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• Economy_of_Greece abstract "The economy of Greece is the 45th largest in the world with a nominal gross domestic product (GDP) of $238 billion per annum. It is also the 51st largest in the world by purchasing power parity at $286 billion per annum. As of 2013, Greece is the thirteenth-largest economy in the 28-member European Union. Greece is ranked 38th and 44th in the world at $21,653 and $25,859 for nominal GDP per capita and purchasing power parity per capita respectively.Greece is a developed country with an economy based on the service sector (81%) and industry (16%). Agriculture contributed 3.4% of the national economic output as estimated in 2012. Important Greek industries include tourism and shipping. With 18 million international tourists in 2013, Greece was the 7th most visited country in the European Union and 16th in the world. The Greek Merchant Navy is the largest in the world, with Greek-owned vessels accounting for 15% of global deadweight tonnage as of 2013. The increased demand for international maritime transportation between Greece and Asia has resulted unprecedented investment in the shipping industry.The country is a significant agricultural producer within the EU. Greece is a large economy in the Balkans and is a regional investor. Greece was the 2nd largest foreign investor of capital in Albania, the 3rd in Bulgaria, in the top-three in Romania and Serbia and the most important trading partner and largest foreign investor in the former Yugoslav Republic of Macedonia. The Greek telecommunications company OTE has become a strong investor in former Yugoslavia and other Balkan countries.Greece is classified as an advanced, high-income economy, and was a founding member of the Organisation for Economic Co-operation and Development (OECD) and the Organization of the Black Sea Economic Cooperation (BSEC). The country joined what is now the European Union in 1981. In 2001 Greece adopted the euro as its currency, replacing the Greek drachma at an exchange rate of 340.75 drachmae per euro. Greece is a member of the International Monetary Fund and the World Trade Organization, and was ranked 34th on the Ernst & Young’s Globalization Index 2011.The country's economy was devastated by World War II, and the high levels of economic growth that followed from 1950 to 1980 have been called the Greek economic miracle. Since 2000, Greece saw high levels of GDP growth above the Eurozone average, peaking at 5.9% in 2003 and 5.5% in 2006. The subsequent Great Recession and Greek government-debt crisis, a central focus of the wider European debt crisis, plunged the economy into a sharp downturn, with real GDP growth rates of −3.1% in 2009, −4.9% in 2010, −7.1% in 2011, −7.0% in 2012 and −3.9% in 2013. In 2011, the country's public debt reached €355 billion (170% of nominal GDP). After negotiating the biggest debt restructuring in history with the private sector, Greece reduced its sovereign debt burden to €280 billion (137% of GDP) in the first quarter of 2012. After 6 years of economic decline, Greece achieved a real GDP growth rate of 0.7% in 2014.".
• Economy_of_Greece thumbnail Greece_economy_collage.png?width=300.
• Economy_of_Greece wikiPageExternalLink 08208.pdf.
• Economy_of_Greece wikiPageExternalLink Summary.
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• Economy_of_Greece wikiPageWikiLink Aegean_Airlines.
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• Economy_of_Greece wikiPageWikiLink Bureaucracy.
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• Economy_of_Greece wikiPageWikiLink Category:Economy_of_Greece.
• Economy_of_Greece wikiPageWikiLink Category:European_Union_member_economies.
• Economy_of_Greece wikiPageWikiLink Category:Financial_crises.
• Economy_of_Greece wikiPageWikiLink Category:Organisation_for_Economic_Co-operation_and_Development_member_economies.
• Economy_of_Greece wikiPageWikiLink Category:Stock_market_crashes.
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• Economy_of_Greece wikiPageWikiLink Ceres_Hellenic_Shipping_Enterprises.
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• Economy_of_Greece wikiPageWikiLink Coca-Cola_Hellenic.
• Economy_of_Greece wikiPageWikiLink Coca_Cola_Hellenic.
• Economy_of_Greece wikiPageWikiLink Common_Agricultural_Policy.
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• Economy_of_Greece wikiPageWikiLink Condé_Nast_Traveller.
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• Economy_of_Greece wikiPageWikiLink Corruption.
• Economy_of_Greece wikiPageWikiLink Corruption_Perceptions_Index.
• Economy_of_Greece wikiPageWikiLink Cosmote.
• Economy_of_Greece wikiPageWikiLink Cosmote_Romania.
• Economy_of_Greece wikiPageWikiLink Cotton.
• Economy_of_Greece wikiPageWikiLink Cream.
• Economy_of_Greece wikiPageWikiLink Crete.
• Economy_of_Greece wikiPageWikiLink Cyprus.

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