Population in Greece
Greece - Population
Following consistent criticism over the reliability of its data, the Hellenic Statistical Authority (ELSTAT) has ceased issuing flash GDP estimates as it reviews ways to improve the quality of its releases. However, incoming monthly data suggests that the economy likely grew again in Q2, albeit at a weak pace. While the labor market is slowly improving, austerity measures and high unemployment are weighing on household consumption. Other indicators point to an uneven performance in recent months: Industrial production growth slowed in June, but exports expanded at a double-digit pace. On a positive note, Fitch Ratings raised Greece’s credit rating from CCC to B- on the back of reduced political risks and continuing GDP growth in August.Greece - Population Data
| 2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|
| Population (million) | 11.1 | 11.0 | 10.9 | 10.9 | 10.9 |
Greece Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 5.39 | 0.60 % | Sep 21 |
| Exchange Rate | 1.19 | -0.61 % | Sep 21 |
| Stock Market | 766 | 1.06 % | Sep 21 |
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Economic News
Greece: Industrial production growth inches down in July
September 8, 2017
Industrial production expanded a working-day-adjusted 1.7% in July compared to the same month of last year, which was a notch below June’s revised 1.8% growth (previously reported: +1.6% year-on-year).
Greece: Unemployment rate edges down in June
September 7, 2017
The number of unemployed fell by 13,900 in June compared with a decrease of 8,000 in May, according to the Hellenic Statistical Authority (EL.STAT).
Greece: PMI records best reading since August 2008
September 1, 2017
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) climbed in August, suggesting the fastest rate of growth in the manufacturing sector in nine years.
Greece: Recovery continues at modest pace in Q2
September 1, 2017
A provisional dataset released on 1 September by the Hellenic Statistical Authority (EL.STAT) revealed that the economy performed slightly better than projected in the second quarter, as the expected slowdown in activity failed to come to fruition.
Greece: Unemployment rate inches down in May
August 10, 2017
The number of unemployed fell by 5,490 in May compared with a decrease of 13,000 in April, according to the Hellenic Statistical Authority (EL.STAT). The unemployment rate inched down from April’s revised 21.8% (previously reported: 21.7%) to 21.7%, a multi-year low.
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