Latest reading: Industrial production declined 1.2% in seasonally adjusted month-on-month terms in August, following a 0.5% increase in the previous...
Industrial Production in Greece
The Greek economy recorded an average industrial production growth rate of 2.2% in the decade to 2024. In 2024, industrial production growth was 5.2%. For more industry information, visit our dedicated page.
Greece Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Greece from 2025 to 2024.
Source: Macrobond.
Greece Industry Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -2.0 | 10.1 | 2.4 | 2.3 | 5.2 |
Industrial production contracts in August
Latest reading: Industrial production declined 4.1% on a seasonally adjusted month-on-month basis in August, following a 0.4% rise in the prior month. Relative to the prior month's data, readings in August softened for manufacturing (-3.8% on a seasonally adjusted month-on-month basis vs +0.5% in July), electricity supply (-9.7% vs -1.2% in July) and water supply (-2.1% vs -0.4% in July). In contrast, the reading for mining and quarrying improved in August (-1.1% vs -4.2% in July). On a working day adjusted year-on-year basis, industrial production was down 2.9% in August, following a 0.5% fall in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Greek industry projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Greek industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Greek industry projections.
Want to get access to the full dataset of Greek industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Euro Area: Industrial production shrinks in August -
Latvia: Industrial production loses momentum in August Latest reading: Industrial production was up 2.5% in annual terms in August, following a 9.8% rise in the prior month.... -
Greece: Industrial production contracts in August Latest reading: Industrial production declined 4.1% on a seasonally adjusted month-on-month basis in August, following a 0.4% rise in the... -
Turkey: Industrial production returns to growth in August Latest reading: Industrial production rose 0.5% in seasonally adjusted month-on-month terms in August, following a 1.7% fall in the prior... -
Netherlands: Industrial production returns to growth in August Latest reading: Industrial production was up 2.2% in working-day and seasonally adjusted month-on-month terms in August, following a 1.6% drop... -
Netherlands: Industrial production returns to growth in August Latest reading: Industrial production was up 2.2% in working-day and seasonally adjusted month-on-month terms in August, following a 1.6% drop... -
Sweden: Industrial production recovers in August Latest reading: Industrial production—excluding energy— increased 5.3% on a calendar and seasonally adjusted month-on-month basis in August, following a 6.9%...