Productivity in Greece increased to 102.80 points in the first quarter of 2020 from 98.40 points in the fourth quarter of 2019.

Productivity in Greece averaged 99.01 points from 1995 until 2020, reaching an all time high of 112.50 points in the second quarter of 2007 and a record low of 79.30 points in the first quarter of 1995. This page provides - Greece Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Productivity - values, historical data and charts - was last updated on August of 2020.

Productivity in Greece is expected to be 99.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Greece to stand at 97.00 in 12 months time. In the long-term, the Greece Productivity is projected to trend around 99.00 points in 2021 and 101.00 points in 2022, according to our econometric models.

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Greece Productivity

Actual Previous Highest Lowest Dates Unit Frequency
102.80 98.40 112.50 79.30 1995 - 2020 points Quarterly
2015=100, SA

Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 17.00 15.70 27.90 7.40 percent [+]
Employed Persons 3733.92 3839.30 4658.20 3438.10 Thousand [+]
Unemployed Persons 761.47 730.27 1384.90 335.60 Thousand [+]
Part Time Employment 365.90 368.70 385.20 158.68 Thousand [+]
Full Time Employment 3486.70 3533.00 4383.59 3153.50 Thousand [+]
Employment Rate 83.06 84.02 93.28 71.29 percent [+]
Long Term Unemployment Rate 12.10 12.10 19.90 3.60 percent [+]
Youth Unemployment Rate 33.60 33.40 59.80 20.10 percent [+]
Labour Costs 95.00 77.70 107.50 48.50 points [+]
Job Vacancies 12897.00 14343.00 51613.00 2825.00 [+]
Minimum Wages 758.33 758.33 876.62 522.00 EUR/Month [+]
Population 10.72 10.74 11.12 8.30 Million [+]
Retirement Age Women 67.00 67.00 67.00 57.00 [+]
Retirement Age Men 67.00 67.00 67.00 57.00 [+]
Labor Force Participation Rate 50.60 51.60 53.70 50.60 percent [+]
Productivity 102.80 98.40 112.50 79.30 points [+]
Employment Change -0.10 -0.10 3.50 -2.80 percent [+]


Greece Productivity
In Greece, productivity refers to real labour productivity per hour worked.