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Greek GDP at 2.3% in 2024 | TheGreekDeal.com
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Greek GDP at 2.3% in 2024
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In the fourth quarter of 2024, the Greek economy recorded a growth of 0.9% compared to the third quarter of 2024 (which has been revised upward to 0.4%) and an increase of 2.6% in comparison with the fourth quarter of 2023. As a result, the GDP growth for the entire year reached 2.3%.

According to the data, the changes in the main macroeconomic indicators in terms of volume, adjusted for seasonality, are as follows:

Quarter:

- Overall final consumption expenditure decreased by 0.4% compared to the third quarter of 2024.

- Gross fixed capital formation increased by 5.3% compared to the third quarter of 2024.

- Exports of goods and services increased by 0.9% compared to the third quarter of 2024. Exports of goods fell by 0.5%, while exports of services rose by 2.2%.

- Imports of goods and services decreased by 1.7% compared to the third quarter of 2024. Imports of goods decreased by 1.4%, and imports of services fell by 2.1%.

Year:

- Total final consumption expenditure showed a decrease of 0.3% compared to the fourth quarter of 2023.

- Gross fixed capital formation increased by 9.0% compared to the fourth quarter of 2023.

- Exports of goods and services rose by 3.6% compared to the fourth quarter of 2023. Exports of goods increased by 1.6%, while exports of services grew by 5.9%.

- Imports of goods and services increased by 2.4% compared to the fourth quarter of 2023. Imports of goods rose by 2.0%, and imports of services grew by 4.8%.

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