Greece Economy & Greece Markets Data analytics

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MacroVar monitors real-time economic, financial and geopolitical developments for the Greece economy and Greece markets by analyzing financial, economic data and real-time news using statistical models. To help you forecast and analyze economic and financial developments, our team provides you with explanations of the theory and structure of our models and access to financial and economic data.

Greece Overview 
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Greece Overview presents the current trends and dynamics of the major Greece financial markets and economic indicators. Select Details to get more information for each indicator, use Factors to monitor current statistical analysis of financial & economic factors affecting the specific asset, and select research to read the latest MacroVar research for the specific asset/indicator.


Symbol Price 1D% MoM% YoY% M T B Details
Athens General Composite ATG 1444.31 -0.48 -0 11.5
Description
Greece 6-months bond yield GR.6M 3.44 1.24 -0.1 -5.88
Description
Greece 10-Year Bond Yield GR.10Y 3.55 -1.39 -0.02 -6.94
Description
Manufacturing PMI gr.manpmi 53.2 -1 -1 -1
Description
ESI - Economic Composite gr.esi.conf 110.6 0 0 1
Description
Symbol Price 1D% MoM% YoY% M T B Details
Athens General Composite ATG 1444.31 -0.48 -0 11.5
Description
Greece ETF GREK 41.61 0.48 -0 10.93
Description
Greece 6-months bond yield GR.6M 3.44 1.24 -0.1 -5.88
Description
Greece 10-Year Bond Yield GR.10Y 3.55 -1.39 -0.02 -6.94
Description
Greece Yield Curve GR.YC 0.11 -45.1 -1.39 -54.1
Description
Symbol Price 1D% MoM% YoY% M T B Details
ESI - Economic Composite gr.esi.conf 110.6 0 0 1
Description
Manufacturing PMI gr.manpmi 53.2 -1 -1 -1
Description
GDP Growth (annual) gr.gdpgrowthan 2.1 62 62 -250
Description
Inflation CPI gr.inflationcpi 2.3 -4 -4 -57
Description
Unemployment rate gr.unemploymentrate 9.6 -7 -7 -14
Description
Symbol Price 1D% MoM% YoY% M T B Details
Athens General Composite ATG 1444.31 -0.48 -0 11.5
Description
Greece 6-months bond yield GR.6M 3.44 1.24 -0.1 -5.88
Description
Greece 10-Year Bond Yield GR.10Y 3.55 -1.39 -0.02 -6.94
Description

Greece Market News

  
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Time Headlines
2024-07-04 08:44 German Industrial Orders MoM Actual -1.6% (Forecast 0.5%, Previous -0.2%)
2024-07-02 05:40 Treasuries Are Hit as US election risks come into focus - US Market Wrap
2024-07-02 05:40 ECB's President Lagarde: It will take time to be certain that inflation is on track.
2024-07-02 05:40 ECB's President Lagarde: A strong labour market means we have time to gather information.
2024-07-02 05:40 ECB's President Lagarde: The strong labor market allows the ECB to gather enough data.
2024-07-02 05:40 ECB's President Lagarde: A soft landing for the euro zone economy is not guaranteed.
2024-07-02 05:40 ECB's Wunsch: I would need convincing to cut more than twice this year.
2024-07-02 05:40 ECB's Wunsch: We would need convincing to cut more than twice this year.
2024-07-02 05:40 ECB's Wunsch: Market pricing on the ECB rate path looks reasonable.
2024-07-02 05:40 ECB's Simkus: We shouldn't limit rate moves to projection meetings.
Monitor Real-Time Market News >>

Greece Economic Sectors

 
MacroVar analyzes in detail the dynamics of the Greece economy by economic sector and subsector based on data obtained from Eurostat. MacroVar presents for free current dynamics of Greece economic sectors.


Sectors Last Previous Trend Momentum Trend MoM% QoQ% YoY%
General Economic Conditions 110.6 111.0 -0 2 1
Manufacturing sector 3.8 3.6 6 -21 -7
Services sector 50.7 52.5 -3 28 47
Retail sector 16.8 16.6 1 409 0
Consumer sector -42.7 -43.8 -3 -4 38
Construction sector 15.9 6.3 152 83 -345
Employment dynamics 116.7 122.6 -5 -1 -3
Greece's detailed economic sector analysis by subsectors and industries is only available to Premium users.

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Greece Economic Overview

  
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Greece economic overview presents a snapshot of US current economic conditions. You can find details for the Greece economy subsections by exploring the sections below.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
ESI - Economic Composite gr.esi.conf 110.6 111 -0 1 UP UP
Industrial New Orders gr.man.orders -7.8 -11.1 -30 -48 UP UP
Industrial Prices gr.man.priceexp 4.9 1.9 158 75 UP UP
Manufacturing PMI gr.manpmi 53.2 54 -1 -1 Down Down
Industrial Confidence gr.esi.man 3.8 3.6 6 -7 UP Down
Services Confidence gr.esi.serv 50.7 52.5 -3 47 UP UP
Consumer Confidence gr.esi.cons -42.7 -43.8 -3 38 Down Down
Retail Confidence gr.esi.ret 16.8 16.6 1 0 UP Down
Construction Confidence gr.esi.constr 15.9 6.3 152 -345 UP UP

Greece Manufacturing

  
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MacroVar tracks hundreds of indicators related to Greece manufacturing sector.


1Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
Manufacturing PMI gr.manpmi 53.2 54 -1 -1 Down Down
industrial production gr.indproduction 2.5 3.3 -24 39 Down UP

Greece consumer sentiment

  
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Consumer spending makes a large part of the Greece Economy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
consumer confidence gr.consconfidence -50.3 -51.3s -2 12 Down Down
Consumer Confidence gr.esi.cons -42.7 -43.8s -3 38 Down Down
Employment Dynamics gr.eei.emp 116.7 122.6s -5 -3 UP Down
unemployment rate gr.unemploymentrate 9.3 9.5s -2 -15 Down Down
retail sales gr.retailsalesan -5.2 -2.7s 93 58 Down Down
retail sales MoM gr.retailsales -2.5 -3.2s -22 -1350 Down Down
car registrations gr.carregistrations 9672.0 9665s 0 -14 Down Down
building permits gr.buildingpermits 2792.0 2418s 15 13 UP UP

Greece Construction

  
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The Greece construction sector is a significant component of the Greece economy. MacroVar monitors leading indicators of construction activity like building permits and new home sales.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
building permits gr.buildingpermits 2792.0 2418 15 13 UP UP

Greece Macroeconomic outlook

  
Greece Macroeconomic outlook presents an overview of the long-term fundamental coincident factors of the Greece economy. Components monitored are the country's rserves, debt, Monetary Policy and Fiscal Policy. Explore Greece macroeconomic model in detail.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
gdp gr.gdp 238.21 219.07 9 -17 UP Down
Real GDP gr.realgdp 49629.0 45167.3 10 12 UP UP
gdp growth annual gr.gdpgrowthan 2.3 2.1 10 -85 Down Down
gdp growth gr.gdpgrowth 1.1 0.8 38 -15 UP Down
inflation cpi gr.inflationcpi 2.4 2.9 -17 -31 Down Down
interest rate gr.interestrate 4.5 4.5 0 8900 UP UP
unemployment rate gr.unemploymentrate 9.3 9.5 -2 -15 Down Down
government debt gr.govdebt 553775.54 551244 0 45 UP UP
external debt gr.externaldebt 553775.54 551244 0 5 UP UP
government debt to gdp gr.govdebtgdp 161.9 172.7 -6 -6 Down Down
current account gr.currentaccount -316.0 651 -149 -4 UP UP
current account to gdp gr.currentaccountgdp -6.2 -10.2 -39 63 Down Down
exports gr.exports 4283.4 3963.9 8 -11 UP Down
imports gr.imports 7173.3 6210.6 16 4 UP UP
foreign exchange reserves gr.fxreserves 13861.0 13565 2 18 UP UP
gold reserves gr.goldres 114.5 114.4 0 0 UP UP
government revenues gr.govrev 56370.0 49631 14 17 UP UP
fiscal expenditure gr.fiscalexp 49330.0 44089 12 1 UP UP

Greece Inflation

  
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Indicator Symbol Actual Previous M/M% Y/Y% Trend
inflation cpi gr.inflationcpi 2.4 2.9 -17 -31
core inflation rate gr.coreinflationrate 3.7 3.7 0 16
Produce Prices YoY gr.producerpricesch -4.5 -2.4 88 5

Greece Employment

  
MacroVar monitors leading indicators (ESI employment activity) and lagging indicators of Greece employment. Greece employment is one of the major factors affecting ECB monetary policy.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
unemployment rate gr.unemploymentrate 9.3 9.5 -2 -15 Down Down

Greece Monetary Policy

  
Greece Monetary policy is monitored by tracking the most important indicators related to the central bank's balance sheet and interest rates.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
interest rate gr.interestrate 4.5 4.5 0 8900 UP UP
central bank balance sheet gr.cb.assets 221371.0 221627 -0 -3 Down Down
banks balance sheet gr.banks.bs 319370.35 316958 1 1 UP UP
money supply m1 gr.msm1 190911.0 187481 2 2 UP UP
money supply m2 gr.msm2 244984.0 242304 1 2 UP UP
government debt to gdp gr.govdebtgdp 161.9 172.7 -6 -6 Down Down
loan growth gr.loangrowth 3.2 3.8 -16 39 UP UP
loans to private sector gr.loanprivate 77984.89 76330 2 11 UP UP
Greece Credit Rating (S&P) RATING.S&P.GR
Greece Credit Rating (Moody's) RATING.MOODYS.GR
Greece Credit Rating (Fitch) RATING.FITCH.GR

Greece Fiscal Policy

  
Greece Fiscal policy is monitored by tracking the most important indicators related to the Treasury's decisions on government spending, revenues and budget surplus/deficit.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
government revenues gr.govrev 56370.0 49631 14 17 UP UP
fiscal expenditure gr.fiscalexp 49330.0 44089 12 1 UP UP
government budget gr.govbudget -1.6 -2.5 -36 -84 UP UP
Government budget gr.govbudgetvalue 524.0 1183 -56 -61 UP Down
government debt gr.govdebt 553775.54 551244 0 45 UP UP
government debt to gdp gr.govdebtgdp 161.9 172.7 -6 -6 Down Down

Greece Trade

  
Greece trade activity is monitored by tracking Trade and Capital flows.


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope
current account gr.currentaccount -316.0 651 -149 -4 UP UP
current account to gdp gr.currentaccountgdp -6.2 -10.2 -39 63 Down Down
balance of trade gr.balanceoftrade -3057.7 -2500 22 13 Down Down
imports gr.imports 7173.3 6210.6 16 4 UP UP
exports gr.exports 4283.4 3963.9 8 -11 UP Down
capital flows gr.capitalflows 843.9 663.53 27 -33 UP Down
foreign direct investment gr.fdi 278.7 486.3 -43 -24 Down Down
external debt gr.externaldebt 553775.54 551244 0 5 UP UP
foreign exchange reserves gr.fxreserves 13861.0 13565 2 18 UP UP
gold reserves gr.goldres 114.5 114.4 0 0 UP UP