Greek Economy 23-9-2011

EHNIKH HMOKPATIA
E TATITIKH
HELLENIC REPUBLIC
HELLENIC STATISTICAL AUTHORITY

THE GREEK ECONOMY
23
2011
23 September

.
, ,
, , .
, , ,
().
,
(. 213 1352022, email: data.dissem@statistics.gr).
.
FOREWORD
The Greek Economy publication aims to provide the latest key economic information on Greece in a clear and comprehensive manner. Written in both the
greek and english languages, it is designed for users of statistics who seek updated information on recent economic developments, as well as long-term economic trends. It provides information on major economic indicators and time
series compiled mostly by the Hellenic Statistical Authority (ELSTAT).
For further information on the data and statistics provided in The Greek Economy,
please contact the Division of Statistical Information and Publications of ELSTAT
(tel: +30 213 1352022, e-mail: data.dissem@statistics.gr).
We welcome any suggestions on the content of the publication.
Andreas V. Georgiou
President of ELSTAT
- CONTENTS
Page
1. , 2001 - 2010
2. ,
2000 - 2010
3.
2000, 2001 - 2010
4. ,
, 2001 - 2010
5. ,
, 2008 - 2011
6.
2000, , 2008 - 2011
7. ,
, , 2008 - 2011
8. , 2000 - 2010
9. ,
, 2009 - 2011
10. , 2000 - 2011
11. 15 , , , 2005 - 2011
12. ,
- 15 - 29 , 2000 - 2011
13. 15 ,
, 2000 - 2011
14. ,
2001 - 2011
15. ,
, 2008 - 2011
16. , 2001 - 2011
17. ,
, 2008 - 2011
18. , 2008 - 2011
19. , . ,
2008 - 2011
20. , 2004 - 2010
21. , , 2008 - 2011
22. - , - ,
/, , 2004 - 2010
23. - , - ,
/, , 2004 - 2010
24. - , - ,
/, , , 2008 - 2011
25. - , - ,
/, , , 2008 - 2011
26. (NXI), 2005 - 2011
8
10
Table 1. Selected conomic ndicators, 2001 - 2010

Table 2. Gross Domestic Product at current prices, 2000 - 2010
12
Table 3. Gross Domestic Product at constant prices of 2000,

2001 - 2010
Table 4. Gross Domestic Product, annual volume changes,
2001 - 2010
Table 5. Gross Domestic Product at current prices, quarterly
data, 2008 - 2011
Table 6. Gross Domestic Product at constant prices of 2000,
quarterly data, 2008 - 2011
Table 7. Gross Domestic Product, annual volume changes,
quarterly data, 2008 - 2011
Table 8. Main Aggregates of General Government, 2000 - 2010
Table 9. Main Aggregates of General Government, quarterly
data, 2009 - 2011
Table 10. General Government debt, 2009 - 2011
Table 11. Population aged 15 years and over, by employment
status, quarterly data, 2005 - 2011
Table 12. Unemployment rate for total population, males - females and for persons aged 15 - 29 years, 2000 - 2011
Table 13. Employed persons aged 15 years and over, by branch
of economic activity, 2000 - 2011
Table 14. Labour Cost for the entire economy, 2001 - 2011
14
16
18
20
22
26
30
32
34
34
36
36
38
38
40
42
44
46
48
50
52
54
56
Table 15. Labour Cost for the entire economy, quarterly data,
2008 - 2011
Table 16. Labour Cost in manufacturing, 2001 - 2011
Table 17. Labour Cost in manufacturing, quarterly data, 2008 2011
Table 18. Indices of economic activity, 2008 - 2010
Table 19. CPI, HICP and Core Ination, 2008 - 2011
Table 20. External trade balance, 2004 - 2010
Table 21. External trade balance, quarterly data, 2008 - 2011
Table 22. Imports - arrivals, exports - dispatches, by area of
origin/destination, including oil products, 2004 - 2010
origin/destination, excluding oil products, 2004 - 2010
origin/destination, including oil products, quarterly data,
2008 - 2011
origin/destination, excluding oil products, quarterly data,
2008 - 2011
Table 26. Aggregated balance sheet of Monetary Financial Institutions (MFIs), 2005 - 2011
1. : , 2001 - 2010
2001
(% , )

2000
()

()

( )

(1) ( 12)
. (2) ( 12)
(3)(4) ( 12)
-
( )
( K)(5)

4.2
4.6
5.0
0.7
4.8
-0.4
0.0
1.2
3.1
146.4
7.4
3.4
3.7
3.3
2.7
10.8
Table 1. GREECE: SELECTED ECONOMIC INDICATORS, 2001 - 2010

2002
3.4
5.0
4.7
7.2
9.5
-1.6
-8.4
-1.3
3.4
156.6
7.0
3.6
3.9
3.4
12.2
10.3
2003
5.9
6.4
3.3
-0.9
11.8
-0.4
2.9
3.0
3.9
172.4
10.1
3.5
3.4
3.1
6.7
9.7
2004
4.4
2.8
3.8
3.5
0.4
1.8
17.3
5.7
2.9
185.3
7.4
2.9
3.0
3.1
4.3
10.5
2005
2.3
1.2
4.5
1.1
-6.3
1.1
2.5
-1.5
2.8
194.8
5.2
3.5
3.5
3.3
-2.0
9.9
5.2
7.0
5.2
8.8
10.6
-1.8
5.3
9.7
3.1
211.3
8.5
3.2
3.3
2.2
-1.4
8.9
2007
4.3
6.2
2.8
8.2
5.5
-1.9
5.8
9.9
3.1
227.1
7.5
2.9
3.0
2.7
5.3
8.3
2008
1.0
1.5
3.2
1.5
-7.5
-0.5
4.0
4.0
3.3
236.9
4.3
4.2
4.2
2.9
4.5
7.6
2009
-2.0
-4.1
-2.2
10.3
-11.2
2.0
-20.1
-18.6
1.3
235.0
-0.8
1.2
1.3
2.4
0.3
9.5
2010
-4.5
-6.6
-4.5
-6.5
-16.5
2.2
3.8
-4.9
2.5
230.2
-2.1
4.7
4.7
2.7
0.3
12.5
(% change, unless otherwise indicated)

Domestic economy
GDP at constant prices of 2000
Total domestic demand (contribution)
Private consumption
Public consumption
Gross xed capital formation
Foreign balance (contribution)
Exports of goods and services
Imports of goods and services
GDP deator
GDP at current prices (billion )
GDP at current prices
CPI(1) (annual average)
HICP(2) (annual average)
Core ination(3)(4) (annual average)
Labour Cost Index - Entire economy
Unemployment (annual average rate)
(% )
(4)

(% , )
(4)
(6)
(7)
(4)

(
)
40.9
45.3
38.8
-4.4
2.0
103.7
40.3
45.1
39.5
-4.8
0.7
101.7
39.0
44.7
39.8
-5.7
-0.7
97.4
38.1
45.5
40.7
-7.4
-2.6
98.9
38.6
44.0
39.3
-5.3
-0.7
109.0
39.2
45.2
40.5
-6.0
-1.4
106.4
40.0
46.6
41.9
-6.7
-2.0
105.4
39.9
49.7
44.7
-9.8
-4.8
110.7
37.3
52.9
47.6
-15.6
-10.3
127.1
39.1
49.5
44.0
-10.4
-4.9
142.8
Public nance (General Government)(5)

Total revenues
Total expenditures
Primary expenditures
Overall balance
Primary balance
Gross debt
-7.2
-8.5
23.0
31.5
2.6
-1.4
-45.6
-6.5
-7.6
20.2
27.8
2.4
-1.3
-48.7
-6.5
-6.5
18.9
25.3
2.2
-2.3
-58.9
-5.8
-5.4
21.3
26.6
2.0
-2.4
-67.0
-7.6
-6.2
21.3
27.5
1.6
-2.9
-76.6
-11.2
-9.4
21.1
30.5
1.6
-3.4
-84.3
-14.4
-11.0
21.5
32.5
0.7
-4.1
-94.4
-14.7
-11.4
22.7
34.1
1.2
-4.5
-75.6
-11.0
-7.7
18.0
25.7
0.6
-3.8
-84.9
-10.5
-6.5
19.8
26.3
0.1
-4.0
-98.2
Balance of payments(4)
Current account balance
Trade balance
Current transfers
Net income receipts
Net international investement position
7.9
24.7
6.4
17.4
5.8
20.4
5.9
19.8
5.9
21.2
6.7
21.1
7.2
21.5
7.2
15.9
5.7
4.2
6.5
0.0
1.7
1.3
2.3
2.6
5.0
5.4
1.7
1.9
-1.0
-0.1
0.0
0.8
1.3
1.6
2.4
2.5
1.2
1.6
-2.8
-0.5
: , .
(1) : ().
(2) . : .
(3) : , , , .
(4) : .
(5) 2006 .
(6) , 1 . , .
(7) .
2006
(% of GDP)
(% change, unless otherwise indicated)

Interest rates and credit(4)
(6)
Lending rate
Credit to private sector(7)
Exchange rates(4)
Nominal eective exchange rate
Real eective exchange rate (CPI - based)
Source: ELSTAT, unless otherwise indicated.

(1) CPI: Consumer Price Index.
(2) HICP: Harmonized Index of Consumer Prices.
(3) Core nation: CPI excluding food, beverages, tobacco and energy.
(4) Source: Bank of Greece.
(5) From 2006 onwards, the decit and debt gures, reect also data of the Public Corporations that have been reclassied into the General Government sector.
(6) Loans to corporations, up to 1 year. Percentage at the end of December, excluding charges.
(7) Domestic credit growth to households and enterprises.
2. : , 2000 - 2010(1)
Table 2. GREECE: GROSS DOMESTIC PRODUCT AT CURRENT PRICES, 2000 - 2010(1)

( )
( )
( )
, ,
,

(2)
(2)

In mllion
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
216,062
95,680
120,382
7,933
25,224
231,102
102,134
128,969
8,260
27,587
249,131
110,015
139,115
8,184
27,114
268,157
113,854
154,303
8,448
29,371
286,851
120,311
166,540
8,172
31,184
301,306
126,683
174,624
8,403
33,444
324,940
138,204
186,735
6,989
36,234
348,962
148,929
200,033
6,877
37,541
365,694
156,032
209,662
6,575
37,989
350,626
140,021
210,605
6,620
37,456
338,056
134,857
203,199
6,627
36,371
PRODUCTION APPROACH
Output of goods and services (at basic prices)
Intermediate consumption (at purchasers' prices)
Gross value added (at basic prices)
Agriculture, hunting and forestry, shing
Industry, including energy and construction
87,225
18,518
2,619
93,121
19,526
2,067
103,818
20,262
2,762
116,484
20,784
2,656
127,184
21,590
2,864
132,777
22,758
2,563
143,512
25,622
1,058
155,615
28,084
1,043
165,098
28,447
1,192
166,529
25,649
1,237
160,201
28,112
1,138
Services
Taxes on products
Subsidies on products
122,899
98,627
97,354
1,274
24,271
31,778
29,450
2,328
154,676
33,882
52,277
-18,395
131,720
106,290
104,484
1,807
25,430
33,979
31,665
2,314
165,699
35,186
54,457
-19,271
142,895
114,238
112,432
1,806
28,656
34,937
35,211
-274
177,832
33,004
54,221
-21,218
151,367
121,937
120,037
1,900
29,430
42,205
40,165
2,040
193,572
34,509
55,649
-21,140
162,201
130,304
128,292
2,012
31,897
41,697
40,788
909
203,899
41,412
60,045
-18,633
173,978
140,753
138,789
1,964
33,225
38,471
38,873
-402
212,449
43,697
61,327
-17,630
190,518
153,155
150,213
2,942
37,363
43,078
44,173
-1,095
233,597
47,536
69,833
-22,297
204,532
162,702
159,736
2,966
41,830
49,657
47,536
2,121
254,189
51,441
78,556
-27,115
218,739
174,584
171,200
3,384
44,155
48,606
45,294
3,311
267,345
55,528
85,956
-30,428
222,388
172,648
169,228
3,420
49,740
37,845
40,159
-2,315
260,232
44,286
69,502
-25,216
216,141
172,751
169,208
3,542
43,391
33,504
33,844
-340
249,645
48,239
67,711
-19,472
EXPENDITURE APPROACH
Final consunmption expenditure
Households & PNPISH(2)
Households
PNPISH(2)
General Government
Gross capital formation
Changes in inventories
Domestic demand
External balance of goods and services
45,313
74,678
19,293
3,003
47,873
80,762
20,219
2,426
55,370
83,624
20,793
3,172
59,988
94,259
21,342
3,158
64,851
101,548
22,145
3,278
68,594
106,250
23,312
3,337
73,827
114,454
26,446
3,427
80,393
121,271
28,944
3,534
86,322
124,959
29,443
3,808
88,594
123,724
26,739
4,040
83,512
121,811
28,381
3,531
INCOME APPROACH
Compensation of emloyees
Gross operating surlplus / mixed income
Taxes on production and imports
Subsidies
136,281
146,428
156,615
172,431
185,266
194,819
211,300
227,074
236,917
235,017
230,173
GROSS DOMESTIC PRODUCT at market prices

/

E

: .
(1) 2004 - 2010: .
(2) .
10
Source: National Accounts Division ELSTAT.

