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Basic Economic Information About Greece

Real Sector

Data Category & Component	Unit Description	Observations			(%) Change previous Period	(%) Change same period last year	More Info
		Date of Latest	Latest Data	Latest-1 Data
National Accounts	Flash estimates (announced for the first time)						www.statistics. gr
GDP Current Prices	At current prices, Euro Millions	Q3 02	35570	34567	2.9	6.8
Private consumption	At current prices, Euro Millions	Q3 02	24402	23683	3.0	5.7
Public consumption	At current prices, Euro Millions	Q3 02	5114	5007	2.1	4.6
Gross fixed capital formation	At current prices, Euro Millions	Q3 02	8559	8288	3.3	11.3
Exports of goods and services	At current prices, Euro Millions	Q3 02	7883	7597	3.8	3.4
Imports of goods and services	At current prices, Euro Millions	Q3 02	10388	10008	3.8	4.1
GDP at Constant Prices	At constant prices, 1995 Euro Millions	Q3 02	25715	25427	1.1	3.4
Private consumption	At constant prices, 1995 Euro Millions	Q3 02	18037	17636	2.3	2.7
Public consumption	At constant prices, 1995 Euro Millions	Q3 02	3289	3241	1.5	0.1
Gross fixed capital formation	At constant prices, 1995 Euro Millions	Q3 02	6439	6332	1.7	8.6
Exports of goods and services	At constant prices, 1995 Euro Millions	Q3 02	6085	5953	2.2	1.7
Imports of goods and services	At constant prices, 1995 Euro Millions	Q3 02	8115	7936	2.3	2.8
Production Index (*)	1995=100 seasonally adjusted Latest data provisional	Sept.02	130.6	114.1**	14.5	-1.4
Employment	Quarterly data - Not seasonally adjusted  '000	Q3 02	3977.0	3948.9	0.7	1.3	www.statistics. gr
Unemployment	Quarterly data - Not seasonally adjusted  '000	Q3 02	419.3	420.1	-0.2	-3.6	www.statistics. gr
Unemployment rate	Change from previous period and change from same period of last year	Q3 02	9.5	9.6	-1.0	-5.0	www.statistics. gr
Wages/Earnings	Estimates,Index (IQ99=100)	Q2 02	110.2	109.7	0.4	5.6
Consumer Prices	1999=100	Nov. 02	111.6	111.6	0.0	3.6	www.statistics. gr
Wholesale Prices	1995=100	Oct. 02	130.0	130.0	-0.1	2.4	www.statistics. gr/main_eng.

Fiscal Sector

Data Category & Component	Unit Description	Observations			(%) Change previous Period	(%) Change same period last year	More Info
		Date of Latest	Latest Data	Latest-1 Data
General Government or Public Sector Operation	Preliminary data						www.statistics. gr
- Revenue	At current prices, Euro Millions	2001	61892	58769	5,3
- Expenditure	At current prices, Euro Millions	2001	63458	60917	4.2
- Balance, Deficit /Surplus	At current prices, Euro Millions	2001	-1566	-2148	-27.1
- as % of GDP	Euro Millions	2001	1.2	1.8
- Financing of General Government Balance
Currency and Deposits	Euro Millions	2001	20	22	-9.1
- Securities other than shares (excluding derivatives)	Euro Millions	2001	5429	5713	-5.0
- Short-term	Euro Millions	2001	-1020	-2764	-63.1
- Long-term	Euro Millions	2001	6449	8477	-23.9
- Loans	Euro Millions	2001	5417	4863	11.4
- Short-term	Euro Millions	2001
- Long-term	Euro Millions	2001	5417	4863	11.4
- Others movements	Euro Millions	2001	-9300	-8450	10.1
- Total	Euro Millions	2001	1566	2148	-27.1
Central Government Operations	Preliminary data						www.mof-glk.gr/ en/home.htm
- Revenue	Euro Millions	Oct.02	3205	3224	-1%
- Expenditure	Euro Millions	Oct.02	3621	3241	12%
- Balance, Deficit /Surplus	Euro Millions	Oct.02	-416	-17
- Financing(*)
Increase in other Bank Deposits and Balances
Central Government Debt							www.mof-glk.gr/ en/home.htm
Total Central Goverment Debt (not including debt guaranteed by central goverment)(*)	Euro Millions	Q3 02	165387.3	157153.4	5.2
- Debt by currency:	Euro Millions	Q3 02	165387.3	157153.4	5.2
a)euro area currency	Euro Millions	Q3 02	160111.6	150150.6	6.6
b)non-euro area currency	Euro Millions	Q3 02	5275.7	7002.8	-24.6
- Debt by residual maturity (*)	Euro Millions	Q3 02	117188.0	114324.7	2.5
a) short-term (up to 1 year)	Euro Millions	Q3 02	17163.2	16892.5	1.6
b) medium-term (1-5 years)	Euro Millions	Q3 02	46818.9	45375.9	3.2
c) long-term (above 5 years)	Euro Millions	Q3 02	53205.9	52056.3	2.2
- Debt quaranteed by central government	Euro Millions	Q3 02	8330.0	8430.0	-1.2

