Greek GDP decreased by 1.6% in the 1st quarter of 2020

The available seasonally adjusted data gathered by The Hellenic Statistical Authority (ELSTAT) indicate that in the 1st quarter of 2020 the Gross Domestic Product (GDP) in volume terms decreased by 1.6% in comparison with the 4th quarter of 2019.

In comparison with the 1st quarter of 2019, it decreased by 0.9%.

The available non-seasonally adjusted data indicate that in the 1st quarter of 2020 the Gross Domestic Product (GDP) in volume terms decreased by 1.2% in comparison with the 1st quarter of 2019.

Total final consumption expenditure recorded an increase of 0.1% in comparison with the 1st quarter of 2019.

Exports of goods and services increased by 2.5% in comparison with the 1st quarter of 2019. Exports of goods increased by 4.7%, and exports of services increased by 0.01%.

Imports of goods and services increased by 0.2% in comparison with the 1st quarter of Imports of goods increased by 0.2%, and imports of services increased by 0.3%.

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