(1) 2004 - 2010: Provisional data.
(2) Private Non-Prot Institutions Serving Households.
11
3. : 2000, 2001 - 2010(1)
Table 3. GREECE: GROSS DOMESTIC PRODUCT AT CONSTANT PRICES OF 2000, 2001 - 2010(1)
In mllion
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
224,922
100,244
124,678
7,836
27,415
236,837
107,047
129,812
7,540
25,069
246,240
107,957
138,168
6,876
26,861
255,946
110,562
145,173
7,609
27,556
259,529
110,637
148,603
7,591
28,735
271,948
117,394
154,287
6,745
29,967
282,687
121,952
160,456
6,219
30,681
284,227
120,930
162,982
6,845
29,115
273,959
112,952
160,714
7,482
27,774
256,631
103,890
152,363
8,402
25,338
PRODUCTION APPROACH
89,426
19,370
2,048
97,123
19,637
2,585
104,681
19,691
2,307
110,389
19,750
2,615
112,771
19,681
2,282
118,130
21,363
999
124,319
22,610
924
127,265
22,071
1,063
125,049
20,617
1,109
118,704
20,860
986
Services
Taxes on products

(2)
(2)

127,980
103,527
101,766
1,761
24,452
33,025
30,874
161,005
33,878
52,882
-19,004
134,663
108,438
106,780
1,658
26,218
33,442
33,799
168,105
31,034
52,219
-21,185
137,952
111,988
110,301
1,688
25,990
39,629
37,800
177,580
31,940
53,768
-21,827
143,158
116,283
114,553
1,732
26,904
38,687
37,934
181,845
37,470
56,814
-19,344
148,625
121,490
119,861
1,637
27,208
35,075
35,532
183,699
38,408
55,974
-17,566
157,387
127,831
125,440
2,376
29,591
38,178
39,284
195,565
40,457
61,384
-20,927
163,448
131,407
129,075
2,320
32,008
43,385
41,448
206,833
42,786
67,455
-24,669
168,123
135,626
133,062
2,547
32,488
41,236
38,337
209,360
44,503
70,146
-25,643
168,690
132,656
130,094
2,543
35,844
32,389
34,048
201,079
35,571
57,094
-21,524
160,394
126,737
124,200
2,516
33,513
28,420
28,423
188,813
36,937
54,325
-17,389
Households
PNPISH(2)
General Government
Domestic demand
142,001
146,885
155,615
162,412
166,116
174,697
182,173
184,036
180,274
172,217

( )
( )
( )
, ,
,
: .
(1) 2004 - 2010: .
(2) .
12

13
4. : , 2001 - 2010(1)
Table 4. GREECE: GROSS DOMESTIC PRODUCT, 2001 - 2010(1)
(%)
Annual volume changes (%)

2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
4.1
4.8
3.6
-1.2
8.7
5.3
6.8
4.1
-3.8
-8.5
4.0
0.9
6.4
-8.8
7.0
3.9
2.4
5.1
10.7
2.5
1.4
0.1
2.4
-0.2
4.6
4.8
6.1
3.8
-11.1
4.0
3.9
3.9
4.0
-7.8
2.2
0.5
-0.8
1.6
10.1
-4.2
-3.6
-6.6
-1.4
9.3
-3.4
-6.3
-8.0
-5.2
12.3
-9.5
2.5
4.6
-21.8
8.6
1.4
26.3
7.5
0.3
-10.8
5.3
0.3
13.3
2.0
-0.3
-12.7
4.7
8.5
-56.2
5.0
5.8
-7.5
2.6
-2.4
15.1
-1.4
-6.6
4.3
-4.9
1.2
-11.1
Services
Taxes on products

(2)

(3)

(3)
4.1
5.0
0.7
3.9
4.8
4.6
0.0
1.2
-0.4
5.2
4.7
7.2
1.3
9.5
5.0
-8.4
-1.3
-1.6
2.4
3.3
-0.9
18.5
11.8
6.4
2.9
3.0
-0.4
3.8
3.8
3.5
-2.4
0.4
2.8
17.3
5.7
1.8
3.8
4.5
1.1
-9.3
-6.3
1.2
2.5
-1.5
1.1
5.9
5.2
8.8
8.8
10.6
7.0
5.3
9.7
-1.8
3.9
2.8
8.2
13.6
5.5
6.2
5.8
9.9
-1.9
2.9
3.2
1.5
-5.0
-7.5
1.5
4.0
4.0
-0.5
0.3
-2.2
10.3
-21.5
-11.2
-4.1
-20.1
-18.6
2.0
-4.9
-4.5
-6.5
-12.3
-16.5
-6.6
3.8
-4.9
2.2
General Government
Domestic demand(3)
External balance of goods and services(3)
4.2
3.4
5.9
4.4
2.3
5.2
4.3
1.0
-2.0
-4.5

( )
( )
( )
, ,
,
: .
(1) 2004 - 2010: .
(2) .
(3) .
:
Domestic demand: Components
9.0
14.0
6.0
7.0
0.0
0.0
-3.0
-6.0
-9.0
14
-7.0
- Domestic demand
- External balance
- GDP
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

(3) Contribution to GDP growth rate.
( ) ()
GDP (growth rate) and Components (contribution)
3.0
PRODUCTION APPROACH
-14.0
-21.0
:
xternal balance: Components
24.0
15.0
16.0
10.0
8.0
5.0
0.0
0.0
-8.0
- Private consumption
- GG consumption
- GFCF
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Gross Value Added
-16.0
-24.0
-5.0
- Exports
- Imports
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
-10.0
-15.0
- Agriculture
- Industry
- Services
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
15
5. : , T , 2008 - 2011(1)
. .
2008 Q1
2008 Q2
Table 5. GREECE: GROSS DOMESTIC PRODUCT, QUARTERLY DATA, 2008 - 2011(1)
2008 Q3
2008 Q4
2009 Q1(2)
2009 Q2
2009 Q3
2009 Q4
2010 Q1(2)
2010 Q2
2010 Q3
2010 Q4
2011 Q1
In million . At current prices. on-seasonally adjusted data

2011 Q2
47,455
1,585
9,030
53,441
1,628
9,797
56,240
1,628
9,709
52,526
1,733
9,453
47,220
1,594
8,914
53,215
1,629
9,206
55,705
1,655
9,413
53,399
1,742
9,926
48,486
1,643
8,671
52,101
1,675
9,090
52,997
1,644
9,021
49,539
1,665
9,556
45,644
1,693
8,374
49,557
1,623
8,308
PRODUCTION APPROACH
36,840
6,824
276
42,017
6,441
301
44,902
7,278
313
41,339
7,905
302
36,711
5,362
226
42,380
6,484
261
44,638
6,332
254
41,731
7,544
232
38,172
6,235
212
41,337
6,885
248
42,333
7,640
243
38,317
7,405
244
35,577
5,794
189
39,626
6,180
222
Services
Taxes on products

(3)
(3)
(4)

55,299
44,407
43,618
789
10,892
9,033
10,403
-1,371
64,331
11,486
21,814
-10,328
56,007
45,069
44,214
855
10,938
10,406
11,469
-1,063
66,413
14,886
21,718
-6,832
54,917
43,662
42,691
970
11,255
12,498
11,113
1,385
67,415
17,231
21,442
-4,211
52,516
41,447
40,676
770
11,069
16,670
12,309
4,361
69,186
11,926
20,983
-9,057
54,455
44,466
43,656
809
9,989
7,855
9,396
-1,541
62,310
9,017
18,971
-9,953
56,401
44,311
43,453
858
12,090
8,491
9,874
-1,383
64,892
11,795
17,249
-5,454
54,675
43,123
42,152
972
11,552
10,596
9,977
619
65,271
13,601
17,089
-3,488
56,311
41,525
40,745
781
14,786
10,718
10,911
-193
67,029
9,874
16,193
-6,319
55,916
46,237
45,364
873
9,679
8,996
8,610
386
64,912
9,690
20,093
-10,403
54,780
44,244
43,355
889
10,536
7,621
8,454
-833
62,401
12,820
16,484
-3,664
53,043
42,889
41,886
1,003
10,154
9,096
7,876
1,220
62,139
13,961
15,707
-1,746
51,414
39,844
39,067
777
11,570
8,946
8,904
42
60,359
11,768
15,427
-3,660
53,080
44,581
43,740
841
8,499
6,657
6,851
-194
59,738
10,268
18,758
-8,490
52,510
42,989
42,126
863
9,521
5,459
6,957
-1,498
57,969
13,586
16,039
-2,454
Households
PNPISH(3)
General Government(4)
Changes in inventories
Domestic demand

/

E
18,904
28,885
7,122
908
21,702
32,128
6,724
972
21,754
34,857
7,580
986
23,963
29,090
8,019
942
18,688
28,988
5,582
903
22,147
31,620
6,650
979
21,796
34,500
6,463
975
24,760
28,804
8,065
918
18,460
30,450
6,390
790
21,052
31,504
7,043
862
20,746
32,719
7,788
859
22,878
26,738
7,914
830
16,809
29,316
5,899
775
19,006
31,065
6,285
841
INCOME APPROACH
Compensation of emloyees
Gross operating surlplus / mixed income
Taxes on production and imports
Subsidies
54,003
59,581
63,205
60,129
52,356
59,438
61,783
60,711
54,509
58,737
60,394
56,700
51,248
55,515

( )
, ,
,

: .
(1) .
(2) 2009, 2010: ,
.
(3) .
(4) 2009 ,
.
16

(1) Provisional data.
(2) 2009, 2010: The sum of the quarters is dierent from the respective annual gures, due to the incorporation in the quarterly estimates of
the most recent General Government data.
(4) From 2009 onwards, a new method is applied for the compilation of quarterly General Government accounts; thus the data are not comparable
with the previous quarters.
17
6. : , T , 2008 - 2011(1)
. 2000.
2008 Q1
2008 Q2

( )
, ,
,

2008 Q3
2008 Q4
2009 Q1(2)
2009 Q2
2009 Q3
2009 Q4
2010 Q1(2)
2010 Q2
2010 Q3
2010 Q4
In million . At constant prices of 2000. on-seasonally adjusted data

2011 Q1
2011 Q2
37,583
1,662
7,033
41,510
1,736
7,438
43,299
1,711
7,190
40,590
1,736
7,454
36,610
1,800
6,705
40,818
1,884
7,027
42,374
1,896
6,858
40,104
1,902
7,185
36,581
2,116
6,151
39,074
2,161
6,434
39,543
2,096
6,182
36,653
2,030
6,553
33,632
2,076
5,506
36,290
2,033
5,517
PRODUCTION APPROACH
28,679
5,295
246
32,463
4,997
269
34,752
5,646
279
31,371
6,133
269
27,816
4,323
202
31,835
5,216
234
33,865
5,082
228
30,875
6,053
208
28,270
4,632
184
30,555
5,101
215
31,624
5,665
211
27,854
5,518
211
25,758
4,248
171
28,683
4,655
198
Services
Taxes on products

(3)
(3)
(4)

42,999
34,998
34,396
600
8,014
8,169
8,878
51,167
9,321
18,214
-8,893
42,856
34,818
34,168
646
8,048
8,825
9,669
51,681
11,828
17,430
-5,602
42,225
33,935
33,196
731
8,282
9,806
9,322
52,031
13,636
16,985
-3,349
40,044
31,874
31,302
570
8,145
14,435
10,469
54,478
9,718
17,517
-7,799
41,791
34,565
33,955
607
7,269
7,310
7,907
49,100
7,391
16,133
-8,742
42,998
34,058
33,409
645
8,904
7,307
8,368
50,305
9,532
14,266
-4,733
41,821
33,309
32,574
727
8,488
8,283
8,483
50,104
10,835
13,783
-2,948
42,662
31,311
30,743
565
11,185
8,252
9,292
50,915
7,813
12,913
-5,100
41,722
34,847
34,208
635
6,902
7,567
7,232
49,289
7,551
16,213
-8,662
40,703
32,305
31,665
635
8,364
6,304
7,096
47,007
9,833
13,062
-3,229
39,299
31,364
30,645
711
7,908
7,478
6,613
46,778
10,740
12,558
-1,818
38,350
28,558
28,019
535
9,691
7,142
7,485
45,492
8,813
12,494
-3,681
38,649
32,093
31,505
585
6,428
6,247
5,724
44,896
7,359
14,132
-6,773
37,918
30,322
29,721
596
7,549
4,931
5,824
42,849
9,699
12,073
-2,373
Households
PNPISH(3)
Domestic demand
42,641
46,252
48,679
46,463
40,736
45,807
47,233
45,954
41,036
43,962
44,977
41,930
37,697
40,736
: .
(1) .
(2) 2009, 2010: ,
.
(3) .
(4) 2009 ,
.
18

