The Level of Overall Economic Activity



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. 

Comments

  1. Dr. Q March 31, 2020 at 8:31 AM

    In what currency are your figures denominated? I think that is why I get some different numbers. Also, why do you think the country is booming right now?

    ReplyDelete

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