GDP

The European Commission revised its forecasts for the Greek economy downwards on Monday, envisaging a GDP growth of 3.5 percent in 2022 and 3.1 percent in 2023 (from 4.9 percent and 3.5 percent respectively in its winter forecasts made...

Eurostat reported on Tuesday that Greece had the largest gross domestic product (GDP) growth rate in the third quarter of 2021 in the entire Eurozone. The statistics agency said that Greece's GDP increased a staggering 13.7% in the third quarter...

Greece’s economy performed much better than expected in the second quarter of the year, with gross domestic product rising by 3.4 percent against the first three months of 2021 and jumping 16.4 percent from April-June 2020, provisional data published...

  Industrial production in Greece fell by less than the average decline in the Eurozone, Eurostat said in a report on Tuesday. Production worldwide has greatly slowed down in recent months due to the coronavirus pandemic and its related shutdowns. However,...

Greece is the country that spends the highest amount of money in NATO for its defense as a percentage of its GDP, after only the United States, official data recently revealed. According to the available data from NATO, only five...

The Gross Domestic Product (GDP) of the island nation of Cyprus is expected to grow by 3.3 percent in 2019, the European Commission said on Thursday. The commission predicted this rosy outlook on the basis of new data which...

According to the final figures for 2017 released by Greece’s Statistics Authority (ELSTAT), Greek GDP increased by €3.75 billion ($4.20 billion). This increase is attributed to economic growth in Greece during 2017. Specifically, the Greek GDP rose from €176.48 billion...

  As reports from Germany on Thursday appeared to link proposed Greek debt relief with growth rates, a think tank in Athens claimed the economy would again improve in 2018. Data from the Foundation of Economic and Industrial Research (IOBE) predicted 2.1 percent...

New data has revealed that Greece's economy grew again last October-December, a fourth consecutive period of quarter-on-quarter growth. ELSTAT, Greece's official statistics agency, said on Monday that GDP went up 0.1 percent in Q4 2017, but the speed of growth...

Greeks are at the lowest levels in the EU in regards to gross domestic product (GDP) per capita and purchasing power standard (PPS), according to Eurostat. The 2016 figures from the European statistical authority also show that Epirus and Thrace...