Arrivals and overnight stays in hotels, camping sites, and rental rooms recorded an uptick of 3.6% and 2.7%, respectively, in January 2025, according to provisional data released by Greece’s statistical authority (ELSTAT). According to data from the relevant survey, tourist arrivals at accommodations in January 2025 reached 742,865, while overnight stays totaled 1,656,673. This represents […]
Official data from Greece’s statistical authority, ELSTAT reaffirms a surge in foreign buyers’ interest in newly built, energy-efficient holiday homes and properties, as construction activity in the housing market saw a sharp rise in 2024. In recent years, there has been a notable shift among residential property developers toward the holiday home market in Crete. […]
The Greek trade deficit amounted to €2.8 billion in January, according to data from the Hellenic Statistical Authority (ELSTAT). Specifically, the total value of imports for January 2025 amounted to €6,906.4 million (€7,129.6 million) compared to €6,598.0 million (€7,173.3 million) in the same month of 2024, marking a 4.7% increase in euro terms. According to […]
The data shows significant price increases in certain sectors, with hotels seeing a rise of 17.5%, air travel prices going up by 10.8%, rent rising by 9.9%, and health insurance premiums climbing by 7%.
The largest share of the workforce was made up of professionals (22.8%) and service and sales workers (22.3%).
The Greek economy grew by 2.3% in 2024, according to initial estimates from the Hellenic Statistical Authority (ELSTAT), with Q4 GDP running at 2.6%. According to the available seasonally adjusted data, Greece’s Gross Domestic Product (GDP) in volume terms increased by 0.9% in the fourth quarter of 2024 compared to the third quarter of the […]
According to the report, business registrations across all economic sectors for the year 2024 reached 132,507, marking an 18.3% increase compared to 112,002 in 2023.
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.
Food inflation in Greece remained nearly stagnant at just 0.1%, while the highest price increases were recorded in passenger air transport (31.6%), natural gas (26.5%), hotels-motels-inns (16.8%) and residential rents (9.2%).
A total of 40,351 marriages took place in Greece in 2023, comprising 21,402 religious ceremonies and 18,949 civil marriages.
Conversely, numbers indicate that exports declined, totaling to 49.90 billion euros in 2024, down from 51.02 billion euros in 2023 marking a 2.2% decrease.
In January, services recorded the highest annual inflation rate in the eurozone at 3.9%, slightly down from 4.0% in December, according to Eurostat's latest data.
Retail turnover in Greece recorded an upward trajectory in November, according to data released by the Hellenic Statistical Authority (ELSTAT). This trend reflects the positive impact of November’s Black Friday sales on the sector. Specifically, the General Retail Turnover Index increased by 2% in November 2024 compared to the same month in 2023. Additionally, compared […]
At a European level, according to unemployment data released by Eurostat Greece remains the country with the second-highest unemployment in the EU.
There was a significant decrease in the annual consumption of heating oil, which fell by 32.9%, and high-sulfur fuel oil, which dropped by 13.6%.
A total of 2,602 building permits were granted, reflecting an increase of 5.2% in the number of permits, a 31.2% rise in surface area, and a substantial 46.7% surge in volume compared to the same month in 2023.
It was slightly down from €371.483bln in Q3 2023, according to the quarterly non-financial accounts of the General Government
In Dec. of 2024, 14,815 vehicles (new and imported used) were registered for the first time, marking a 4.9% decline.
Overall inflation stood at 2.6% in December and averaged 2.7% for the entirety of 2024.
Energy prices in Greece also rose by 0.7% in Dec., compared to a 0.1% increase in the Eurozone.