Financial Sector

Data Category & Component	Unit Description	Observations			(%) Change previous Period	(%) Change same period last year	More Info
		Date of Latest	Latest Data	Latest-1 Data
Analytical Accounts of the Banking Sector	Euro Millions						www.bankofgreec e.gr/en/sdds/i ndex.htm
National contribution to the Euro area M1	Euro Millions	Oct. 2002	20395	21322
National contribution to the Euro area M2	Euro Millions	Oct. 2002	105902	106683
National contribution to the Euro area M3	Euro Millions	Oct. 2002	138147	138798
Credit to the Euro area General Government,com prising loans granted to and securities issued by General Goverment net of Central Goverment liabilities	Euro Millions	Oct. 2002	57638	59618
Credit (loans) granted to the Euro area non-MFI sector (excluding General Government)	Euro Millions	Oct. 2002	84186	82860
Net foreign position viv-a-vis the non-Euro area	Euro Millions	Oct. 2002	16208	15341
Analytical Accounts of the Central Bank	Euro Millions						www.bankofgreec e.gr
Reserve Money	Euro Millions	Oct. 2002	9606	9199
Credit (loans and securities other than shares) to the Euro area General Government	Euro Millions	Oct. 2002	19124	19075
Credit (loans) to the Euro area non-Government sector (excluding OMFIs)	Euro Millions	Oct. 2002	185	185
Net foreign position vis-'a-vis the non Euro area	Euro Millions	Oct. 2002	8165	8056
Interest Rates							www.bankofgreec e.gr/en/sdds/i ndex.htm
Central Bank's policy rates							http://www.ecb.int/
Yields of Greek Goverment Securities	Monthly average						www.bankofgreec e.gr/en/sdds/i ndex.htm
a.12-month treasury bill yield		Oct. 2002	3.13	3.24
b.10-year goverment bond yield		Oct. 2002	4.79	4.73
Deposit interest rates	Monthly average
a.Sight		Oct. 2002	0.91	0.85
b.Savings		Oct. 2002	1.48	1.44
c.12-month time deposits		Oct. 2002	2.84	2.74
Lending interest rates	Monthly average
a. To enterprises	Monthly average
a.1 Short-term		Oct. 2002	7.29	7.20
a.2 Long-term		Oct. 2002	7.20	7.49
b. To households	Monthly average
b.1 Consumer loans		Oct. 2002	12.49	12.57
b.2 Housing loans		Oct. 2002	5.66	5.59
Stock Market	Released daily by the Athens Stock Exchange						http://www.ase.gr/
Share price index (composite)	1980=100 (end-of-month data)	Nov. 2002	1872.8	1785.3			www.bankofgreec e.gr