(2) 2009, 2010: The sum of the quarters is dierent from the respective annual gures, due to the incorporation in the quarterly estimates of
the most recent General Government data.
(4) From 2009 onwards, a new method is applied for the compilation of quarterly General Government accounts; thus the data are not comparable
with the previous quarters.
19
7. : , T , 2008 - 2011(1)
2008 Q3
2008 Q4
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2.2
8.9
-4.8
1.6
11.2
-9.2
0.1
13.1
-4.4
-2.6
8.3
-4.7
-1.7
8.6
-5.5
-2.1
10.8
-4.6
-1.2
9.6
-3.6
-0.1
17.6
-8.3
-4.3
14.7
-8.4
-6.7
10.6
-9.9
-8.6
6.7
-8.8
-8.1
-1.8
-10.5
-7.1
-5.9
-14.3
2.8
-2.4
14.7
3.2
-2.4
15.0
3.2
-2.4
15.6
0.2
-2.4
15.1
-3.0
-18.3
-17.7
-1.9
4.4
-13.0
-2.6
-10.0
-18.4
-1.6
-1.3
-22.8
1.6
7.1
-9.2
-4.0
-2.2
-7.9
-6.6
11.5
-7.4
-9.8
-8.8
1.8
-8.9
-8.3
-7.1
-6.1
-8.7
-7.8
-5.3
-5.1
-6.1
-13.7
-15.2
-7.2
3.2
-8.4
3.3
-6.0
-5.8
-6.8
-9.7
-22.0
-7.0
-0.9
-8.9
2.4
-10.1
-8.8
-13.4
-13.5
-19.4
-11.8
12.8
-3.2
3.1
-7.4
-7.9
-6.9
-17.4
-20.9
-10.7
-2.6
-12.8
4.6
-6.8
-6.1
-9.7
-21.8
-17.9
-9.5
-1.4
-7.6
1.9
-4.0
-4.8
-8.8
-8.1
-7.3
3.4
3.9
3.2
3.5
2.9
2.8
2.0
2.5
-2.8
-1.2
0.3
-2.2
-1.0
-1.8
6.5
-1.8
-7.2
-8.1
1.8
13.4
7.7
-0.5
-10.2
-10.0
0.7
11.0
5.2
0.7
-2.9
-10.9
1.9
-2.3
0.4
-0.8
-1.5
-1.0
1.2
-2.4
2.7
-1.5
-10.5
-10.9
-4.8
-20.7
-11.4
0.4
-17.2
-13.5
-3.0
-19.4
-18.2
1.9
-15.5
-9.0
-4.0
-20.5
-18.8
0.8
-42.8
-11.2
-7.7
-19.6
-26.3
5.8
-0.2
0.8
-5.0
3.5
-8.5
0.5
2.2
0.5
0.2
1.7
1.6
1.1
-0.3
-4.5
-1.0
-3.0
-1.1
0.7
: .
(1) .
(2) .
(3) 2009 - 2011 .
(4) .
( )
( )
GDP (y-o-y change) and
Components (contribution to GDP change)
15.0
10.0
0.0
5.0
-10.0
0.0
-10.0
-5.0
-5.0
2011 Q2
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2009 Q1
2008 Q4
2008 Q3
2011 Q2
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
-15.0
2009 Q3
2009 Q2
2009 Q1
2008 Q4
2008 Q3
2008 Q2
2011 Q1
2011 Q2
- Agriculture
- Industry
- Services
-10.0
- Exports
- Imports
-30.0
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2009 Q1
2008 Q4
2008 Q3
2008 Q2
2008 Q1
2011 Q2
2011 Q1
2010 Q4
2010 Q2
2010 Q3
2009 Q4
2010 Q1
2009 Q3
2009 Q1
2009 Q2
2008 Q4
2008 Q2
2008 Q3
-20.0
- Private consumption
- GG consumption
- GFCF
2008 Q1
-20.0
-30.0
2008 Q1
20.0
10.0
0.0
-15.0
Domestic demand(4)
External balance of goods and services(4)

( )
Gross Value Added
(y-o-y change)
20.0
0.0
- Domestic demand
- External balance
- GDP
Services
Taxes on products
:
( )
xtrenal balance: Componets
(y-o-y change)
10.0
5.0
(Year-on-year change %)
PRODUCTION APPROACH

(3) The changes are not presented due to the fact that the quarterly data of the period 2009 - 2011 are not comparable with the quarterly data of
the previous years.
(4) Contribution to GDP growth rate.
:
( )
Domestic demand: Components
(y-o-y change)
10.0
20
2011 Q2
2.4
7.1
-1.7

(2)
(3)

(4)

(4)
-10.0
2011 Q1
2008 Q1
( %)

( )
, ,
,

Chain-linked volume. Non-seasonally adjusted data

2008 Q2
2008 Q2
.
2008 Q1
21
8. : , 2000 - 2010(1)
Table 8. GREECE: MAIN AGGREGATES OF GENERAL GOVERNMENT, 2000 - 2010(1)
In mllion
2000
2001
2002
2003
2004
2005
2006(2)
2007
2008
2009
2010
,
,
,

,
58,537
18,502
13,158
16,989
5,954
3,934
59,816
19,406
12,528
18,397
7,340
2,145
63,041
20,159
13,415
21,310
6,237
1,920
67,290
20,756
13,498
23,722
6,365
2,949
70,583
21,637
14,825
24,671
6,360
3,090
75,219
22,764
16,578
26,104
6,694
3,079
82,728
25,857
16,960
26,932
7,825
5,154
90,723
28,412
18,201
28,961
9,424
5,725
94,459
28,811
18,695
30,749
10,969
5,235
87,567
26,110
19,111
29,458
9,651
3,237
89,933
28,552
17,474
29,663
9,638
4,606
Revenue
Taxes on production and imports, receivable
Taxes on income and property, receivable
Social contributions
Other
Capital transfers, receivable

,

,
,
,
,
63,626
53,572
14,270
20,155
8,778
192
1,388
8,789
10,054
66,318
56,861
15,180
22,499
9,063
195
1,442
8,482
9,457
70,614
61,873
17,308
24,184
10,229
205
1,563
8,384
8,741
77,143
68,556
18,641
27,332
10,387
238
2,393
9,565
8,587
84,333
75,347
21,345
28,873
10,155
240
3,421
11,313
8,986
85,626
76,619
22,384
31,814
10,286
257
3,321
8,557
9,007
95,427
85,649
24,324
35,625
12,417
277
3,239
9,767
9,778
105,923
95,245
25,213
39,949
15,444
41
3,767
10,831
10,678
117,634
105,884
27,668
45,765
15,283
43
4,113
13,012
11,750
124,215
111,887
30,559
48,844
17,228
76
3,669
11,511
12,328
113,887
101,293
27,183
47,400
13,333
93
3,905
9,379
12,594
Total expenditure
Primary expenditure
Compensation of employees, payable
Social benets
Goods and Services
Subsidies, payable
Other current transfers, payable
Capital transfers, payable
Interest payments

(3)
(4)
4,965
-5,089
-5,031
2,955
-6,502
-6,542
1,168
-7,573
-7,465
-1,266
-9,853
-9,738
-4,764
-13,750
-13,940
-1,400
-10,407
-10,068
-2,921
-12,699
-12,109
-4,522
-15,200
-14,524
-11,425
-23,175
-23,121
-24,320
-36,648
-36,306
-11,360
-23,954
-24,193
Primary balance
Overall balance(3)
Overall balance(4)
140,971
151,869
159,214
168,025
183,187
212,418
224,915
239,364
262,318
298,706
328,588
Gross debt (Maastricht)(5)
( )
,
,
,

,
43.0
13.6
9.7
12.5
4.4
2.9
40.9
13.3
8.6
12.6
5.0
1.5
40.3
12.9
8.6
13.6
4.0
1.2
39.0
12.0
7.8
13.8
3.7
1.7
38.1
11.7
8.0
13.3
3.4
1.7
38.6
11.7
8.5
13.4
3.4
1.6
39.2
12.2
8.0
12.7
3.7
2.4
40.0
12.5
8.0
12.8
4.2
2.5
39.9
12.2
7.9
13.0
4.6
2.2
37.3
11.1
8.1
12.5
4.1
1.4
39.1
12.4
7.6
12.9
4.2
2.0
(As percentage of GDP)

Revenue
Other

,

,
,
,
,
46.7
39.3
10.5
14.8
6.4
0.1
1.0
6.4
7.4
45.3
38.8
10.4
15.4
6.2
0.1
1.0
5.8
6.5
45.1
39.5
11.1
15.4
6.5
0.1
1.0
5.4
5.6
44.7
39.8
10.8
15.9
6.0
0.1
1.4
5.5
5.0
45.5
40.7
11.5
15.6
5.5
0.1
1.8
6.1
4.9
44.0
39.3
11.5
16.3
5.3
0.1
1.7
4.4
4.6
45.2
40.5
11.5
16.9
5.9
0.1
1.5
4.6
4.6
46.6
41.9
11.1
17.6
6.8
0.0
1.7
4.8
4.7
49.7
44.7
11.7
19.3
6.5
0.0
1.7
5.5
5.0
52.9
47.6
13.0
20.8
7.3
0.0
1.6
4.9
5.2
49.5
44.0
11.8
20.6
5.8
0.0
1.7
4.1
5.5
Total expenditure
Primary expenditure
Social benets
Goods and Services
Subsidies, payable
Interest payments

(3)
(4)
3.6
-3.7
-3.7
2.0
-4.4
-4.5
0.7
-4.8
-4.8
-0.7
-5.7
-5.6
-2.6
-7.4
-7.5
-0.7
-5.3
-5.2
-1.4
-6.0
-5.7
-2.0
-6.7
-6.4
-4.8
-9.8
-9.8
-10.3
-15.6
-15.4
-4.9
-10.4
-10.5
Primary balance
Overall balance(3)
Overall balance(4)
103.4
103.7
101.7
97.4
98.9
109.0
106.4
105.4
110.7
127.1
142.8
136,281
146,428
156,615
172,431
185,266
194,819
211,300
227,074
236,917
235,017
230,173
, (5)
, (5)
( )
: .
(1) 2005 - 2010: .
(2) 2006 .
(3) 95 ( ).
(4) - ( ).
(5) .
22
GDP at market prices (in million )

(2) From 2006 onwards, the decit and debt gures reect also data of the Public Corporations that have been reclassied into the General Government sector.
(3) Balance according to ESA95 (swaps transactions are not included).
(4) EDP Balance (swaps transactions are included).
(5) Debt as dened in the Maastricht Treaty.
23

Main aggregates of General Government as percentage of GDP
55.0
50.0

Revenue of General Government as percentage of GDP
16.0
- Revenue
- Total expenditure
- Primary expenditure
14.0
12.0
45.0
10.0
8.0
40.0
6.0
35.0
4.0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
( . )
Revenue of General Government (in bil. )
35.0
25.0
80.0
30.0
20.0
60.0
25.0
15.0
40.0
20.0
10.0
20.0
15.0
5.0
10.0
0.0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
( . )
Expenditure of General Government (in bil. )
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
- Compensation of employees
- Social benefits
- Goods and services
-Capital transfers
- Interest payments
( ) - Total Revenue (left scale)

( ) - Taxes on production (right scale)
( ) - Taxes on income (right scale)
( ) - Social contributions (right scale)
%
Primary balance and Overall balance of General Government as % of GDP
120.0
60.0
8.0
100.0
50.0
4.0
80.0
40.0
0.0
60.0
30.0
-4.0
40.0
20.0
-8.0
20.0
10.0
-12.0
0.0
-16.0
0.0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Expenditure of General Government as percentage of GDP
100.0
0.0
- Taxes on production
- Taxes on income
- Social contributions
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
- Primary balance
- Overall balance
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
( ) - Primary expenditure (left scale)

( ) - Compensation of employees (right scale)
( ) - Social benefits (right scale)
( ) - Goods and services (right scale)
( ) - Other current transfers (right scale)
( ) - Capital transfers (right scale)
24
25
9. : , , 2009 - 2011(1)
Table 9. GREECE: MAIN AGGREGATES OF GENERAL GOVERNMENT, QUARTERLY DATA, 2009 - 2011(1)
In mllion
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2011 Q1
,
,
,

,
18,101
5,422
3,869
6,715
1,936
159
22,477
6,497
5,152
7,808
2,329
691
20,529
6,298
4,735
6,989
1,950
557
26,460
7,893
5,355
7,946
3,436
1,830
18,817
6,246
3,840
6,747
1,839
145
21,983
6,906
4,277
7,116
2,624
1,060
22,261
7,640
4,598
7,274
2,153
596
26,872
7,760
4,759
8,526
3,022
2,805
19,091
5,805
3,220
7,227
2,219
620
Revenue
Other

