Report for Selected Countries and Subjects: April 2020
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Gross domestic product per capita, constant prices
Purchasing power parity; percent change
2.191
2.028
-9.821
5.333
Greece
Unemployment rate
Percent of total labor force
19.300
17.300
22.328
18.987
Greece
General government net lending/borrowing
Percent of GDP
0.868
0.390
-8.974
-7.907
Greece
Current account balance
Percent of GDP
-3.475
-2.107
-6.498
-3.386
Country
Subject Descriptor
Units
Scale
Country/Series-specific Notes
2018
2019
2020
2021
Estimates Start After
Greece
Gross domestic product, constant prices
Percent change
Source: National Statistics Office. Formally, the National Statistical Office (ELSTAT)
Latest actual data: 2019. For quarterly data, latest actual is 2019Q4.
Notes: The National Statistical Office has significantly and repeatedly revised national accounts data over the course of the past several years. Official data are only available from 1995. Data prior to 1995 came from European Commission Macro Forecasts (AMECO database).
National accounts manual used: European System of Accounts (ESA) 2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: Yes, from 1995
1.934
1.870
-10.040
5.064
2019
Greece
Gross domestic product per capita, constant prices
Purchasing power parity; percent change
Source: National Statistics Office. Formally, the National Statistical Office (ELSTAT)
Latest actual data: 2019. For quarterly data, latest actual is 2019Q4.
Notes: The National Statistical Office has significantly and repeatedly revised national accounts data over the course of the past several years. Official data are only available from 1995. Data prior to 1995 came from European Commission Macro Forecasts (AMECO database).
National accounts manual used: European System of Accounts (ESA) 2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: Yes, from 1995
2.191
2.028
-9.821
5.333
2019
Greece
Unemployment rate
Percent of total labor force
Source: National Statistics Office. Formally, the National Statistical Office (ELSTAT)
Latest actual data: 2019. For quarterly data, latest actual is 2019Q4.
Notes: The historical data source for unit labor costs in manufacturing is eurostat.
Employment type: National definition
Primary domestic currency: Euro
Data last updated: 04/2020
19.300
17.300
22.328
18.987
2019
Greece
General government net lending/borrowing
Percent of GDP
Source: National Statistics Office
Latest actual data: 2018
Fiscal assumptions: Greece’s general government primary balance estimate for 2019 is based on the preliminary budget execution data by the Greek authorities. Historical data since 2010 reflect adjustments in line with the primary balance definition under the enhanced surveillance framework for Greece.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2014
Basis of recording: Accrual. Data in line with ESA-2010.
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value. General debt data, including historical data, are provisional and subject to revisions.
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
0.868
0.390
-8.974
-7.907
2018
Greece
Current account balance
Percent of GDP
Source: Central Bank. Formally, the Bank of Greece.
Latest actual data: 2019
Notes: The current account balance/primary income are revised by staff to include the deferred interest payments.
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
-3.475
-2.107
-6.498
-3.386
2019
International Monetary Fund, World Economic Outlook Database April 2020