World Economic Outlook Database, April 2015

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5. Report for Selected Countries and Subjects

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       Shaded cells indicate IMF staff estimates
CountrySubject DescriptorUnitsScaleCountry/Series-specific Notes2008200920102011201220132014
GreeceGross domestic product, current pricesNational currencyBillionsSource: National Statistical Office. Formally, the National Statistical Office (ELSTAT)
Latest actual data: 2014. For quarterly data, latest actual is 2014Q4.
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. Staff has estimated data prior to 1995 using growth rates from previous releases of the World Economic Outlook. Therefore, these estimates should be treated as provisional.
National accounts manual used: ESA-2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: Yes, from 1995
Primary domestic currency: Euro
Data last updated: 03/2015242,096237,431226,210207,752194,204182,438179,081
GreeceVolume of imports of goods and servicesPercent change Source: National Statistical Office. Formally, the National Statistics Office (ELSTAT). Based on customs data.
Latest actual data: 2014
Base year: 2005
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Includes all transactions settled through the domestic banking system.
Oil coverage: Primary or unrefined products;Secondary or refined products;. Most imports are unrefined while most exports are refined.
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Euro
Data last updated: 03/20152,557-19,634-5,486-9,041-14,421-4,6558,842
GreeceVolume of exports of goods and servicesPercent change Source: National Statistical Office. Formally, the National Statistics Office (ELSTAT). Based on customs data.
Latest actual data: 2014
Base year: 2005
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Includes all transactions settled through the domestic banking system.
Oil coverage: Primary or unrefined products;Secondary or refined products;. Most imports are unrefined while most exports are refined.
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Euro
Data last updated: 03/20153,499-18,4664,6320,000-0,2502,8258,844
GreeceGeneral government revenueNational currencyBillionsSource: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/201598,34491,95292,73890,60286,53482,04078,076
GreeceGeneral government total expenditureNational currencyBillionsSource: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015122,324128,150117,774111,63398,80887,17182,915
GreeceGeneral government net lending/borrowingNational currencyBillionsSource: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015-23,980-36,198-25,036-21,031-12,274-5,131-4,839
GreeceGeneral government net lending/borrowingPercent of GDP See notes for: 
General government net lending/borrowing (National currency).-9,905-15,246-11,068-10,123-6,320-2,812-2,702
GreeceGeneral government primary net lending/borrowingNational currencyBillionsSource: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015-12,043-24,281-11,800-5,965-2,5322,1402,686
GreeceGeneral government gross debtNational currencyBillionsSource: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015263,284299,685329,515355,172303,918319,172317,309
GreeceGeneral government gross debtPercent of GDP See notes for: 
General government gross debt (National currency).108,752126,220145,668170,960156,494174,948177,188
GreeceCurrent account balancePercent of GDP See notes for: 
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).-14,469-10,888-10,105-9,897-2,4730,5820,925
Notes
  Country/Series-specific Notes  
  Greece: Gross domestic product, current prices (National currency)
Source: National Statistical Office. Formally, the National Statistical Office (ELSTAT)
Latest actual data: 2014. For quarterly data, latest actual is 2014Q4.
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. Staff has estimated data prior to 1995 using growth rates from previous releases of the World Economic Outlook. Therefore, these estimates should be treated as provisional.
National accounts manual used: ESA-2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010
Chain-weighted: Yes, from 1995
Primary domestic currency: Euro
Data last updated: 03/2015


Greece: Volume of imports of goods and services (Percent change)
Source: National Statistical Office. Formally, the National Statistics Office (ELSTAT). Based on customs data.
Latest actual data: 2014
Base year: 2005
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Includes all transactions settled through the domestic banking system.
Oil coverage: Primary or unrefined products;Secondary or refined products;. Most imports are unrefined while most exports are refined.
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Euro
Data last updated: 03/2015


Greece: Volume of exports of goods and services (Percent change)
Source: National Statistical Office. Formally, the National Statistics Office (ELSTAT). Based on customs data.
Latest actual data: 2014
Base year: 2005
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Excluded items in trade: Includes all transactions settled through the domestic banking system.
Oil coverage: Primary or unrefined products;Secondary or refined products;. Most imports are unrefined while most exports are refined.
Valuation of exports: Free on board (FOB)
Valuation of imports: Free on board (FOB)
Primary domestic currency: Euro
Data last updated: 03/2015


Greece: General government revenue (National currency)
Source: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015


Greece: General government total expenditure (National currency)
Source: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015


Greece: General government net lending/borrowing (National currency)
Source: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015


Greece: General government net lending/borrowing (Percent of GDP)
See notes for:
General government net lending/borrowing (National currency).


Greece: General government primary net lending/borrowing (National currency)
Source: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015


Greece: General government gross debt (National currency)
Source: Ministry of Finance
Latest actual data: 2013. 2013 data are preliminary.
Fiscal assumptions: Fiscal projections for 2014 and the medium term are consistent with the policies needed to achieve the fiscal targets underlying the program supported by the Extended Fund Facility as agreed under the Fifth Review of the program.
Start/end months of reporting year: January/December
GFS Manual used: 1986
Basis of recording: Noncash (accrual). Data from 2006 onwards in line with ESA-2010. Data prior to 2006 based on ESA-95.
General government includes: Central Government;Local Government;Social Security Funds;
Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Gross debt decreases due to privatization receipts greater than the fiscal deficit.
Primary domestic currency: Euro
Data last updated: 03/2015


Greece: General government gross debt (Percent of GDP)
See notes for:
General government gross debt (National currency).


Greece: Current account balance (Percent of GDP)
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).


 
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