,

,
,
,
,
26,704
23,824
6,443
11,759
3,280
18
811
1,513
2,880
33,068
29,914
7,798
12,528
4,034
16
2,092
3,446
3,154
29,321
26,177
7,442
11,156
3,913
21
737
2,908
3,144
35,122
31,972
8,876
13,401
6,001
21
29
3,644
3,150
27,011
24,176
6,603
12,346
2,517
14
1,525
1,171
2,835
26,898
24,132
6,839
11,406
3,362
15
766
1,744
2,766
29,329
23,756
6,585
10,966
3,086
21
940
2,158
5,573
30,649
29,229
7,156
12,682
4,368
43
674
4,306
1,420
23,805
20,246
5,901
10,524
1,931
50
1,198
642
3,559
Total expenditure
Primary expenditure
Social benets
Goods and Services
Subsidies, payable
Interest payments

(2)
-5,723
-8,603
-7,437
-10,591
-5,648
-8,792
-5,512
-8,662
-5,359
-8,194
-2,149
-4,915
-1,495
-7,068
-2,357
-3,777
-1,155
-4,714
Primary balance
Overall balance(2)
279,616
289,498
294,369
298,706
309,676
314,140
322,978
328,588
340,187
( )
,
,
,

,
30.0
21.4
37.1
10.7
0.9
28.9
22.9
34.7
10.4
3.1
30.7
23.1
34.0
9.5
2.7
29.8
20.2
30.0
13.0
6.9
33.2
20.4
35.9
9.8
0.8
31.4
19.5
32.4
11.9
4.8
34.3
20.7
32.7
9.7
2.7
28.9
17.7
31.7
11.2
10.4
30.4
16.9
37.9
11.6
3.2
(As percentage of Revenues)

Other
( )

,

,
,
,

89.2
24.1
44.0
12.3
0.1
3.0
5.7
10.8
90.5
23.6
37.9
12.2
0.0
6.3
10.4
9.5
89.3
25.4
38.0
13.3
0.1
2.5
9.9
10.7
91.0
25.3
38.2
17.1
0.1
0.1
10.4
9.0
89.5
24.4
45.7
9.3
0.1
5.6
4.3
10.5
89.7
25.4
42.4
12.5
0.1
2.8
6.5
10.3
81.0
22.5
37.4
10.5
0.1
3.2
7.4
19.0
95.4
23.3
41.4
14.3
0.1
2.2
14.0
4.6
85.0
24.8
44.2
8.1
0.2
5.0
2.7
15.0
(As percentage of total Expenditure)

Primary expenditure
Social benets
Goods and Services
Subsidies, payable
Interest payments
(4)
,
,
,

,
4.0
15.2
-0.7
0.5
-5.0
-8.8
-2.2
6.3
-17.0
-8.9
12.7
53.4
8.4
21.3
-2.9
4.1
10.4
7.0
1.6
-1.7
-11.1
7.3
-12.0
53.3
1.5
-7.1
-16.1
7.1
20.7
327.6
Year-on-year percent change(4)

Revenue
Taxes on prod. and imports, receivable
Other

,

,
,
,
,
1.1
1.5
2.5
5.0
-23.3
-22.2
88.0
-22.6
-1.6
-18.7
-19.3
-12.3
-9.0
-16.7
-6.3
-63.4
-49.4
-12.3
0.0
-9.2
-11.5
-1.7
-21.1
0.0
27.5
-25.8
77.3
-12.7
-8.6
-19.4
-5.4
-27.2
104.8
2224.1
18.2
-54.9
-11.9
-16.3
-10.6
-14.8
-23.3
257.1
-21.4
-45.2
25.5
Total expenditure
Primary expenditure
Social benets
Goods and Services
Subsidies, payable
Interest payments
-6.4
-4.8
-71.1
-53.6
-73.5
-19.6
-57.2
-56.4
-78.4
-42.5
Primary decit
Overall decit(2)
, (3)

(2)
: .
(1) 2009 - 2011: .
(2) 95.
(3) .
(4) 2009 - 2011 .
26

(2) According to ESA95.
(3) Debt as dened in the Maastricht Treaty.
(4) The changes are not presented due to the fact that the quarterly data of the period 2009 - 2011 are not comparable with the data of the
previous years.
27
( . )
Revenue of General Government (in bil. )
( . )
Expenditure of General Government (in bil. )
- - ( . )
Revenue - Primary Expenditure - Total Expenditure (in bil. )
9.0
15.0
40.0
8.0
12.0
35.0
7.0
0.0
-3.0
30.0
9.0
6.0
-6.0
25.0
6.0
5.0
20.0
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q2
2009 Q1
2011 Q1
2009 Q3
- Primary balance
- Overall balance
-12.0
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
10.0
2009 Q1
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2009 Q1
- Taxes on production and imports

- Taxes on income
- Social contributions
2009 Q1
0.0
3.0
-9.0
- Revenue
- Total expenditure
- Primary expenditure
15.0
2009 Q2
3.0
4.0
28
( . )
Primary balance and Overall balance of General Government (in bil. )
- Compensation of employees
- Social benefits
- Goods and services
- Other current transfers
- Capital transfers
29
10. : , 2000 - 2011
Table 10. GREECE: GENERAL GOVERNMENT DEBT, 2000 - 2011
In mllion
2000
2001
2002
2003
2004
2005
2006(1)
2007
2008
2009
2010
2011 Q1
140,971
151,869
159,214
168,025
183,187
212,418
224,915
239,364
262,318
298,706
328,588
340,187
Nominal value of debt outstanding at end of year

,
(1 )
(>1 )
178
115,985
198
125,940
842
135,022
756
144,006
1,006
159,537
1,235
169,492
988
179,685
693
194,500
728
216,324
1,477
252,923
1,005
252,473
930
248,240
Currency and deposits

Securities other than shares, exc. nancial derivatives
1,766
114,219
24,808
2,726
22,082
752
125,188
25,731
1,533
24,198
982
134,040
23,350
416
22,934
3,084
140,922
23,263
325
22,938
2,568
156,969
22,644
271
22,373
1,156
168,336
41,691
181
41,510
943
178,743
44,241
1,536
42,705
1,625
192,875
44,171
555
43,616
5,496
210,829
45,266
292
44,974
10,820
242,103
44,306
1,513
42,793
9,121
243,352
75,110
2,756
72,354
7,032
241,208
91,018
746
90,272
Short-term (1 year)
Long-term (>1 year)
Loans
Short-term
Long-term
0.1
82.3
0.1
82.9
0.5
84.8
0.4
85.7
0.5
87.1
0.6
79.8
0.4
79.9
0.3
81.3
0.3
82.5
0.5
84.7
0.3
76.8
0.3
73.0
(As percrentage of Debt)

Currency and deposits
Securities other than shares, exc. nancial derivatives
1.3
81.0
17.6
1.9
15.7
0.5
82.4
16.9
1.0
15.9
0.6
84.2
14.7
0.3
14.4
1.8
83.9
13.8
0.2
13.7
1.4
85.7
12.4
0.1
12.2
0.5
79.2
19.6
0.1
19.5
0.4
79.5
19.7
0.7
19.0
0.7
80.6
18.5
0.2
18.2
2.1
80.4
17.3
0.1
17.1
3.6
81.1
14.8
0.5
14.3
2.8
74.1
22.9
0.8
22.0
2.1
70.9
26.8
0.2
26.5
Short-term
Long-term
Loans
Short-term
Long-term
( )

,
: .
(1) 2006 .
( )
Structure of General Government Debt (percent of total)

Evolution of Debt as percentage of GDP
100.0
150.0
80.0
140.0
- Currency and deposits
X - Securities
- Loans
60.0
40.0
130.0
120.0
2011 Q1
2010
2009
2008
2007
2006
2005
90.0
2004
-20.0
2003
100.0
2002
0.0
2001
110.0
2000
20.0
30

(1) From 2006 onwards, the decit and debt gures reect also data of the Public Corporations that have been reclassied into the General Government sector.
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
31
11. : O 15 , H,
, 2005 - 2011
Table 11. GREECE: POPULATION AGED 15 YEARS AND OVER, BY EMPLOYMENT STATUS
QUARTERLY DATA, 2005 - 2011
In thousands

2005
2006
2007
2008
2009
2010
2011

Percent of
population
Total
(1)
Grand total
Employed
Percent of
labour force
Unemployed
Labour force

Percent of
labour force
Annual average
Year-on-year Year-on-year change Year-on-year change
unemployment
in the number
in the number
change
rate
of unemployed
of employed
of labour force
Economically
non-active
population
Reference period
9,094.5
9,102.6
9,112.9
9,122.3
4,827.5
4,848.8
4,855.3
4,854.3
53.1
53.3
53.3
53.2
4,325.0
4,381.9
4,385.6
4,383.4
89.6
90.4
90.3
90.3
502.4
466.9
469.8
470.9
10.4
9.6
9.7
9.7
9.9
0.7
0.5
0.6
0.5
1.8
1.2
1.0
1.2
-7.6
-5.2
-3.3
-5.9
4,267.1
4,253.9
4,257.5
4,268.0
2005 1st Quarter

2nd
3rd
4th Quarter
9,136.0
9,150.1
9,164.2
9,179.1
4,873.1
4,880.2
4,902.5
4,891.2
53.3
53.3
53.5
53.3
4,400.0
4,452.8
4,494.2
4,462.1
90.3
91.2
91.7
91.2
473.1
427.4
408.3
429.1
9.7
8.8
8.3
8.8
8.9
0.9
0.6
1.0
0.8
1.7
1.6
2.5
1.8
-5.8
-8.4
-13.1
-8.9
4,262.9
4,269.9
4,261.8
4,287.9
2006 1st Quarter

2nd
3rd
4th Quarter
9,195.4
9,206.7
9,211.3
9,216.0
4,906.9
4,917.9
4,926.8
4,915.6
53.4
53.4
53.5
53.3
4,461.2
4,519.9
4,539.3
4,519.1
90.9
91.9
92.1
91.9
445.7
398.0
387.5
396.5
9.1
8.1
7.9
8.1
8.3
0.7
0.8
0.5
0.5
1.4
1.5
1.0
1.3
-5.8
-6.9
-5.1
-7.6
4,288.5
4,288.8
4,284.5
4,300.4
2007 1st Quarter

2nd
3rd
4th Quarter
9,222.7
9,230.1
9,237.8
9,245.8
4,918.2
4,939.7
4,944.9
4,946.3
53.3
53.5
53.5
53.5
4,511.6
4,582.5
4,589.8
4,553.6
91.7
92.8
92.8
92.1
406.5
357.1
355.1
392.7
8.3
7.2
7.2
7.9
7.6
0.2
0.4
0.4
0.6
1.1
1.4
1.1
0.8
-8.8
-10.3
-8.4
-1.0
4,304.5
4,290.4
4,292.9
4,299.5
2008 1st Quarter

2nd
3rd
4th Quarter
9,252.7
9,262.4
9,272.3
9,282.4
4,948.1
4,974.5
5,005.3
4,991.2
53.5
53.7
54.0
53.8
4,485.8
4,531.9
4,540.1
4,476.8
90.7
91.1
90.7
89.7
462.3
442.6
465.1
514.4
9.3
8.9
9.3
10.3
9.5
0.6
0.7
1.2
0.9
-0.6
-1.1
-1.1
-1.7
13.7
23.9
31.0
31.0
4,304.5
4,287.9
4,267.0
4,291.2
2009 1st Quarter

2nd
3rd
4th Quarter
9,292.2
9,301.5
9,311.0
9,320.6
5,012.4
5,021.0
5,024.9
5,011.1
53.9
54.0
54.0
53.8
4,425.6
4,427.0
4,402.9
4,299.0
88.3
88.2
87.6
85.8
586.8
594.0
621.9
712.1
11.7
11.8
12.4
14.2
12.5
1.3
0.9
0.4
0.4
-1.3
-2.3
-3.0
-4.0
26.9
34.2
33.7
38.4
4,279.8
4,280.5
4,286.1
4,309.4
2010 1st Quarter

2nd
3rd
4th Quarter
9,329.4
9,337.6
4,987.0
4,967.2
53.5
53,2
4,194.4
4,156.3
84.1
83,7
792.6
810,8
15.9
16,3
-0.5
-1,1
-5.2
-6,1
35.1
36,5
4,342.4
4.370,5
2011 1st Quarter

2nd
: .
(1) , 15 ,
2001.
Source: Population and Labour Market Statistics Division ELSTAT.

