Exports in Greece

Greece Exports | Economic News & Forecasts

Greece - Exports

The economy has slowed further this year, after sluggish consumption growth underpinned a deceleration in activity in Q4 2021. In Q1 2022, industrial production growth slumped in January–February, while retail sales growth nearly halved in the same period, hinting at cooling private spending, even as the unemployment rate fell markedly when compared to the same period in 2021. Moreover, the manufacturing PMI dipped to an 11-month low in March, suggesting private sector conditions softened further at the tail-end of the quarter. The slowdown seemingly carried over into Q2, as reflected in deteriorating business and consumer confidence in April, with soaring inflation due to the war in Ukraine likely hindering domestic demand. More positively, on 22 April, S&P Global Ratings upgraded Greece’s credit rating from ‘BB’ to ‘BB+’ with a stable outlook, boding well for the investment climate.

Greece - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)27.5  27.2  31.6  38.2  36.3  

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Greece Exports Chart

Greece Exports
Note: Exports (in EUR bn).
Source: National Statistical Service and FocusEconomics calculations.

Greece Facts

Value Change Date
Bond Yield1.910.76 %Jan 01
Exchange Rate1.120.65 %Dec 31

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