Latest reading: Industrial production rose 3.4% in annual terms in April, following a 6.4% rise in the previous month. Relative...
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 2014 to 2025.
Source: Macrobond.
Greece Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | -5.1 | 2.5 | 1.9 | 5.4 | 2.2 |
Industrial production recovers in March
Latest reading: Industrial production rose 1.1% on a seasonally adjusted month-on-month basis in March, following a 0.5% decline in the prior month. Relative to the prior month's data, the reading for electricity supply improved in March (+7.5% in seasonally adjusted month-on-month terms vs -6.0% in February). In contrast, readings softened for manufacturing (+0.7% vs +1.5% in February), water supply (0.0% vs +0.6% in February) and mining and quarrying (-2.2% vs +11.5% in February). In working-day adjusted year-on-year terms, industrial production was up 8.3% in March, following a 2.3% increase 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 8 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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