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%.
Latest News
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
Airbnb: New Measures Add €600 in Extra Costs for Property Owners
Property managers face an immediate administrative fine of 5,000 euros if access to the inspected property is denied or any of the specified requirements are not met.
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.