Greek businesses register soaring turnover in 2022 to 461.2 billion euros

Business turnover up 35.5% in 2022 - Up 24% in Q4

Greek businesses register soaring turnover in 2022 to 461.2 billion euros

The Hellenic Statistical Authority (ELSTAT) announced data on the evolution of turnover of enterprises in all sectors of the economy, incorporating the most recent data on turnover from Administrative Sources for December and 4th Quarter 2022. Business turnover moved unabated throughout 2022, surpassing by 136.429 billion euros the corresponding turnover of 2019.

More specifically,

Concerning the enterprises and the activities of the economy as a whole, the turnover in 2022 amounted to 461,242,602 thousand euro, recording an increase of 35.5% in comparison with 2021, when the respective turnover was 340,283,110 thousand euro. The biggest increase in turnover per 51.8% in 2022 compared with 2021 was recorded from the enterprises of the section Accommodation and Food Service Activities, while the smallest increase in turnover per 2.2% was recorded from the enterprises of the section Human Health and Social Work Activities.

Concerning the enterprises and the activities of the economy as a whole, the turnover in the fourth quarter 2022 amounted to 125,212,894 thousand euro, recording an increase of 24.0% in comparison with the fourth quarter 2021, when the respective turnover was 100,967,883 thousand euro. The biggest increase in turnover in the fourth quarter 2022 compared with the fourth quarter 2021 was recorded from the enterprises of the section Education, per 35.1%, while the smallest increase was recorded from the enterprises of the section Water Supply, Sewerage, Waste Management and Remediation Activities, per 4.0% .

For the enterprises of the economy as a whole, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in December 2022 amounted to 40,079,122 thousand euro, recording an increase of 30.2% in comparison with December 2021, when the respective turnover was 30,779,587 thousand euro. The biggest increase in turnover in December 2022 compared with December 2021 was recorded from the enterprises of the section Construction, per 33.5%, and the smallest increase was recorded from the enterprises of the section Water Supply, Sewerage, Waste Management and Remediation Activities per 2.1%, while a decrease in turnover was recorded from the enterprises of the section Mining and Quarrying, per 16.3%.

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