-|New Updated and Official Data for Greece’s GDP (Seasonally and calendar adjusted figures)|-


According to the official (final) and seasonally-calendar adjusted figures of the Hellenic Statistical Authority (ELSTAT) announced on May 29, 2015 in the 1st quarter of 2015 the Gross Domestic Product of Greece (GDP) increased by 0.4% in comparison with the 1st quarter of 2014 (y-o-y). Therefore, despite the Greek economy and real market experienced – and continues to experience – very serious liquidity problems, GDP growth rate on annual basis remained positive during the said period (January-March, 2015) even though very low. In other words, Greece’s GDP growth rate in annual basis for the 1st quarter of 2015 decreased in comparison to the previous one (4th quarter of 2014) from +1.30% to +0.40% but Greece did not slip back into recession.

Note: GDP is calculated at constant prices (2010)

-|| Greece’s GDP annual growth rate (y-o-y) ||-

2006 -> +5.73%

2007 -> +3.38%

___________

2008 -> -0.43%

2009 -> -4.35%

2010 -> -5.33%

2011 -> -8.85%

2012 -> -6.60%

2013 -> -3.98%

2014 -> +0.80%

Q1-2015 -> +0.40% (οn annual basis) [Last figures published on May 29, 2015]

For further info here:

http://www.statistics.gr/portal/page/portal/ESYE/BUCKET/A0704/PressReleases/A0704_SEL84_DT_QQ_01_2015_01_P_EN.pdf

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About Christos Ghikas

Financial Analyst/Investment Consultant. Strongly interested in Capital/Financial Markets, RES/Energy Project Portfolio Management, Investment and Population Analysis (Economics/Demographics). Ι state that it is better to fight for something than live for nothing. Therefore, life to me is a perpetual fight... Personal Web Profile: http://about.me/ghikaschristos, Personal E-mail: c.ghikas@gmail.com

Posted on May 29, 2015, in Brief Economic Reports and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

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