Greece and it's economy

1. Welcome To Greece
The Beauty Of Hellas!

2. Greek Geography & Population

3. Greek Culture

5. Olympic Games

6. Greece Economic Outlook

7. Tourism in Greece

8. Greek Exports

9. Natural Resources of Greece
• Agriculture-1981 to 1991 Workforce
decreases by 99000
• Mineral Resources- Bauxite. Nickel,
Magnesite and Marble
• Trade- Poor management
• Tourism- In 2017 total contribution in
Greece economy is 5.3% and total
contribution to employment is 5.6%.

10. GDP OF GREECE

11. GNP OF GREECE
• Greece’s Gross National Product was reported at 200.391
USD bn in Dec 2017.​
• This records an increase from the previous number of
193.712 USD bn for Dec 2016.​
• The data reached an all-time high of 343.903 USD bn in
2008 and a record low of 4.499 USD bn in 1960.

12. CAPITAL INFRASTRUCTURES
• Airports: 38 domestic and international civilian airports serving over
14 million passengers annually.​
• Ports and marinas: 110 ports and marinas and 8 major heliports to
serve the mainland and its many islands.
• City Transport: Serves just over 1million commuters daily.
• National Railways: Currently undergoing modernization cover most
of the Greek mainland.​
• Highways: By 2015 Greece is estimated to have over 2,800km
of highways.​
• Greek ferries: Ferries carry around 9 million passengers annually.

13. Labor Market
• Job Sectors
• GDP per Capita
• High Unemployment Rate
• Growth Rate and
Immigration/ Emigration
• Possible Labor Shortage

14. STOCK MARKET• High at 6355 in 1999
• Affected by 2009 bankruptcy
• 2015-2016 stock crash at 70%
• Economic current recession
had impact

15. Producer Price Index
•Monthly rates of change in the price of goods
•Domestic and non domestic market.

16. 1.Average 98.82 index point from 2004 until 2018
2.Record high index point 114.60 in August 2012
3.Record lowest index point 76.10 in February 2004
Producer Price Index

17. Consumer Price Index
• Basics
• Process & time interval
• All time highest 111.34 index points
in October of 2012
• December of 2018 – 106.92 index
points
• January of 2019 – 105.34 index
points.
• Lowest was in 1959 – 1.14 index
points.

18. Consumer Price Index

19. • Greece’s budget deficit (2008-2010)
• EU, THE IMF helped Greece through Bailout austerity
measures
-excessive expenditure cut
-unemployment
-higher taxation
• Overall situation: now 25% smaller economy than the
crisis has
started
• But still might take decades to repay the debt
SUGGESTIONS:
 Improving legal and judicial systems
 Addressing the labor market inefficiencies
 Fixing investments and business scale incentives
IN A NUTSHELL