(1) Total number of persons residing in private households, aged 15 years and older, according to the results of the 2001 Population Census.
, , ( )
Labour force, employed unemployed (year-on-year change)
6.0
60.0
3.0
45.0
0.0
30.0
( ) - Labour force (left scale)
( ) - Number of employed (left scale)
( ) - Unemployed (right scale)
-3.0
15.0
32
2011 Q2
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2009 Q1
2008 Q4
2008 Q3
2008 Q2
2007 Q4
2008 Q1
2007 Q2
2007 Q3
2006 Q4
2007 Q1
2006 Q2
2006 Q3
2005 Q4
2006 Q1
-15.0
2005 Q3
-9.0
2005 Q1
0.0
2005 Q2
-6.0
33
12. : , -
15 - 29 (1), 2000 - 2011
Table 12. GREECE: UNEMPLOYMENT RATE FOR TOTAL POPULATION, MALES - FEMALES AND
FOR PERSONS AGED 15 - 29 YEARS(1), 2000 - 2011
: .
(1) .
23.0
21.5
20.4
19.5
20.1
18.8
17.8
17.0
15.5
17.7
22.8
32.9
20.0
10.0
,
,

, ,

,
,

( )
,
,

, ,

,
,

2011 Q2
2010
2011 Q1
- Total
- Males
- Females
15 - 29 - Persons aged 15 - 29 years
2009
0.0
2008
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
2007
0.0
, - Agriculture, forestry and fishing

, - Industry, including energy
- Construction
, ,
Trade, hotels and restaurants, transports and communications
,
,
Financial, real estate, renting and business activities
- Other service activities

(1) Data refer to the 2nd quarter of each year.
Table 13. GREECE: EMPLOYED PERSONS AGED 15 YEARS AND OVER, BY BRANCH OF ECONOMIC ACTIVITY, 2000 - 2011
2000
2001
2002
2003
2004
2005
2006
2007
2008(1)
2009
2010
2011 Q1
2011 Q2
4,088.5
4,086.3
4,175.8
4,274.5
4,313.2
4,369.0
4,452.3
4,509.9
4,559.4
4,508.7
4,388.6
4,194.4
4,156.3
706.3
630.3
658.1
633.5
649.6
634.4
656.1
620.9
543.9
616.9
542.0
618.3
533.3
620.9
519.7
620.8
516.8
621.4
536.6
586.8
549.8
542.5
519.0
503.7
509.8
478.2
300.1
1,219.2
306.8
1,230.0
318.9
1,250.4
345.8
1,292.9
350.3
1,298.7
361.7
1,345.7
362.4
1,368.6
394.7
1,376.8
395.1
1,411.1
368.8
1,407.1
322.1
1,373.6
267.2
1,319.0
262.2
1,338.2
308.5
327.4
346.6
356.8
393.6
399.8
404.4
411.5
455.9
447.5
433.8
437.9
433.8
924.0
930.5
975.8
1.001.9
1.109.7
1.101.5
1,162.7
1,186.4
1,159.2
1,161.9
1,166.8
1,147.6
1,134.1
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
17.3
15.4
16.1
15.5
15.6
15.2
15.4
14.5
12.6
14.3
12.4
14.2
12.0
13.9
11.5
13.8
11.3
13.6
11.9
13.0
12.5
12.4
12.4
12.0
12.3
11.5
Agriculture, forestry and shing

Industry, including energy
7.3
29.8
7.5
30.1
7.6
29.9
8.1
30.2
8.1
30.1
8.3
30.8
8.1
30.7
8.8
30.5
8.7
30.9
8.2
31.2
7.3
31.3
6.4
31.4
6.3
32.2
7.5
8.0
8.3
8.3
9.1
9.2
9.1
9.1
10.0
9.9
9.9
10.4
10.4
Construction
Trade, hotels and restaurants, transport and communication
Financial, real estate, renting and
business activities
22.6
22.8
23.4
23.4
25.7
25.2
26.1
26.3
25.4
25.8
26.6
27.4
27.3
: .
(1) 2008 ,
.
34
10.0
5.0
13. : 15 , , 2000 - 2011

( )
20.0
15.0
2006
17.0
15.9
15.2
14.3
15.9
15.2
13.4
12.6
10.9
12.5
15.3
20.0
30.0
25.0
2005
7.4
6.9
6.4
6.0
6.3
5.8
5.6
5.0
4.7
6.3
9.4
13.7
30.0
2004
11.2
10.4
9.3
10.2
9.6
9.6
8.8
8.1
7.2
8.9
11.8
16.3
15 - 29
Persons aged 15 - 29 Years
2003
Females
2002
Males
40.0
35.0
2001
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Total
,

Share of employment,
by branch of economic activity
2000
Year
,
- 15 - 29
Unemployment rate for total population,
males - females and for persons aged 15 - 29 yeas
(Absolute numbers in thousands)

TOTAL
Agriculture, forestry and shing
Industry, including energy
Construction
Trade, hotels and restaurants, transport and communication
Financial, real estate, renting and
business activities
Other service activities
TOTAL
(In percent of total)
Other service activities

(1) Data from 2008 onwards are not fully comparable with those of previous years, due to the introduction of a new sectoral classication.
35
14. : , 2001 - 2011(1)(2)
Table 14. GREECE: LABOUR COST FOR THE ENTIRE ECONOMY, 2001 - 2011(1)(2)
(%)
Year-on-year change (%)

2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011 Q1
-
(3)
2.7
12.2
6.7
4.3
-2.0
2.2
2.8
11.5
10.8
6.0
9.8
5.4
0.5
-1.7
-4.0
-1.4
-0.8
-1.8
-0.6
5.3
3.2
4.7
7.7
4.5
3.1
4.4
4.9
0.3
-2.2
0.6
-0.9
0.3
0.0
1.0
0.2
-10.1
-3.2
-8.0
-14.5
Labour Cost Index - Total

Total excluding bonuses(3)
Wages
Employers' social security contributions
- (4)
(3)
2.4
13.2
6.7
4.3
-2.2
1.9
3.4
12.5
10.9
5.8
10.0
5.5
0.4
-1.8
-4.4
-1.4
-0.5
-1.8
-0.5
4.7
2.9
4.2
7.8
5.4
3.1
5.2
5.1
0.2
-1.6
0.2
-0.7
0.3
-0.2
1.0
0.0
-10.2
-5.5
-7.6
-15.7
Labour Cost Index - Total(4)

Wages
: .
(1) , , .
(2) 2004 2005 .
(3) 2005 .
(4) M .

(1) Except Agriculture, Forestry, Fishing and Activities of Households and of Extraterritorial Organizations.
(2) Data up to 2004 were based on National Accounts data and from 2005 onwards on survey data.
(3) The Labour Cost Index excluding bonuses has being compiled since 2005.
(4) Working Day Adjusted.
15. : , , 2008 - 2011(1)
Table 15. GREECE: LABOUR COST FOR THE ENTIRE ECONOMY, QUARTERLY DATA, 2008 - 2011(1)
(%)

2008 Q1
2008 Q2
2008 Q3
2008 Q4
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2011 Q1(2)
- (2)

3.9
2.4
4.0
4.2
4.5
2.7
4.3
4.9
5.1
3.4
5.0
5.2
4.4
4.1
4.3
5.3
-4.2
-9.1
-3.7
-5.6
0.7
-1.8
1.0
-0.2
-4.3
-5.5
-3.7
-7.2
9.0
8.9
8.6
9.3
13.6
5.8
13.4
14.7
-0.3
0.4
0.2
-1.0
-4.5
-2.7
-3.4
-4.2
-5.0
-3.0
-3.9
-6.1
-9.0
-2.6
-6.3
-14.4

Total excluding bonuses
Wages
- (3)

4.7
0.8
4.3
3.8
4.1
2.8
4.2
5.0
3.3
4.3
4.0
4.6
2.1
4.2
2.9
3.9
-3.1
-4.1
-3.7
-2.9
1.3
-2.2
0.1
-1.1
-0.5
-3.5
0.0
-4.8
6.0
0.6
7.0
8.1
12.0
6.5
12.5
15.9
1.0
0.5
1.4
0.4
-2.8
-3.0
-1.3
-1.0
-5.6
-3.9
-4.6
-8.5
-10.8
-3.4
-8.4
-14.8

Wages
- (4)

2.7
4.0
3.3
3.1
4.5
2.7
4.3
4.9
6.6
1.6
6.8
5.6
7.3
4.2
6.3
6.5
-3.3
-10.5
-3.1
-5.7
0.7
-1.8
1.0
-0.2
-5.6
-4.3
-5.7
-6.3
9.0
11.4
8.7
9.3
13.3
3.9
13.4
14.7
-0.3
0.4
0.2
-1.0
-5.2
-1.2
-3.9
-5.2
-4.4
-3.3
-3.4
-5.7
-9.0
-2.1
-6.1
-15.0

Wages
: .
(1) , , .
(2) X .
(3) M .
(4) M .

(1) Except Agriculture, Forestry, Fishing and Activities of Households and of Extraterritorial Organizations.
(2) Non-seasonally adjusted.
(3) Seasonally adjusted.
(4) Working day adjusted.
( %)
Labour Cost Index (y-o-y change %)
( %)
Labour Cost Index (y-o-y change %)
16.0
20.0
8.0
10.0
0.0
0.0
-8.0
-10.0
36
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2009 Q1
2008 Q4
2008 Q3
- - Labour Cost Index - Total

- Wages
- Employers' social security contributions
2008 Q2
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Q1
2008 Q1
-20.0
-16.0
-
Seasonally adjusted Labour Cost Index - Total
- Total excluding bonuses
- Wages
- Employers social security contributions
37
16. : , 2001 - 2011(1)
Table 16. GREECE: LABOUR COST IN MANUFACTURING, 2001 - 2011(1)
(%)

2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011 Q1
-
(2)
-2.5
14.2
4.3
5.2
-12.0
-3.7
3.5
12.7
20.2
4.0
5.8
6.1
1.5
-13.4
-5.8
1.8
1.5
1.7
1.8
3.6
3.4
3.7
3.4
3.2
3.3
3.3
3.0
3.5
-3.8
3.1
4.4
1.7
0.1
1.9
1.2
-11.5
-5.3
-10.6
-14.6

Wages
- (3)
(2)
-1.8
14.2
4.3
5.4
-12.6
-3.1
4.5
12.8
20.3
4.0
5.8
6.5
1.4
-14.2
-6.1
1.7
1.5
1.7
1.7
4.1
3.6
4.2
3.9
3.5
3.3
3.8
2.9
3.3
-2.1
2.7
4.6
1.7
-1.5
1.8
1.0
-12.1
-9.7
-11.3
-16.5

Wages
: .
(1) 2004 2005 .
(2) 2005 .
(3) M .

(1) Data up to 2004 were based on National Accounts data and from 2005 onwards on survey data.
(2) The Labour Cost Index excluding bonuses started to be calculated from 2005 onwards.
(3) Working Day Adjusted.
17. : , , 2008 - 2011
Table 17. GREECE: LABOUR COST IN MANUFACTURING, QUARTERLY DATA, 2008 - 2011
(%)

2008 Q1
2008 Q2
2008 Q3
2008 Q4
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2011 Q1
- (1)

4.8
4.6
4.9
4.4
3.3
3.3
3.3
3.2
4.1
4.0
4.1
3.8
1.1
1.1
1.2
0.8
-8.2
-17.4
-8.0
-9.1
2.6
-5.1
2.7
1.5
9.8
2.2
9.3
10.6
8.8
6.8
7.4
13.5
14.3
5.4
13.6
16.1
-0.7
0.3
-0.9
0.0
-3.6
-3.2
-3.6
-3.5
-0.4
-1.4
0.6
-4.1
-6.2
-2.4
-5.2
-9.5

Wages
- (2)

4.1
4.0
5.3
4.7
3.2
3.4
3.3
3.0
4.0
3.2
4.1
1.9
1.6
2.3
1.8
1.4
-5.9
-7.5
-5.5
-5.8
2.6
-5.1
2.5
2.3
6.5
-4.3
6.1
8.9
6.8
-3.3
5.6
10.0
16.7
6.3
14.7
16.7
0.9
0.3
0.4
1.1
-3.1
-4.0
-3.3
-3.2
-1.4
-0.7
-0.2
-4.4
-6.6
-3.2
-5.6
-9.7

Wages
- (3)

3.9
4.3
4.8
2.0
3.3
3.3
3.3
3.2
5.9
4.3
6.0
5.7
1.0
1.1
1.2
0.8
-9.0
-22.6
-9.6
-8.5
2.6
-5.1
2.7
1.5
9.8
8.0
9.4
10.7
8.9
13.9
7.4
13.5
14.2
4.5
13.6
16.1
-0.7
0.3
-0.9
0.0
-3.6
-2.4
-3.6
-3.6
-0.4
-6.8
0.6
-4.6
-6.3
0.6
-5.2
-11.3

Wages
: .
(1) X .
(2) M .
(3) M .
( %)
Labour Cost Index in Manufacturing (y-o-y change %)
24.0

(1) Non-seasonally adjusted.
(2) Seasonally adjusted.
(3) Working day adjusted.
( %)
Labour Cost Index in Manufacturing (y-o-y change %)
20.0
15.0
16.0
10.0
8.0
5.0
0.0
0.0
-5.0
-8.0
-10.0
-16.0
38
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2009 Q1
2008 Q4
2008 Q3
2008 Q2
-
- Wages
2008 Q1
-15.0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Q1
-
Seasonally adjusted Labour Cost Index - Total
- Total excluding bonuses
- Wages
39
18. : , 2008 - 2011
Table 18. GREECE: INDICES OF ECONOMIC ACTIVITY, 2008 - 2011
(%)

2008
2009
2010
2011(1)(2)
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2011 Q1(3)
2011 Q2(2)

