Greece Unemployment Rate  1998-2017 | Data | Chart | Calendar | Forecast

The Greek seasonally adjusted unemployment rate came in at 23 percent in November 2016, unchanged from October's four-and-a-half year low and down from 24.5 percent in November 2015. The number of unemployed decreased by 0.2 percent from the previous month while employment nearly unchanged. Unemployment Rate in Greece averaged 15.62 percent from 1998 until 2016, reaching an all time high of 27.90 percent in July of 2013 and a record low of 7.30 percent in May of 2008.

Greece Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-08 10:00 AM Sep 23.1% 23.3% 23.4%
2017-01-12 10:00 AM Oct 23.0% 23.1% 23%
2017-02-09 10:00 AM Nov 23.0% 23.0% 22.9%
2017-03-09 10:00 AM Dec 22.8%
2017-04-06 09:00 AM Jan 22.7%
2017-05-11 09:00 AM Feb 22.6%




Greek Unemployment Rate Unchanged At 23% In November


The Greek seasonally adjusted unemployment rate came in at 23 percent in November 2016, unchanged from October's four-and-a-half year low and down from 24.5 percent in November 2015. The number of unemployed decreased by 0.2 percent from the previous month while employment nearly unchanged.

Compared with the previous month, the number of unemployed decreased by 0.2 percent to 1.10 million while the number of employed was almost unchanged at 3.68 million. The number of inactive persons edged up 0.1 percent to 3.25 million.

A year earlier, the unemployment rate was recorded at 24.5 percent. The number of unemployed persons fell by 6.5 percent while employment rose by 1.4 percent. The number of inactive persons declined by 0.2 percent.

Unemployment contninued to affect mainly people aged 15 to 24, as 45.7 percent of young active population was unemployed, a decrease of 3.2 percentage points from the same month in the previous year. While the majority of age groups recorded a lower jobless rate when compared to a year earlier, the unemployment rate among people aged 55 to 64 and 65 to 74 rose further to 19.3 percent and 12.4 percent, respectively.

The unemployment rate for males decreased by 1.7 percentage points to 19.4 percent in November and for females it was down by 1.2 percentage points to 27.5 percent.

Among regions, the highest unemployment rates were reported for Epirus-Western Macedonia (27.2 percent) and Macedonia-Thrace (24.4 percent), while Aegean Islands recorded the lowest rate (15.8 percent).

ELSTAT | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/9/2017 10:20:34 AM



Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 23.00 23.00 27.90 7.30 percent [+]
Employed Persons 3629.96 3694.70 4658.20 3438.10 Thousand [+]
Unemployed Persons 1131.15 1068.40 1384.90 335.60 Thousand [+]
Part Time Employment 361.90 364.30 364.30 158.68 Thousand [+]
Full Time Employment 3374.80 3338.30 4383.59 3153.50 Thousand [+]
Employment Rate 76.24 77.57 93.28 71.29 percent [+]
Long Term Unemployment Rate 16.70 16.70 19.90 3.60 percent [+]
Youth Unemployment Rate 45.70 44.20 60.00 20.10 percent [+]
Labour Costs 79.70 87.60 107.40 48.50 Index Points [+]
Job Vacancies 15689.00 15178.00 51613.00 3119.00 [+]
Minimum Wages 683.76 683.76 876.62 522.00 EUR/Month [+]
Population 10.78 10.86 11.12 8.30 Million [+]
Retirement Age Women 67.00 67.00 67.00 57.00 [+]
Retirement Age Men 67.00 67.00 67.00 57.00 [+]
Employment Change 0.20 0.60 3.50 -2.70 percent [+]
Wages 1092.01 1125.60 1462.20 939.14 EUR/Month [+]
Wages High Skilled 1370.00 1410.00 1480.00 1370.00 EUR/Month [+]
Wages Low Skilled 786.00 834.00 834.00 786.00 EUR/Month [+]
Productivity 99.50 93.20 108.10 70.90 Index Points [+]
Labor Force Participation Rate 52.40 52.20 53.70 51.00 percent [+]
Living Wage Family 623.00 615.00 1260.00 601.20 EUR/Month [+]
Living Wage Individual 515.00 515.00 527.00 515.00 EUR/Month [+]