External Sector

Data Category & Component	Unit Description	Observations			(%) Change previous Period	(%) Change same period last year	More Info
		Date of Latest	Latest Data	Latest-1 Data
Balance of Payments							www.bankofgreec e.gr/en/sdds/i ndex.htm
A. Current account	Euro Millions	Sept.2002	-648	112
A.1 Exports of goods	Euro Millions	Sept.2002	807.4	837.7
A.2 Imports of goods	Euro Millions	Sept.2002	2787.0	2421.4
A.3 Exports of services	Euro Millions	Sept.2002	2182.7	2633.4
A.4 Imports of services	Euro Millions	Sept.2002	935.3	952.6
A.5 Income(net)	Euro Millions	Sept.2002	-150.8	-194.1
A.6 Current  transfers (net)	Euro Millions	Sept.2002	235.0	209.0
B Capital  account (net)	Euro Millions	Sept.2002	83.0	34.0
C. Financial account(net)	Euro Millions	Sept.2002	654.0	-8.3
C.1 Direct investment	Euro Millions	Sept.2002	-60.0	-32.1
C.1.1 Abroad	Euro Millions	Sept.2002	-28.7	-1.4
C.1.2 In Greece	Euro Millions	Sept.2002	-31.3	-30.6
C.2 Portfolio investment	Euro Millions	Sept.2002	1395.9	2284.5
C.2.1 Assets	Euro Millions	Sept.2002	826.2	-263.3
C.2.2 Liabilities	Euro Millions	Sept.2002	569.7	2547.8
C.3 Other investment	Euro Millions	Sept.2002	-404.9	-2193.7
C.3.1 Assets	Euro Millions	Sept.2002	-108.0	367.0
C.3.2 Liabilities	Euro Millions	Sept.2002	-296.9	-2560.7
C.4 Change in international reserves	Euro Millions	Sept.2002	-277.0	-67.0
D.  Errors and omissions	Euro Millions	Sept.2002	-88.9	-137.7
International Reserves - Eurosystem definition (total gross-end of month)	Euro Millions	Nov 2002	9088.3	8970			www.bankofgreec e.gr/en/sdds/i ndex.htm
Template on international reserves and foreign currency liquidity							www.bankofgreec e.gr/en/sdds/T emplate.xls
International Investment Position	Euro Millions	2001					www.bankofgreec e.gr/en/sdds/i ndex.htm
1. Direct investment	Euro Millions	2001	-6394	-7123
1.1 Abroad	Euro Millions	2001	7229	6289
1.2 In the reporting economy	Euro Millions	2001	13623	13412
2. Portfolio investment	Euro Millions	2001	-52890	-55689
2.1 Assets	Euro Millions	2001	9109	4135
2.1.1 Equity securities	Euro Millions	2001	1595	1446
2.1.2 Debt securities	Euro Millions	2001	7514	2689
2.2 Liabilities	Euro Millions	2001	61999	59824
2.2.1 Equity securities	Euro Millions	2001	9730	10301
2.2.2 Debt securities	Euro Millions	2001	52269	49523
3. Financial derivatives	Euro Millions	2001	17	13
3.1 Assets	Euro Millions	2001	17	13
3.2 Liabilities	Euro Millions	2001	0	0
4. Other investment	Euro Millions	2001	-1632	-2015
4.1 Assets	Euro Millions	2001	46250	37858
4.2 Liabilities	Euro Millions	2001	47882	39873
5. Reserve assets	Euro Millions	2001	7032	13207
Merchandise Trade							www.statistics. gr
- Total exports	FOB values, Euro Millions, Provisional data	Sept.02	853.0	692.0 *	23.3	-2.1	* Revised data
- Total imports	CIF values, Euro Millions , Provisional data	Sept.02	2709.1	2075.2*	30.5	16.5	* Revised data
Balance of trade	Euro Millions, Provisional data	Sept.02	-1856.2	-1383.3*	34.2	27.7	*Revised data
External Debt (*)							www.bankofgreec e.gr
Exchange Rates (*)							www.ecb.int/hom e/eurofxref.ht m

Population

Data Category & Component	Unit Description	Observations			(%) Change previous Period	(%) Change same period last year	More Info
		Date of Latest	Latest Data	Latest-1 Data
POPULATION	'000	1.1.01	10.955	10.920	0.32		www.statistics. gr/main_eng.as p

Footnotes

	PRODUCTION INDEX / Industrial Production Index, excluding construction ** Revised data
	CGO FINANCING / Greece is taking a flexibility option for the periodicity of the financing data.These data will be disseminated on an annual basis,within one month after the end of the calendar year.
	TOTAL CENTRAL GOV DEBT/As from Q3 02 privatization certificates and securitization are included in the outstanding central government debt
	CGD BY RESIDUAL MATURITY / Outstanding volume of Greek Government bonds and T-Bills (which represents approx.70-75 of the total outstanding Central Government Debt)
	MERCHANDISE TRADE / Revised data
	EXTERNAL DEBT / The transition period for this category does not expire until March 31, 2003
	EXCHANGE RATES / The dissemination of data concerning exchange rates is within the sphere of competence of the ECB.
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