Latest available period
6.9
24.7
-1.0
-4.9
-3.5
2.4
-23.2
-32.6
-27.2
-21.7
-22.1
-5.1
6.0
29.1
3.9
-21.7
-11.2
-7.0
18.9
53.4
3.7
3.6
14.7
0.7
16.2
37.7
16.0
-24.4
8.9
6.4
6.1
28.9
0.4
-17.7
-0.7
-3.0
-9.4
16.9
-19.0
-39.2
-21.2
-12.9
7.1
27.2
8.0
-19.5
-24.4
-9.1
8.7
39.6
-2.8
-9.7
-18.4
-9.8
0.5
12.8
-5.0
-15.0
-20.4
-4.3
/July 2011
/July 2011
/July 2011
/July 2011
/July 2011
/July 2011
Turnover Index in Industry(4)

1. Energy(4)
2. Intermediate Goods(4)
3. Capital Goods(4)
4. Consumer Durables(4)
5. Consumer Non-durables(4)
. (4)
7.7
-22.2
-0.7
5.9
13.3
-1.6
-15.2
-4.1
-4.3
-6.5
/July 2011
Turnover Index in Industry for the Domestic Market(4)
. (4)
(4)
(4)
4.9
17.4
-2.0
-25.6
-29.5
-22.7
29.3
17.1
36.6
47.8
20.5
62.1
20.7
27.5
16.7
27.1
12.9
38.4
8.0
-10.0
13.9
36.8
14.0
45.5
41.2
18.5
56.6
13.9
20.8
9.6
/July 2011
/July 2011
/July 2011
Turnover Index in Industry for the Non-Domestic Market(4)

Eurozone countries(4)
Non-eurozone countries(4)
(4)
1. E
2. (4)
3. (4)
4. (4)
5. (4)
-1.9
0.0
-6.2
-8.9
-4.0
-28.1
-35.3
-21.0
-26.0
-5.0
4.2
18.4
-30.0
-2.5
-8.9
2.7
7.1
20.6
22.0
4.8
17.4
34.3
-24.8
-0.1
4.8
1.9
16.9
-32.6
-4.1
-10.6
-7.7
6.1
-48.3
-25.6
-13.0
-6.5
9.0
-46.0
-13.6
-9.1
-9.8
-5.7
-17.7
-2.6
-20.3
-5.5
0.9
-26.4
-7.9
-14.0
/July 2011
/July 2011
/July 2011
/July 2011
/July 2011
New Orders Index in Industry(4)

1. Energy
2. Intermediate Goods(4)
3. Capital Goods(4)
4. Consumer Durables(4)
5. Consumer Non-durables(4)
7.8
-0.5
13.8
-17.5
-24.1
-13.4
-31.6
-38.1
-28.0
-39.9
-44.4
-37.6
-23.3
-23.0
-23.5
-31.4
-36.1
-28.7
-37.1
-46.7
-32.2
-33.5
-46.2
-26.8
-32.7
-35.5
-30.8
-39.9
-44.4
-37.6
2011Q2
2011Q2
2011Q2
-15.6
-14.0
-11.1
-15.3
-3.1
-13.7
-15.6
-11.5
-48.4
5.1
10.2
6.5
3.1
-31.5
-22.8
-12.6
-33.3
-18.1
-8.5
-3.3
-10.9
1.5
-8.7
26.3
-13.6
-12.0
-2.6
1.2
-4.7
-14.8
-6.1
-8.7
-7.6
-8.7
-12.5
-1.3
-15.8
-32.3
-8.5
-3.7
-14.5
-17.4
-1.2
6.1
-10.6
1.5
-8.7
26.3
-13.6
2011Q2
2011Q2
2011Q2
2011Q2
3.5
-9.9
-24.5
-30.3
-12.8
-4.4
-31.7
-40.8
-42.8
-30.3
2011Q2
9.4
-8.9
-5.9
-10.8
5.2
-5.1
-14.7
-7.9
-13.3
-10.8
2011 Q2
(4)
2.2
-7.1
-5.0
-8.2
11.0
-2.8
-8.6
-17.2
-15.6
-8.2
/June 2011
3.2
-9.1
-8.2
-2.2
2.9
-10.2
-7.5
-15.8
-20.6
-2.2
2011Q2
(4)
1. (4)
2. (4)
3. (4)
4. (4)
5. (4)
( )

1.
2.
3.
4.
5. , ,
1. ,
,

2.

1.
2.
3.
4.
5.

(5)
(6)
Building Activity (number of building permits)

Turnover Index in the Transport Sector
1. Land transport and transport via pipelines
2. Water transport
3. Air transport
4. Warehousing and support activities for transportation
5. Travel agency, tour operator reservation service
and related activities
Turnover Index in Wholesale Trade
Turnover Index in Retail Trade(4)
Turnover Index in Accommodation and Food Service
Turnover index in Information and Communication
-0.8
1.4
-6.6
-30.1
-7.1
18.5
-22.6
-13.6
-20.1
-30.1
2011 Q2
3.3
-6.7
-2.1
-25.8
6.9
6.4
-3.5
-15.8
-23.0
-25.8
2011 Q2
1. Motion picture, video and television programme

production, sound recording and music publishing activities
2. Programming and broadcasting activities
-5.3
-1.0
9.2
20.5
8.2
-12.5
-8.9
-12.8
-16.5
18.4
-16.6
-11.4
-31.9
-5.3
1.2
-20.1
-11.1
-7.9
6.1
-19.1
-8.9
-6.5
-6.0
0.4
5.3
-14.5
-8.5
-30.2
-8.7
9.9
-30.6
-7.7
-49.1
-3.7
-15.5
-12.2
-22.7
-36.0
-8.9
6.5
-23.8
-13.3
-26.8
-10.2
-6.1
-20.1
-11.1
-7.9
6.1
-19.1
2011 Q2
2011 Q2
2011 Q2
2011 Q2
2011 Q2
Turnover Index for specic activities of the Services Sector

1. Publishing activities
2. Telecommunications
3. Computer programming, consultancy and related activities
4. Employment activities
5. Cleaning activities
1.7
0.5
-3.3
-5.0
-2.0
0.3
-1.4
-9.9
-2.8
-5.0
2011 Q2
Index of Number of Persons Employed in Retail Trade
-1.4
-6.4
0.6
13.1
-5.3
-5.4
5.8
-4.3
13.1
2011 Q1
Non-resident arrivals from abroad(5)
-15.5
6.9
-1.2
3.5
206.9
106.4
-5.6
-24.8
-16.4
/May
: .
(1) .
(2) .
(3) .
(4) .
(5) : .
(6) : ().
40
/May 2011
Production Index in Construction

Building construction
Civil engineering
Museum and archaeological site attendance(6)
Source: ELSTAT.
(1) Latest available data.
(2) Contains provisional gures.
(3) Contains revised estimates as compared with gures previously released in this publication.
(4) Quarterly data refer only to the last month of the quarter.
(6) Source: Archaeological Receipts Fund.
41
19. : (1), . (2) (3)(4), 2008 - 2011

Table 19. GREECE: CPI(1), HICP(2) AND CORE INFLATION(3)(4), 2008 - 2011
(%)
Changes (%)

%
Monthly rates of change

Year and month
CPI
.
HICP
Core
Ination

%
Annual rates of change
CPI
.
HICP
Core
Ination

%
Annual average rates of change
CPI
.
HICP
Core
Ination
2008: 1
2
3
4
5
6
7
8
9
10
11
12
-0.3
-0.8
2.3
0.6
0.7
-0.1
-0.8
-0.9
2.0
0.0
-0.3
-0.5
-0.3
-1.0
2.3
0.8
0.7
0.0
-0.8
-1.1
2.1
0.0
-0.2
-0.3
-0.9
-1.5
2.9
0.4
0.7
0.1
-1.0
-1.1
2.7
0.4
0.3
0.5
3.9
4.4
4.4
4.4
4.9
4.9
4.9
4.7
4.6
3.9
2.9
2.0
3.9
4.5
4.4
4.4
4.9
4.9
4.9
4.8
4.7
4.0
3.0
2.2
1.9
2.3
2.5
2.6
3.1
3.0
3.0
3.0
3.3
3.3
3.4
3.5
3.0
3.1
3.3
3.5
3.6
3.8
4.0
4.2
4.3
4.4
4.3
4.2
3.1
3.2
3.3
3.5
3.7
3.9
4.1
4.2
4.4
4.5
4.4
4.2
2.7
2.6
2.6
2.6
2.6
2.6
2.6
2.7
2.7
2.8
2.8
2.9
2009: 1
2
3
4
5
6
7
8
9
10
11
12
-0.5
-0.9
2.0
0.3
0.2
-0.1
-0.7
-0.7
1.9
0.5
0.5
0.2
-0.5
-1.1
2.0
0.4
0.2
-0.1
-0.7
-0.8
1.9
0.5
0.6
0.1
-1.0
-1.6
2.8
-0.1
0.1
0.0
-1.0
-1.0
2.7
0.4
0.4
0.5
1.8
1.6
1.3
1.0
0.5
0.5
0.6
0.8
0.7
1.2
2.0
2.6
2.0
1.8
1.5
1.1
0.7
0.7
0.7
1.0
0.7
1.2
2.1
2.6
3.4
3.3
3.1
2.6
2.0
1.9
2.0
2.1
2.1
2.1
2.2
2.2
4.0
3.7
3.5
3.2
2.8
2.4
2.1
1.8
1.4
1.2
1.2
1.2
4.1
3.8
3.6
3.3
3.0
2.6
2.3
1.9
1.6
1.4
1.3
1.3
3.0
3.1
3.2
3.2
3.1
3.0
2.9
2.8
2.7
2.6
2.5
2.4
2010: 1
2
3
4
5
6
7
8
9
10
11
12
-0.7
-0.5
3.1
1.2
0.8
-0.3
-0.5
-0.7
1.9
0.2
0.2
0.4
-0.8
-0.6
3.1
1.2
0.8
-0.2
-0.4
-0.7
1.9
0.1
0.2
0.5
-1.6
-1.6
3.5
0.6
0.2
-0.1
-0.8
-1.2
2.8
0.3
0.1
0.1
2.4
2.8
3.9
4.8
5.4
5.2
5.5
5.5
5.6
5.2
4.9
5.2
2.3
2.9
3.9
4.7
5.3
5.2
5.5
5.6
5.7
5.2
4.8
5.2
1.7
1.7
2.4
3.0
3.2
3.0
3.2
3.0
3.1
3.0
2.6
2.2
1.3
1.4
1.6
1.9
2.3
2.7
3.1
3.5
3.9
4.3
4.5
4.7
1.4
1.5
1.7
2.0
2.3
2.7
3.1
3.5
3.9
4.3
4.5
4.7
2.3
2.2
2.1
2.1
2.2
2.3
2.4
2.5
2.6
2.6
2.7
2.7
2011: 1
-0.7
-1.0
-2.0
5.2
2
-1.3
-1.3
-2.3
4.4
3
3.3
3.2
4.1
4.5
4
0.6
0.7
0.4
3.9
5
0.2
0.2
0.2
3.3
6
-0.2
-0.2
0.0
3.3
7
-1.4
-1.4
-2.0
2.4
8
-1.4
-1.4
-2.0
1.7
: .
(1) : ().
(2) . : .
(3) : , , , .
(4) : .
42
%

Annual average rates of change %
5.0
4.0
3.0
2.0
1.0
- CPI
. - HICP
- Core Inflation
0.0
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
%
Annual rates of change %
6.0
- CPI
. - HICP
- Core Inflation
5.0
4.0
3.0
2.0
1.0
0.0
-1.0
2008
2009
2010
2011
4.9
1.7
4.9
4.9
2.7
4.2
1.0
5.1
5.0
2.6
4.3
1.6
5.1
5.0
2.5
3.7
1.5
5.0
5.0
2.4
3.1
1.4
4.9
4.8
2.3
3.1
1.5
4.7
4.6
2.1
2.1
0.3
4.4
4.3
1.9
1.4
-0.5
4.1
4.0
1.6
Source: Economic and Short-Term Indices Division ELSTAT.
(1) CPI: Consumer Price Index.
(2) HICP: Harmonized Index of Consumer Prices.
(3) Core Ination: CPI excluding food, beverages, tobacco and energy.
43
20. : , 2004 - 2010(1)
Table 20. GREECE: EXTERNAL TRADE BALANCE, 2004 - 2010(1)
In billion
2004
2005
2006
2007
2008
2009
2010
44.49
42.52
39.24
45.99
44.61
38.23
50.54
47.83
41.03
57.36
54.71
47.54
62.94
60.62
49.70
49.80
46.05
41.59
48.07
45.11
36.78
Imports - Arrivals
Including the value of ships
Excluding the value of ships
Excluding oil products and including the value of ships
13.00
12.92
12.12
14.78
14.59
13.38
16.44
16.39
14.29
17.15
17.07
15.07
17.94
17.73
15.91
14.69
14.61
13.40
16.28
16.17
14.55
Exports - Dispatches
-31.48
-29.60
-27.12
-31.21
-30.02
-24.84
-34.10
-31.45
-26.74
-40.21
-37.64
-32.47
-45.01
-42.89
-33.79
-35.12
-31.44
-28.19
-31.78
-28.94
-22.23
Trade Balance including the value of ships

