Greek GDP growth jumps 13,4% in the third quarter of 2021
Greek GDP growth jumps 13,4% in the third quarter of 2021
  Economy  |  Data

Greek GDP growth jumps 13,4% in the third quarter of 2021

Total final consumption expenditure increased by 0.9% in comparison with the second quarter of 2021.
RE+D magazine
06.12.2021
According to ELSTAT, the available seasonally adjusted data indicate that in the third quarter of 2021 the Gross Domestic Product (GDP) in volume terms increased by 2.7%.

According to ELSTAT, the available seasonally adjusted data indicate that in the third quarter of 2021 the Gross Domestic Product (GDP) in volume terms increased by 2.7% in comparison with the second quarter of 2021, while in comparison with the third quarter of 2020, it increased by 13.4%.

In particular 

  • Total final consumption expenditure increased by 0.9% in comparison with the second  quarter of 2021. 
  • Gross fixed capital formation (GFCF) increased by 3.9% in comparison with the second  quarter of 2021.
  • Exports of goods and services increased by 12.6% in comparison with the second quarter of 2021. Exports of goods increased by 1.4%, while exports of services increased by 29.0%.
  • Imports of goods and services increased by 7.3% in comparison with the 2 nd quarter of 2021. Imports of goods increased by 3.7%, while imports of services increased by 18.7%.
The data for the third quarter 2021 reflect also the impact  of the COVID-19 pandemic and the restriction measures that were put into place on GDP. For the compilation of these provisional estimates all the best available data sources have been used. 

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OIKONOMIA