Greece Unemployment Rate Notes

In Greece, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
23.00 23.00 27.90 7.30 1998 - 2016 percent Monthly



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Yemen 29.00 Dec/11
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Senegal 13.40 Dec/15
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Rwanda 13.20 Feb/16
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Mauritania 12.85 Dec/14
Iran 12.70 Sep/16
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Turkey 12.10 Nov/16
Brazil 12.00 Dec/16
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South Sudan 12.00 Dec/08
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Slovenia 10.80 Dec/16
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Finland 9.20 Jan/17
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Suriname 8.90 Dec/15
Colombia 8.70 Dec/16
Lithuania 8.70 Jan/17
Mongolia 8.60 Dec/16
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Argentina 8.50 Sep/16
European Union 8.20 Dec/16
Mali 8.20 Dec/14
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Belgium 7.60 Dec/16
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Mauritius 7.60 Sep/16
Bolivia 7.40 Dec/13
Honduras 7.30 Dec/15
Sweden 7.30 Jan/17
Venezuela 7.30 Apr/16
Oman 7.20 Dec/14
Peru 7.20 Jan/17
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/14
Brunei 6.90 Dec/14
Paraguay 6.90 Sep/16
Togo 6.90 Dec/13
Canada 6.80 Jan/17
Haiti 6.80 Dec/14
Ireland 6.80 Jan/17
Nicaragua 6.80 Dec/14
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Estonia 6.60 Dec/16
Malawi 6.60 Dec/13
Lebanon 6.40 Dec/14
Luxembourg 6.20 Jan/17
Chile 6.10 Dec/16
Pakistan 5.90 Dec/15
Australia 5.70 Jan/17
Saudi Arabia 5.70 Sep/16
Indonesia 5.61 Sep/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Panama 5.60 Dec/16
Russia 5.60 Jan/17
Romania 5.50 Dec/16
Czech Republic 5.30 Jan/17
Ivory Coast 5.30 Dec/13
Netherlands 5.30 Jan/17
Ecuador 5.20 Dec/16
Ghana 5.20 Dec/13
New Zealand 5.20 Dec/16
Azerbaijan 5.00 Dec/15
India 4.90 Dec/13
Kazakhstan 4.90 Jan/17
Malta 4.80 Sep/16
United Kingdom 4.80 Dec/16
United States 4.80 Jan/17
Philippines 4.70 Dec/16
Sri Lanka 4.50 Sep/16
Hungary 4.40 Dec/16
Norway 4.40 Dec/16
Trinidad and Tobago 4.40 Jun/16
Bangladesh 4.30 Dec/14
Denmark 4.30 Dec/16
Israel 4.30 Jan/17
Seychelles 4.20 Dec/15
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
China 4.02 Dec/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
Germany 3.90 Dec/16
Taiwan 3.84 Jan/17
Liberia 3.80 Dec/14
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
Switzerland 3.70 Jan/17
Iceland 3.60 Jan/17
South Korea 3.60 Jan/17
Malaysia 3.50 Dec/16
Mexico 3.40 Dec/16
Hong Kong 3.30 Jan/17
Sierra Leone 3.30 Dec/14
Guatemala 3.10 Jun/16
Japan 3.10 Dec/16
Nepal 3.00 Dec/14
Moldova 2.90 Sep/16
Bhutan 2.50 Dec/16
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Tajikistan 2.40 Nov/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Dec/16
Singapore 2.20 Dec/16
Vietnam 2.14 Sep/16
Macau 1.90 Dec/16
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Thailand 1.20 Jan/17
Benin 1.00 Dec/13
Belarus 0.90 Feb/17
Cambodia 0.50 Dec/15
Qatar 0.20 Sep/16