Greece Unemployment Rate  1998-2018 | Data | Chart | Calendar | Forecast

The Greek seasonally adjusted unemployment rate stood at 20.9 percent in November 2017, unchanged from an upwardly revised figure in October and compared with 23.3 percent in the previous year. The jobless rate has fallen since reaching an all time high of 27.9 percent in September 2013, but remains the highest in the Eurozone. Unemployment Rate in Greece averaged 16.01 percent from 1998 until 2017, reaching an all time high of 28 percent in July of 2013 and a record low of 7.30 percent in May of 2008.

Greece Unemployment Rate
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Greek Jobless Rate Unchanged at 20.9% in November


The Greek seasonally adjusted unemployment rate stood at 20.9 percent in November 2017, unchanged from an upwardly revised figure in October. Unemployment has fallen since the jobless rate hit a high of 27.9 percent in September 2013, but remains the highest in the Eurozone.

Compared with the previous month, the number of unemployed was almost unchanged at 996 thousand and the number of employed fell by 0.3 percent to 3.76 million.

A year earlier, the unemployment rate was recorded at 23.3 percent. The number of unemployed persons fell by 10.7 percent while employment grew by 2.6 percent. 

The 15-24 age group recorded the highest unemploment rate (43.7 percent vs 46.1 percent in November 2016), followed by the 25-34 age group (26.2 percent vs 29.5 percent), the 35-44 age group (18.6 percent vs 19.9 percent), the 45-54 age group (16.6 percent vs 18.8 percent), the 55-64 age group (17.3 percent vs 19.7 percent) and the 65-74 age group (11.6 percent vs 12.8 percent).

The unemployment rate among women decreased to 25.8 percent in November from 27.8 percent a year earlier, while among men it fell to 17.1 percent from 19.7 percent.

Among the country's regions, the highest unemployment rates were reported for Epirus-Western Macedonia (26 percent), followed by Peloponnese, Western Greece and Ionian Islands (22.1 percent), Attica (21.2 percent) and Aegean Islands (21.1 percent); while Crete recorded the lowest rate (17.1 percent).


ELSTAT | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/8/2018 10:20:50 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-12-07 10:00 AM Unemployment Rate 20.5% 20.7% 20.4%
2018-01-11 10:00 AM Unemployment Rate 20.7% 20.8% 20.2%
2018-02-08 10:00 AM Unemployment Rate 20.9% 20.9% 20.5%
2018-03-08 10:00 AM Unemployment Rate 20.9% 20.8%
2018-04-12 09:00 AM Unemployment Rate 15%
2018-05-10 09:00 AM Unemployment Rate 15%


Greece Labour Last Previous Highest Lowest Unit
Unemployment Rate 20.90 20.90 28.00 7.30 percent [+]
Employed Persons 3675.30 3818.31 4658.20 3438.10 Thousand [+]
Unemployed Persons 1026.80 976.53 1384.90 335.60 Thousand [+]
Part Time Employment 361.20 374.30 385.20 158.68 Thousand [+]
Full Time Employment 3462.50 3417.10 4383.59 3153.50 Thousand [+]
Employment Rate 78.16 79.63 93.28 71.29 percent [+]
Long Term Unemployment Rate 15.30 15.70 19.90 3.60 percent [+]
Youth Unemployment Rate 43.70 40.80 60.00 20.10 percent [+]
Labour Costs 79.10 89.50 107.40 48.50 Index Points [+]
Job Vacancies 11188.00 14630.00 51613.00 3119.00 [+]
Minimum Wages 683.76 683.76 876.62 522.00 EUR/Month [+]
Population 10.76 10.78 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 52.30 52.40 53.70 51.00 percent [+]
Living Wage Family 1020.00 1020.00 1030.00 1010.00 EUR/Month [+]
Living Wage Individual 580.00 580.00 585.00 560.00 EUR/Month [+]
Wages 1092.01 1125.60 1462.20 939.14 EUR/Month [+]
Wages High Skilled 1600.00 2240.00 2470.00 1600.00 EUR/Month [+]
Wages Low Skilled 747.00 1010.00 1080.00 747.00 EUR/Month [+]
Productivity 98.20 93.10 108.10 70.90 Index Points [+]
Employment Change 0.10 1.20 3.50 -2.70 percent [+]


Greece Unemployment Rate

In Greece, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Greece Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
20.90 20.90 28.00 7.30 1998 - 2017 percent Monthly
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unemployment rate by Country
Country Last
Spain 16.55 Dec/17
Brazil 11.80 Dec/17
Italy 10.80 Dec/17
Turkey 10.30 Nov/17
France 8.90 Dec/17
Euro Area 8.70 Dec/17
Canada 5.90 Jan/18
Australia 5.50 Jan/18
Indonesia 5.50 Sep/17
Russia 5.20 Jan/18
United Kingdom 4.30 Nov/17
Netherlands 4.20 Jan/18
United States 4.10 Jan/18
China 3.90 Dec/17
Germany 3.60 Dec/17
South Korea 3.60 Jan/18
India 3.46 Dec/16
Switzerland 3.30 Jan/18
Mexico 3.10 Dec/17
Japan 2.80 Dec/17


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