Greeceā€™s economy is growing again, and the recovery is expected to strengthen as investment rebounds and consumption growth rises. The labour market is recovering fast and unemployment is expected to decline further, although average wages may increase only gradually. Public finances remain on track to meet the primary surplus targets agreed under the ESM programme.

Indicators 2016 2017 2018 2019
GDP growth (%, yoy) -0,2 1,6 2,5 2,5
Inflation (%, yoy) 0,0 1,2 0,8 1,3
Unemployment (%) 23,6 21,8 20,4 18,7
Public budget balance (% of GDP) 0,5 -1,2 0,9 0,8
Gross public debt (% of GDP) 180,8 179,6 177,8 170,1
Current account balance (% of GDP) -0,6 -0,2 0,4 1,0

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