Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct

EconomyMacroeconomy Tags: ELSTAT, GDP
Photo by MacroPolis
Photo by MacroPolis

As part of the second estimate for the national accounts and the regular cycle of base year revision that takes place every five years, the Hellenic Statistical Authority revised 2019 GDP data and the annual series base year to 2015, from 2010. 

The second estimate of the previous year usually includes the use and update of existing data, the incorporation of new sources and potentially the quality control of the sources and methods. 

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