The data illustrates Greece's gross domestic product growth rate from 2012 to 2017, with projections up until 2022. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2017, Greece's real GDP increased by about 1.35% compared to the previous year.
Greece's national finances
Greece is viewed as a high-income economy and experienced high economic and social growth and development between the 1950s and the 1970s, which was the highest rate in the world only behind Japan.