Trade Balance excluding the value of ships
Trade Balance excluding oil products and including the value of ships
24.01
7.02
-16.99
23.61
7.59
-16.02
23.92
7.78
-16.14
25.26
7.55
-17.71
26.57
7.57
-19.00
21.19
6.25
-14.94
20.88
7.07
-13.81
Imports as percentage of GDP

Exports as percentage of GDP
External Trade Balance as percentage of GDP
( %)
-

7.5
11.7
7.6
3.4
4.9
-2.6
9.9
7.2
7.3
13.5
14.4
15.9
9.7
10.8
4.5
-20.9
-24.0
-16.3
-3.5
-2.0
-11.6
Imports - Arrivals
4.6
4.4
3.7
13.7
12.9
10.4
11.2
12.3
6.7
4.4
4.2
5.5
4.6
3.9
5.6
-18.1
-17.6
-15.8
10.9
10.7
8.6
B. Exports - Dispatches
8.7
-0.9
9.3
17.9
11.9
-22.0
-9.5
Trade decit including the value of ships
15.2
9.4
1.4
-8.4
4.8
7.6
19.7
21.4
13.9
4.1
-26.7
-16.6
-7.9
-21.2
: .
(1) .
- ( . )
Imports - Arrivals (in bil. )
Source: Trade and Services Statistics Division and National Accounts Division ELSTAT.
- ( . )
Exports - Dispatches (in bil. )
70.0
20.0
60.0
18.0
50.0
16.0
40.0
14.0
30.0
12.0
Trade decit excluding the value of ships

Trade decit excluding oil products and including the value of ships
( . )
Trade balance (in bil. )
-10.0
-20.0
-30.0
20.0
2004
2005
2006
2007
2008
2009



xcluding oil products and including the value of ships
44
2010
-40.0
10.0
-50.0
2004
2005
2006
2007
2008
2009
2010



2004
2005
2006
2007
2008
2009
2010

Trade balance including the value of ships

Trade balance excluding the value of ships

45
21. : , , 2008 - 2011(1)
Table 21. GREECE: EXTERNAL TRADE BALANCE, QUARTERLY DATA, 2008 - 2011(1)
In billion
2008 Q1
2008 Q2
2008 Q3
2008 Q4
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2011 Q1
2011 Q2(2)
15.16
14.57
11.59
16.68
16.15
13.33
16.12
15.66
12.37
14.98
14.24
12.42
12.23
11.15
10.42
12.62
11.27
10.75
12.59
11.87
10.28
12.35
11.76
10.14
12.94
12.06
10.16
12.00
11.07
9.25
11.26
10.65
8.35
11.87
11.33
9.02
11.33
10.87
8.29
10.06
9.75
8.21
Imports - Arrivals
4.10
4.08
3.74
4.73
4.69
4.13
4.68
4.66
4.10
4.43
4.30
3.94
3.41
3.40
3.14
3.94
3.92
3.60
3.62
3.60
3.26
3.71
3.70
3.41
3.47
3.45
3.24
4.03
3.99
3.63
3.67
3.66
3.33
5.11
5.07
4.35
4.65
4.64
3.67
5.88
5.86
4.00
ncluding the value of ships
Excluding oil products and including the value of
ships
-11.06
-11.95
-11.44
-10.55
-8.82
-8.68
-8.98
-8.64
-9.46
-7.97
-7.59
-6.76
-6.68
-4.18
Trade Balance including the value of ships
-10.49
-7.85
-11.46
-9.19
-11.00
-8.27
-9.94
-8.47
-7.75
-7.29
-7.35
-7.15
-8.27
-7.02
-8.06
-6.73
-8.61
-6.92
-7.08
-5.62
-6.99
-5.02
-6.26
-4.68
-6.23
-4.62
-3.89
-4.21
Trade Balance excluding the value of ships

Trade Balance excluding oil products and including
the value of ships
( %)
-

7.9
9.8
-2.0
22.3
25.2
14.3
11.8
14.5
3.4
-1.8
-4.3
2.6
-19.3
-23.5
-10.0
-24.4
-30.2
-19.3
-21.9
-24.2
-16.9
-3.7
-4.0
-1.1
13.8
13.6
14.5
8.3
8.3
11.7
0.2
-2.0
-1.8
-16.9
-16.6
-16.0
-16.6
-16.5
-12.9
-22.7
-22.9
-20.6
12.9
26.0
13.2
-2.6
-20.2
-27.4
16.2
30.7
17.4
-5.3
-26.1
-2.4
14.2
-0.3
4.8
-7.2
5.7
8.2
-2.5
-4.9
-1.8
-14.0
-10.6
-10.2
-18.8
-3.9
-3.6
-11.0
-12.4
-9.9
-18.4
-16.1
-14.0
-13.6
1.9
1.5
3.4
2.1
1.8
0.7
1.5
1.8
2.4
37.6
37.2
27.6
33.8
34.3
13.2
-21.5
-18.1
7.2
-8.1
-15.4
-21.8
-29.4
Trade decit including the value of ships
-35.8
-24.8
-18.9
11.1
-3.7
-15.5
-22.4
-27.6
Trade decit excluding the value of ships
-22.2
-15.1
-20.6
-5.1
-21.5
-28.6
-30.5
-33.2
: .
(1) .
(2) , , , , .
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
- Change
3 - 3-month moving average
2009 Q1
-50.0
2011 Q1
-30.0
2010 Q4
-40.0
2010 Q3
-20.0
2010 Q2
-30.0
2010 Q1
-20.0
2009 Q4
0.0
-10.0
2008 Q4
-10.0
2009 Q3
2011 Q1
2010 Q4
2010 Q2
2010 Q3
2009 Q4
2010 Q1
2009 Q2
2009 Q3
2008 Q4
2009 Q1
2008 Q3
2008 Q1
46
2008 Q2
-30.0
0.0
10.0
2009 Q2
-20.0
20.0
2009 Q1
-10.0
10.0
2008 Q4
0.0
Trade decit excluding oil products and including

the value of ships
20.0
30.0
2008 Q3
10.0
-25.1
30.0
- Change
40.0
2008 Q2
20.0
10.2
Excluding oil products and including the value of
ships
,
( %)
Trade decit, including
the value of ships (change %)
2008 Q3
50.0
- Change
- ,
( %)
Exports - Dispatches, including
2008 Q1
30.0
- ,
( %)
Imports - Arrivals, including
-22.9
Source: Trade and Services Statistics Division ELSTAT.

(2) The data are not comparable with the corresponding quarter of the previous year, due to the fact that the incomplete customs declarations,
relating mostly to oil products, have not yet been nalized and incorporated.
2008 Q2
Imports - Arrivals
-17.5
-17.4
-18.4
2008 Q1
47
22. : - , - , / ,
, 2004 - 2010(1)
Table 22. GREECE: IMPORTS - ARRIVALS, EXPORTS - DISPATCHES, BY AREA OF ORIGIN / DESTINATION,
INCLUDING OIL PRODUCTS, 2004 - 2010(1)
In billion
2004
2005
2006
2007
2008
2009
2010
26.30
18.18
44.49
26.69
19.30
45.99
27.60
22.94
50.54
32.33
25.03
57.36
34.27
28.68
62.94
28.13
21.68
49.80
24.49
23.58
48.07
Imports - Arrivals
European Union
Third countries
TOTAL
7.13
5.87
13.00
8.19
6.59
14.78
8.93
7.51
16.44
11.13
6.02
17.15
11.70
6.23
17.94
9.31
5.37
14.69
10.17
6.11
16.28
European Union
Third countries
TOTAL
( %)
-

11.5
2.2
7.5
1.5
6.1
3.4
3.4
18.9
9.9
17.1
9.1
13.5
6.0
14.6
9.7
-17.9
-24.4
-20.9
-12.9
8.8
-3.5
Imports - Arrivals
European Union
Third countries
TOTAL
12.8
-3.8
4.6
14.8
12.3
13.7
9.1
13.8
11.2
24.6
-19.7
4.4
5.2
3.5
4.6
-20.4
-13.8
-18.1
9.2
13.7
10.9
European Union
Third countries
TOTAL
: .
(1) .

E - ( . )
Exports - Dispatches including oil products (in bil. )
- ( . )
Imports - Arrivals including oil products (in bil. )
40.0
15.0
12.0
30.0
9.0
20.0
6.0
- European Union
- Third countries
10.0
0.0
48
2004
2005
2006
2007
2008
- European Union
- Third countries
3.0
2009
2010
0.0
2004
2005
2006
2007
2008
2009
2010
49
23. : - , - , / ,
, 2004 - 2010(1)
Table 23. GREECE: IMPORTS - ARRIVALS, EXPORTS - DISPATCHES, BY AREA OF ORIGIN / DESTINATION,
CLUDING OIL PRODUCTS, 2004 - 2010(1)
In billion
2004
2005
2006
2007
2008
2009
2010
26.07
13.17
39.24
26.37
11.85
38.23
27.33
13.70
41.03
24.68
15.56
40.24
33.79
15.91
49.70
27.85
13.75
41.59
24.12
12.66
36.78
Imports - Arrivals
European Union
Third countries
TOTAL
7.05
5.07
12.12
8.01
5.38
13.38
8.50
5.79
14.29
10.62
4.46
15.07
10.68
5.23
15.91
8.73
4.67
13.40
9.52
5.03
14.55
European Union
Third countries
TOTAL
-17.6
-13.6
-16.3
-13.4
-7.9
-11.6
Imports - Arrivals
European Union
Third countries
TOTAL
-18.3
-10.7
-15.8
9.1
7.7
8.6
( %)
-

11.3
0.9
7.6
-

12.6

-6.5
3.7
: .
(1) .
- , ( . )
Imports - Arrivals excluding oil products (in bil. )
12.0
30.0
9.0
20.0
6.0
0.0
50
2005
2006
2007
2008
-9.7
13.6
-1.9
13.7
6.0
10.4
6.1
7.7
6.7
24.9
-23.0
5.5
36.9
2.3
23.5
0.6
17.3
5.6
European Union
Third countries
TOTAL
3.0
- European Union
- Third countries
2004
3.6
15.6
7.3
E - , ( . )
Exports - Dispatches excluding oil products (in bil. )
40.0
10.0
1.2
-10.0
-2.6
- European Union
- Third countries
2009
2010
0.0
2004
2005
2006
2007
2008
2009
2010
51
24. : - , - , / ,
, , 2008 - 2011(1)
TABLE 24. GREECE: IMPORTS - ARRIVALS, EXPORTS - DISPATCHES, BY AREA OF ORIGIN / DESTINATION,
CLUDING OIL PRODUCTS, QUARTERLY DATA, 2008 - 2011(1)
In billion
2008 Q1
2008 Q2
2008 Q3
2008 Q4
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2011 Q1
2011 Q2(2)
8.32
6.84
15.16
9.16
7.52
16.68
8.55
7.57
16.12
8.23
6.75
14.98
6.75
5.49
12.23
6.86
5.76
12.62
7.19
5.41
12.59
7.33
5.02
12.35
6.55
6.39
12.94
6.01
5.99
12.00
5.72
5.54
11.26
6.22
5.65
11.87
5.63
5.70
11.33
5.82
4.24
10.06
Imports - Arrivals
European Union
Third countries
TOTAL
2.78
1.32
4.10
3.26
1.47
4.73
2.93
1.75
4.68
2.73
1.69
4.43
2.20
1.21
3.41
2.45
1.49
3.94
2.27
1.34
3.62
2.39
1.33
3.71
2.27
1.20
3.47
2.61
1.41
4.03
2.41
1.26
3.67
2.88
2.23
5.11
2.72
1.93
4.65
2.76
3.12
5.88
European Union
Third countries
TOTAL
( %)
-

7.6
8.3
7.9
17.2
29.1
22.3
6.2
18.8
11.8
-5.7
3.6
-1.8
-18.9
-19.8
-19.3
-25.1
-23.4
-24.4
-16.0
-28.5
-21.9
-10.9
-25.6
-17.5
-3.0
16.4
5.7
-12.4
4.0
-4.9
-20.4
2.5
-10.6
-15.2
12.6
-3.9
-14.1
-10.7
-12.4
Imports - Arrivals
European Union
Third countries
TOTAL
1.2
-12.5
-3.7
22.2
-1.3
13.8
6.1
12.3
8.3
-7.4
15.4
0.2
-18.9
-8.4
-16.9
-25.1
1.6
-16.6
-16.0
-23.2
-22.7
-10.9
-21.7
-16.1
-3.0
-0.7
1.9
-12.4
-5.1
2.1
-20.4
-6.1
1.5
-15.2
68.0
37.6
-14.1
60.7
33.8
European Union
Third countries
TOTAL
: .
(1) .
(2) , , , , .
4.0
8.0
3.0
6.0
2.0
- European Union
- Third countries
4.0
1.0
- European Union
- Third countries
2011 Q2
2010 Q4
2011 Q1
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2009 Q1
2008 Q4
2008 Q3
2008 Q2
2011 Q2
2010 Q4
2011 Q1
2010 Q3
2010 Q1
2010 Q2
2009 Q3
2009 Q4
2009 Q1
2009 Q2
2008 Q4
2008 Q2
2008 Q3
0.0
2008 Q1
2.0
52
E - , ( . )
Exports - Dispatches including oil products (in bil. )
2008 Q1
10.0
- , ( . )
Imports - Arrivals including oil products (in bil. )

