Lewes, DE — 12/20/2017 — As per International Monetary Fund (IMF) Greece's nominal gross domestic product is expected to grow at a CAGR of 3.04% from it's 2015 level of Euro 175.697 billion and reach Euro 216.71 billion by 2022.
Greece, officially the Hellenic Republic, is a country in Southern Europe. According to the 2011 census, Greece's population is around 11 million. Athens is the nation's capital and largest city. Major economy boosters and industries in Greece are tourism, food and tobacco processing, textiles, chemicals, metal products, mining, petroleum. Tourism has become a booming industry Industrial production growth rate, with 5.8% in 2010 and the steady climb is recorded with the current market economical conditions.
Greece had population of 10.851 million in the year 2016 and expected to reach 10.758 million by 2022. Greece's 3.36 million was employed in 2016 and the unemployment rate was 23.759% of total labor force.
Greece's real gross domestic product (GDP) was around Euro 184.49 billions in 2016 whereas the nominal GDP was Euro 175.535 billions. This resulted in GDP deflator 95.146. Per capita GDP was at USD 17900.73 whereas purchasing power parity (PPP) based per capita GDP was at USD 26.669.10. The output gap for Greece in 2016 was negative at 4.815% of the potential GDP.
In 2016, Greece government's revenue was Euro 88.29 billions whereas the expenditure was Euro 88.212 billions. This resulted Greece government's net lending / borrowing at Euro 0.077 billion in 2016 indicating that enough financial resources were made available by the government to boost economic growth.
The current account balance for Greece was negative at USD 1.221 billions for the year 2016 and for next two years it is expected to remain negative. After 2018 the current account balance is expected to grow and reach 0.218 by 2022.
Scope of the Greece PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
– These reports provide information about key macroeconomic indicators for Greece.
– These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Greece.
– These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Greece.
– These reports provide risk analysis for Greece.
For more information and to purchase Greece PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/greece-pestel-analysis-market-research-report
For more information and to purchase Greece SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/greece-swot-analysis-market-research-report
For more information and to purchase Greece Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/greece-risk-analysis-market-research-report
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