debt had reached unsustainable levels. As a result, Greece faces the worst crisis since 1974 and tough reforms enforced by the IMF and the European Commission as part of the bailout programme are taking place. This page provides - Greece GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Greece GDP Growth Rate - was last refreshed on Tuesday, June 30, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-02-27 10:30 AM Q4 -0.4% 0.7% -0.2% -0.2%
2015-05-13 10:00 AM Q1 -0.2% -0.4% -0.5% -0.2%
2015-05-29 10:00 AM Q1 -0.2% -0.4% -0.2%
2015-08-13 10:00 AM Q2 -0.2% -0.42%
2015-08-28 10:00 AM Q2 -0.2%
2015-11-13 10:00 AM Q3 -0.25%

Greece GDP Last Previous Highest Lowest Unit
GDP 241.72 248.42 341.60 4.40 USD Billion [+]
GDP Growth Rate -0.20 -0.40 3.30 -4.70 percent [+]
GDP Annual Growth Rate 0.20 1.20 7.50 -10.40 percent [+]
GDP Constant Prices 43335.70 46644.60 65167.70 36355.30 EUR Million [+]
GDP per capita 18146.26 18771.03 23493.23 5359.64 USD [+]
Gross Fixed Capital Formation 5714.00 6174.20 16615.00 4984.20 EUR Million [+]
GDP per capita PPP 24389.12 25228.83 31575.61 20500.42 USD [+]


GDP Growth Rate Reference Previous Highest Lowest Unit
Australia 0.90 Mar/15 0.50 4.50 -2.00 percent [+]
Brazil -0.20 Mar/15 0.30 4.50 -4.20 percent [+]
Canada -0.10 Mar/15 0.60 3.33 -1.80 percent [+]
China 1.30 Mar/15 1.50 2.50 1.30 percent [+]
Euro Area 0.40 Mar/15 0.40 1.30 -2.90 percent [+]
France 0.60 Mar/15 0.10 7.70 -5.00 percent [+]
Germany 0.30 Mar/15 0.70 2.10 -3.70 percent [+]
India 4.10 Mar/15 3.10 7.40 -3.40 percent [+]
Indonesia -0.18 Mar/15 -2.06 3.83 -3.57 percent [+]
Italy 0.30 Mar/15 0.00 6.00 -3.50 percent [+]
Japan 1.00 Mar/15 0.30 3.20 -4.00 percent [+]
Mexico 0.40 Mar/15 0.70 2.90 -6.60 percent [+]
Netherlands 0.60 Mar/15 0.90 2.00 -2.20 percent [+]
Russia -1.29 Mar/15 -0.55 4.10 -5.40 percent [+]
South Korea 0.80 Mar/15 0.30 6.80 -7.00 percent [+]
Spain 1.00 Jun/15 0.90 1.53 -1.60 percent [+]
Switzerland -0.20 Mar/15 0.50 1.90 -2.20 percent [+]
Turkey 1.30 Mar/15 0.80 6.69 -7.57 percent [+]
United Kingdom 0.40 Mar/15 0.80 5.00 -2.70 percent [+]
United States -0.20 Mar/15 2.20 16.90 -10.00 percent [+]