Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

EconomyMacroeconomy Tags: ELSTAT, GDP

Greek non-seasonally-adjusted GDP contracted 2.6 percent in the fourth quarter of 2013, further decelerating from the 3 percent drop posted in the third quarter, according to flash estimates published by the Hellenic Statistical Authority (ELSTAT) on Friday.

The released GDP data indicates that the recession reached 3.7 percent in 2013, which was slightly better than the latest Greek government and troika forecasts for a 4-percent contraction.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.