Interest Rate in Greece

Greece Interest Rate | Economic News & Forecasts

Greece - Interest Rate

After GDP growth rebounded firmly in Q2, the economy likely expanded at a softer, albeit still-strong, pace in the third quarter: Industrial output growth came in below Q2’s average in monthly terms in July–September, hinting at waning private sector activity. Conversely, a notable drop in the unemployment rate in the quarter will have boosted household spending. Meanwhile, although the tourism sector remained below pre-pandemic levels, upbeat tourist arrivals in September continued to buoy the external sector, according to secondary data. Moving on to Q4, a near 10-year high inflation rate in October has likely capped private consumption growth. Lastly, following a record number of new Covid-19 infections recently, authorities imposed restrictions on the unvaccinated population starting from late November, barring them from a number of indoor activities.

Greece - Interest Rate Data

2015   2016   2017   2018   2019  
Policy Interest Rate (%)-     -     -     -     -     

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Greece Interest Rate Chart


Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Greece Facts

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

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