Attribute | Value |
---|---|
Geography | |
Area | 131,957 km² |
Continent | Europe |
Land area | 130,647 km² |
Water area | 1,310 km² |
Land boundaries | 1,110 km |
Border countries |
|
Coastline | 13,676 km |
Mean elevation | 498 m |
Lowest point | 0 m |
Highest point | 2,917 m |
People | |
Population | 10,607,051 |
Official languages |
|
Religion | Greek Orthodox |
Government | |
Long country name | Hellenic Republic |
Short country name | Greece |
Long local name | Elliniki Dimokratia |
Short local name | Ellas or Ellada |
Former name |
|
Government type | Parliamentary republic |
Capital | Athens |
Economy | |
GDP (PPP) | 299,300,000,000 USD |
GDP (OER) | 200,700,000,000 USD |
GDP (real growth rate) | 1.4 % |
GDP - per capita (PPP) | 27,800 USD |
Gross national saving | 10.9 % of GDP |
Labor force | 4,769,000 |
Unemployment rate | 21.5 % |
Population below poverty line | 36 % |
Budget revenues | 97,990,000,000 USD |
Budget expenditures | 96,350,000,000 USD |
Military expenditures | 2.28 % of GDP |
Taxes and other revenues | 48.8 % of GDP |
Budget surplus or deficit | 0.8 % of GDP |
Public debt | 181.8 % of GDP |
Inflation rate | 1.1 % |
Central bank discount rate | 0.05 % |
Commercial bank prime lending rate | 5.25 % |
Stock of narrow money | 106,600,000,000 USD |
Stock of broad money | 106,600,000,000 USD |
Stock of domestic credit | 248,700,000,000 USD |
Market value of publicly traded shares | 42,080,000,000 USD |
Current account balance | -1,596,000,000 USD |
Exports | 31,540,000,000 USD |
Imports | 52,270,000,000 USD |
Reserves of foreign exchange and gold | 7,807,000,000 USD |
External debt | 506,600,000,000 USD |
National currency | euros |
National currency (code) | EUR |
National currency (symbol) | € |
National currency rate to USD | 0.885 |
Greece achieved independence from the Ottoman Empire in 1830. During the second half of the 19th century and the first half of the 20th century, it gradually added neighboring islands and territories, most with Greek-speaking populations. In World War II, Greece was first invaded by Italy (1940) and subsequently occupied by Germany (1941-44); fighting endured in a protracted civil war between supporters of the king and other anti-communist and communist rebels. Following the latter's defeat in 1949, Greece joined NATO in 1952. In 1967, a group of military officers seized power, establishing a military dictatorship that suspended many political liberties and forced the king to flee the country. In 1974 following the collapse of the dictatorship, democratic elections and a referendum created a parliamentary republic and abolished the monarchy. In 1981, Greece joined the EC (now the EU); it became the 12th member of the European Economic and Monetary Union (EMU) in 2001. Greece has suffered a severe economic crisis since late 2009, due to nearly a decade of chronic overspending and structural rigidities. Beginning in 2010, Greece entered three bailout agreements - with the European Commission, the European Central Bank (ECB), the IMF, and the third in 2015 with the European Stability Mechanism (ESM) - worth in total about $300 billion. The Greek Government formally exited the third bailout in August 2018.