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Greek GDP Growth 2012-2019 Analysis

The Greek economy experienced a major recession from 2012 to 2014 with GDP declining by over 7% in 2012 and 3.24% in 2013, but began a slow recovery from 2015 onward with small positive growth each year. By 2019, Greece saw its highest growth rate since the recession began at 2.8% according to forecasts by the OECD.

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12 views1 page

Greek GDP Growth 2012-2019 Analysis

The Greek economy experienced a major recession from 2012 to 2014 with GDP declining by over 7% in 2012 and 3.24% in 2013, but began a slow recovery from 2015 onward with small positive growth each year. By 2019, Greece saw its highest growth rate since the recession began at 2.8% according to forecasts by the OECD.

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ΑγγελικήΝιρού
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Appendix

The Growth of Greek Economy

Figure 1: Greek GDP Evolution between 2012-2019

4.00%

2.00% 2.80%
1.90%
-0.22% 1.30%
0.00%
2012 2013 0.35%
2014 2015 0.06%
2016 2017 2018 2019
-2.00%
-3.24%

-4.00%

-6.00%
-7.30%
-8.00%

1: (2012-2019)

Year GDP Growth Rate (%)


2012 -7,30%
2013 -3,24%
2014 0,35%
2015 -0,22%
2016 0,06%
2017 1,3%*
2018 1,9%*
2019 2,8%*

*Resource: OECD - Forecast

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