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Greece - General economic indicators
| Indicators |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
| GDP, USD bln |
124.4 |
121.3 |
121.4 |
124.9 |
113.3 |
116.9 |
| GDP per capita, USD |
11,871 |
11,547 |
11,542 |
11,856 |
10,748 |
10,689 |
| Real GDP growth rate, % |
2.4 |
3.4 |
3.1 |
3.4 |
4.1 |
4.1 |
| Industrial production growth rate, % |
2.2 |
-1.3 |
7.2 |
2.4 |
4.6 |
4.1 |
| Annual inflation rate, % |
8.2 |
5.5 |
4.7 |
2.4 |
2.7 |
2.7 |
| Annual unemployment rate, % |
9.8 |
9.7 |
11.2 |
12.0 |
11.2 |
10.4 |
| General government surplus, % of GDP |
-7.4 |
-4.0 |
-2.5 |
-1.8 |
-1.0 |
0.1 |
| General government debt, % of GDP |
111.3 |
108.5 |
105.5 |
104.6 |
103.9 |
99.7 |
Source: The Hellenic Centre for Investment, Ministry of National Economy
Operational costs
| Nominal salary growth % |
4.5 |
| Minimal monthly salary, skilled workers, EUR |
1,000-1,300 |
| Social security as % of monthly salary |
43.86 (27.96 paid by the employer) |
| Average price of arable land, EUR per 1,000 sq.m., year 2001, |
146.74-586.94 |
| Office rent in Athens, average, EUR per sq.m. |
9-15 |
| Apartment purchase price in Athens , EUR per sq.m. |
1,300-3,000 |
| Water charges for industrial use, EUR per m3 1 |
urban: 0.72-0.85 regional: 0.10-0.38 |
| Water charges for household use, EUR per m3 |
0.3639-2.8232 (depending on the consumed m3) |
| Telephone installation charges, EUR 2 |
29.34 |
| Telephone transfer charges, EUR 2 |
29.34 |
| International phone call from Greece per min. 4 |
Zone I: 0.246, Zone II: 0.293, Rest of the world:0.528-1.907 3 |
| Electricity prices for industrial use, EUR per kWh, VAT not included |
|
| Low voltage / 4month charge |
|
| peak period |
0.11813 |
| off peak period |
0.03661 |
| Middle voltage |
|
| TariffB1/B |
first 400kwh: 0.04222, 0.02801 afterwards |
| TariffB2/B |
0.05523Eur/kwh |
| TariffB15B 5 |
peak: 0.06336 day: 0.03240 night: 0.02396 |
| TariffB25B 5 |
peak: 0.08695 day: 0.04447 night: 0.03286 |
| High voltage |
peak: 0.04565 middle: 0.03163 low: 0.02347 |
| Electricity prices for household use, EUR per kWh, VAT not included |
|
| Day use |
first 800 kWh:0.06651 next 800 kWh: 0.0847 next 400: 0.10402 |
| Night use |
0.03901 |
Notes: 1 Depending on consumption-progressive increase 2 Free, if another line exists in the same premises 3 Zones I: Western Europe, SEE. North America, Japan, Australia, Zone II: Latin America, Eastern Europe 4 VAT is not included 5 These tariffs are used only if the subscribed demand during peak hours is at least 3,000 kW
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