(2) The data are not comparable with the corresponding quarter of the previous year, due to the fact that the incomplete customs declarations,
relating mostly to oil products, have not yet been nalized and incorporated.
53
25. : - , - , / ,
, , 2008 - 2011(1)
TABLE 25. GREECE: IMPORTS - ARRIVALS, EXPORTS - DISPATCHES, BY AREA OF ORIGIN / DESTINATION,
EXCLUDING OIL PRODUCTS, QUARTERLY DATA, 2008 - 2011(1)
In billion
2008 Q1
2008 Q2
2008 Q3
2008 Q4
2009 Q1
2009 Q2
2009 Q3
2009 Q4
2010 Q1
2010 Q2
2010 Q3
2010 Q4
2011 Q1
2011 Q2
8.24
3.35
11.59
9.02
4.31
13.33
8.42
3.95
12.37
8.12
4.30
12.42
6.70
3.73
10.42
6.79
3.96
10.75
7.09
3.19
10.28
7.27
2.87
10.14
6.45
3.71
10.16
5.93
3.32
9.25
5.63
2.72
8.35
6.11
2.92
9.02
5.53
2.76
8.29
5.65
2.55
8.21
Imports - Arrivals
European Union
Third countries
TOTAL
2.63
1.11
3.74
2.88
1.26
4.13
2.64
1.46
4.10
2.54
1.41
3.94
2.08
1.06
3.14
2.32
1.28
3.60
2.11
1.15
3.26
2.23
1.18
3.41
2.19
1.05
3.24
2.39
1.24
3.63
2.28
1.05
3.33
2.66
1.68
4.35
2.57
1.10
3.67
2.61
1.39
4.00
European Union
Third countries
TOTAL
( %)
-

7.3
-19.1
-2.0
16.3
10.2
14.3
6.4
-2.4
3.4
-6.1
24.4
2.6
-18.7
11.4
-10.0
-24.7
-8.1
-19.3
-15.8
-19.3
-16.9
-10.5
-33.3
-18.4
-3.6
-0.6
-2.5
-12.8
-16.2
-14.0
-20.6
-14.8
-18.8
-16.0
1.6
-11.0
-14.3
-25.5
-18.4
-0.4
-2.7
-1.1
11.8
21.2
14.5
0.2
41.1
11.7
-8.4
12.6
-1.8
-21.1
-4.0
-16.0
-19.5
2.3
-12.9
-20.1
-21.5
-20.6
-12.1
-16.4
-13.6
5.5
-0.8
3.4
3.0
-3.4
0.7
8.2
-8.4
2.4
19.4
43.1
27.6
17.5
4.1
13.2
: .
(1) .
2011 Q2
2011 Q1
2010 Q4
2010 Q3
2010 Q2
2010 Q1
2009 Q4
2009 Q3
2009 Q2
2008 Q4
2011 Q1
2011 Q2
2010 Q3
2010 Q4
2010 Q1
2010 Q2
2009 Q4
2009 Q2
2009 Q3
2008 Q4
0.0
2009 Q1
2.0
2008 Q2
1.0
2008 Q3
4.0
2008 Q1
2.0
2008 Q3
3.0
6.0
54
- European Union
- Third countries
2008 Q2
8.0
European Union
Third countries
TOTAL
E - , ( . )
Exports - Dispatches excluding oil products (in bil. )
2009 Q1
4.0
- European Union
- Third countries
9.4
11.8
10.2

2008 Q1
10.0
- , ( . )
Imports - Arrivals excluding oil products (in bil. )
Imports - Arrivals
European Union
-4.6
Third countries
-23.0
TOTAL
-11.2
55
26. : (), 2005 - 2011

./Dec.
2005
./Dec.
2006
./Dec.
2007
./Dec.
2008
./Dec.
2009
./Dec.
2010
Table 26. GREECE: AGGREGATED BALANCE SHEET OF MONETARY FINANCIAL INSTITUTIONS (MFIs), 2005 - 2011
I./Jan.
2011
In billion
./Feb. ./March A./April M/May I./June I./July

2011
2011
2011
2011
2011
2011

( )

()

(1)

318.5
2.2
4.4
44.1
163.2
158.7
21.7
137.0
4.5
66.7
32.6
5.3
356.9
2.6
4.6
51.3
182.3
177.5
20.7
156.9
4.8
73.9
36.6
5.6
434.8
2.7
7.2
76.8
213.9
205.7
22.0
183.7
8.2
83.8
45.2
5.2
536.3
2.7
7.9
130.3
235.0
222.4
22.0
200.4
12.6
96.1
59.1
5.2
579.9
2.5
8.2
163.2
222.8
209.8
20.3
189.5
13.0
116.7
61.1
5.4
654.6
2.1
10.6
186.0
289.0
282.5
26.3
256.2
6.5
101.2
60.7
5.0
643.6
2.0
4.2
181.9
283.9
277.6
22.4
255.2
6.3
104.5
62.1
5.0
638.3
2.0
4.4
178.6
282.7
276.5
21.4
255.1
6.1
103.2
62.5
5.0
629.0
2.1
9.9
167.8
281.1
274.9
21.1
253.8
6.2
101.3
62.0
5.0
623.1
2.0
4.1
167.1
279.8
273.8
21.6
252.1
6.1
103.2
61.9
4.9
634.5
2.2
2.9
179.9
279.4
273.1
21.5
251.7
6.3
102.0
63.1
4.9
660.0
2.2
10.8
186.0
279.7
273.2
21.2
252.0
6.4
113.2
63.2
4.9
651.0
2.5
6.9
180.3
280.6
274.0
21.2
252.8
6.6
98.4
77.3
4.9
Total Assets
Cash (held by credit institutions)
Claims on Bank of Greece
Claims on the other MFIs
Claims (Loans) on non-MFIs
Domestic
General government
Other sector(1)
Other countries
Securities other than shares and derivatives
Other assets
Fixed assets
318.5
2.4
49.1
189.7
166.7
23.0
23.4
14.4
39.6
356.9
4.9
57.9
213.2
181.8
31.4
25.6
16.0
39.4
434.8
8.8
88.0
249.9
206.1
43.8
29.7
16.9
41.4
536.3
40.6
121.9
282.0
237.4
44.5
29.0
19.0
43.9
579.9
49.7
149.4
280.8
246.7
34.1
40.5
21.6
37.8
654.6
97.8
164.7
282.5
225.1
57.4
45.4
22.5
41.6
643.6
94.6
154.7
283.9
226.6
57.3
45.1
22.0
43.3
638.3
90.6
156.0
280.4
223.0
57.4
45.5
22.0
43.9
629.0
88.0
148.8
279.5
221.9
57.6
46.1
22.1
44.5
623.1
86.9
147.5
272.2
216.3
55.9
46.2
22.3
47.9
634.5
97.6
160.2
258.3
204.3
54.0
46.5
22.4
49.4
660.0
103.1
173.6
251.9
199.7
52.2
48.5
22.6
60.2
651.0
96.4
161.3
262.0
209.6
52.5
47.3
22.9
61.2
Total Liabilities
Liabilities to Bank of Greece
Liabilities to other MFIs
Deposits and repos of non-MFIs
Domestic
Other countries
Capital and reserves
Banknotes and coins in circulation
Other liabilities

3
(2)
(2)
175.6
149.9
56.7
193.6
179.5
53.8
219.9
215.4
48.6
251.4
249.7
48.2
261.1
249.7
63.0
232.9
257.8
78.2
228.8
256.9
77.2
226.9
256.7
76.8
223.2
255.4
74.1
221.3
253.7
74.6
216.6
253.2
75.6
212.8
253.5
77.5
211.5
254.2
77.0
Money and credit

M3
Credit to the private sector(2)
Credit to General Government sector(2)
7.9
15.1
21.2
15.3
11.5
10.6
21.1
-2.7
13.8
14.4
21.5
-8.8
12.4
13.5
15.9
1.3
4.1
4.8
4.2
19.4
-11.2
-9.8
0.0
28.3
-10.5
-8.9
-0.1
20.1
-9.5
-8.2
-0.3
15.3
-9.8
-7.4
-0.4
8.7
-8.2
-7.1
-0.5
1.3
-8.9
-12.0
-1.1
5.3
-10.2
-12.7
-1.2
9.3
-9.6
-7.5
-1.2
4.1
( %)
3
(3)

(3)
(3)
: .
(1) 2010,
. . .
(2) .
.
(3) ,
, .
56
(Annual change %)
M3
(3)
Domestic deposits
Credit to the private sector(3)
Credit to General Government sector(3)
Source: Bank of Greece.

(1) From June 2010 onwards, securitized assets are no longer derecognised from the Balance Sheet of the Banks that have adopted the International Accounting Standards. These securitized assets are no longer subtracted from the Assets of the Balance Sheet. Correspondingly, on
the Liabilities side, securitization obligations are included in the category "deposits from the non-euro area non-MFIs".
(2) Credit to domestic non-MFI residents by domestic MFIs, including securitized loans and corporate bonds.
(3) Growth rates are calculated on the basis of the dierences of outstanding amounts adjusted for reclassications, revaluations, exchange rate
valuation dierences and other changes which do not arise from transactions.
57

Greek Economy 23-9-2011

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Greek Economy 23-9-2011

Uploaded by

Copyright:

Available Formats

EHNIKH HMOKPATIA

Table 1. Selected conomic ndicators, 2001 - 2010

Table 3. Gross Domestic Product at constant prices of 2000,

Table 1. GREECE: SELECTED ECONOMIC INDICATORS, 2001 - 2010

(% change, unless otherwise indicated)

Public nance (General Government)(5)

(% change, unless otherwise indicated)

Source: ELSTAT, unless otherwise indicated.

Table 2. GREECE: GROSS DOMESTIC PRODUCT AT CURRENT PRICES, 2000 - 2010(1)

GROSS DOMESTIC PRODUCT at market prices

Source: National Accounts Division ELSTAT.

3. : 2000, 2001 - 2010(1)

GROSS DOMESTIC PRODUCT at market prices

Source: National Accounts Division ELSTAT.

Table 4. GREECE: GROSS DOMESTIC PRODUCT, 2001 - 2010(1)

Annual volume changes (%)

GROSS DOMESTIC PRODUCT at market prices

Source: National Accounts Division ELSTAT.

Table 5. GREECE: GROSS DOMESTIC PRODUCT, QUARTERLY DATA, 2008 - 2011(1)

In million . At current prices. on-seasonally adjusted data

GROSS DOMESTIC PRODUCT at market prices

Source: National Accounts Division ELSTAT.

Table 6. GREECE: GROSS DOMESTIC PRODUCT, QUARTERLY DATA, 2008 - 2011(1)

In million . At constant prices of 2000. on-seasonally adjusted data

GROSS DOMESTIC PRODUCT at market prices

Source: National Accounts Division ELSTAT.

GROSS DOMESTIC PRODUCT at market prices

Source: National Accounts Division ELSTAT.

Chain-linked volume. Non-seasonally adjusted data

Table 7. GREECE: GROSS DOMESTIC PRODUCT, QUARTERLY DATA, 2008 - 2011(1)

Table 8. GREECE: MAIN AGGREGATES OF GENERAL GOVERNMENT, 2000 - 2010(1)

Gross debt (Maastricht)(5)

(As percentage of GDP)

Gross debt (Maastricht)(5)

GDP at market prices (in million )

Source: National Accounts Division ELSTAT.

( ) - Total Revenue (left scale)

( ) - Primary expenditure (left scale)

(As percentage of Revenues)

(As percentage of total Expenditure)

Year-on-year percent change(4)

Gross debt (Maastricht)(3)

Source: National Accounts Division ELSTAT.

- Taxes on production and imports

10. : , 2000 - 2011

Table 10. GREECE: GENERAL GOVERNMENT DEBT, 2000 - 2011

Nominal value of debt outstanding at end of year

Currency and deposits

(As percrentage of Debt)

Source: National Accounts Division ELSTAT.

2005 1st Quarter

2006 1st Quarter

2007 1st Quarter

2008 1st Quarter

2009 1st Quarter

2010 1st Quarter

2011 1st Quarter

Source: Population and Labour Market Statistics Division ELSTAT.

, - Agriculture, forestry and fishing

Source: Population and Labour Market Statistics Division ELSTAT.

Agriculture, forestry and shing

13. : 15 , , 2000 - 2011

(Absolute numbers in thousands)

(In percent of total)