GDP growth is projected at 3.5% for
1998, inflation at 4%, and unemployment at 8.5%

GDP: purchasing power parity-$137.4 billion (1997 est.)

GDP-real growth rate: 3.7% (1997 est.)

GDP-per capita: purchasing power parity-$13,000 (1997 est.)

GDP-composition by sector:
agriculture: 11%
industry: 25%
services: 64% (1994)

Inflation rate-consumer price index: 6% (1997 est.)

Labor force:
total: 4.21 million
by occupation: services 52%, agriculture 23%, industry 25% (1995)

Unemployment rate: 10% (1997 est.)

Budget:
revenues: $37 billion (excluding privatization receipts)
expenditures: $45 billion, including capital expenditures of $NA (1998
est.)

Industries: tourism; food and tobacco processing, textiles; chemicals,
metal products; mining, petroleum

Industrial production growth rate: 0.5% (1997 est.)

Electricity-capacity: 8.606 million kW (1995)

Electricity-production: 38.814 billion kWh (1995)

Electricity-consumption per capita: 3,720 kWh (1995)

Agriculture-products: wheat, corn, barley, sugar beets, olives,
tomatoes, wine, tobacco, potatoes; meat, dairy products

Exports:
total value: $9.8 billion (f.o.b., 1997 est.)
commodities: manufactured goods 53%, foodstuffs 34%, fuels 5% (1994)
partners: EU 60% (Germany 22%, Italy 14%, France 6%, UK 6%), US 3%
(1995)

Imports:
total value: $27 billion (c.i.f., 1997 est.)
commodities: manufactured goods 72%, foodstuffs 15%, fuels 10% (1994)
partners: EU 70% (Italy 18%, Germany 16%, France 8%, UK 6%) US 4%
(1995)

Debt-external: $33 billion (1997 est.)

Economic aid:
recipient: EU, $5.4 billion (1997 est.)

Currency: 1 drachma (Dr) = 100 lepta

Exchange rates: drachmae (Dr) per US$1-286.99 (January 1998), 273.06
(1997), 240.71 (1996), 231.66 (1995), 242.60 (1994), 229.26 (1993)

Fiscal year: calendar year

Communications

Telephones: 5,571,293 (1993 est.)

Telephone system: adequate, modern networks reach all areas; microwave
radio relay carries most traffic; extensive open-wire network;
submarine cables to off-shore islands
domestic: microwave radio relay, open wire, and submarine cable
international: tropospheric scatter; 8 submarine cables; satellite
earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), 1
Eutelsat, and 1 Inmarsat (Indian Ocean Region)

Radio broadcast stations: AM 29, FM 17 (repeaters 20), shortwave 0

Radios: NA

Television broadcast stations: 361 (1987 est.)

Televisions: 2.3 million (1993 est.)