The Greek economy grew at a rate of 5.9% in 2022, according to Hellenic Statistical Authority-ELSTAT data.
Thus, the GDP in 2022 in terms of volume reached 192.1 billion euros against 181.3 billion euros in 2021, showing a growth of 5.9%. The increase is due to the individual changes recorded by GDP component.
Based on available seasonally adjusted data, Gross Domestic Product (GDP) in volume terms in Q4 2022 increased by 1.4% compared to Q3 2022, while compared to Q4 2021 it increased by 5.2%. 
Growth rates of major macroeconomic aggregates based on seasonally adjusted data in volume terms are
as follows:
1. Quarter on quarter growth rates
o Total final consumption expenditure increased by 1.2% in comparison with the 3rd quarter of 2022.
o Gross fixed capital formation (GFCF) increased by 8.5% in comparison with the 3rd quarter of 2022.
o Exports of goods and services decreased by 0.8% in comparison with the 3rd quarter of 2022. Exports of goods decreased by 2.8% while exports of services decreased by 0.7%.
o Imports of goods and services increased by 6.3% in comparison with the 3rd quarter of 2022. Imports of goods increased by 4.5%, while imports of services increased by 11.1%.
2. Year on year growth rates
o Total final consumption expenditure recorded an increase of 2.4% in comparison with the 4th quarter of 2021.
o Gross fixed capital formation (GFCF) increased by 14.8% in comparison with the 4th quarter of 2021.
o Exports of goods and services decreased by 3.5% in comparison with the 4th quarter of 2021. Exports of goods decreased by 3.3%, and exports of services decreased by 5.1%.
o Imports of goods and services increased by 7.5% in comparison with the 4th quarter of 2021. Imports of goods increased by 4.8%, and imports of services increased by 12.9%.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
![Τουρισμός: Πάνω από 5 εκατ. αφίξεις σε καταλύματα τον Σεπτέμβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2021/10/katalymata-90x90.jpg)
