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The Level of Overall Economic Activity

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Year  Real GDP (USD Billion) Real GDP per capita (USD) Real GDP growth per year (percentage) 2019 222 x x 2018 218.03 23558.1 1.93% 2017 203.09 23053 1.51% 2016 195.22 22666.3 -.19% 2015 196.59 22615.4 -.44% 2014 237.03 22565.7 .74% 2013 239.86 22251.3 -3.24% 2012 245.67 22830.5 -7.3% 2011 287.8 24495.7 -9.13% 2010 299.36 26917.8 -5.48% According to the data that I have collected, Greece appears to be in the recession part of the business cycle. This is because their GDP growth is negative and they are importing more and more goods instead of producing their own.