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New Data: Greece Subnational - Summary
Thursday, 26 Jul 2012 10:36 ET
By Shubhra Kumar
Summary
June 2012 -- Moody's Analytics announces a variety of subnational data for Greece; at the NUTS 1, 2 and 3 geo levels; from the Hellenic Statistical Authority.
Detail

As of June 2012, Moody's Analytics Data Buffet offers an expanded national database, sourced from the Hellenic Statistical Authority (ELSTAT). It is part of two products, the Moody's Analytics Global Database and Europe Database. Please contact your sales representative for details.

Our initial economic sector coverage includes demographics, employment, GDP, national accounts wages, and residential real estate. Coverage by time and space varies, but certain data are available as often as quarterly, with geographic granularity to the level of prefectures (now regional units).  Table 1 summarizes the new coverage, and table 2 introduces the geographic structure. For full detail, please browse the catalog, see the catalog links in the list of releases at the end of this article, or read Mnemonic 411.

The Hellenic Republic (Elliniki Dhimokratia) is a member of the European Union (1981) and the euro zone (2002); its previous native currency was the drachma (ISO 4217 GRD). It uses the Eurostat ESA95 standard for national accounts. Its economic activities classification is STAKOD, a localization of NACE Rev. 2 (previous versions were STAKOD-80, STAKOD-91, and STAKOD-03 or -2003, derived from ISIC Rev. 2, Rev. 3 (NACE Rev. 1), and Rev. 3.1 (NACE Rev. 1.1), respectively). For geographies, its latest (2011) change to administrative regions has broken sync with NUTS 2010. The official language is Greek and the time zone is UTC+2. The Data Buffet geo code is .IGRC.

Table 1. Summary of economic indicators with subnational availability (with national availability shown for completeness). Series frequencies are annual or quarterly (A, Q). Geographic levels are described in Table 2.

Indicator Class Geo Level(s) Frequency(ies) Source
  NL PF RG RU A Q  
  1 4 13 72      
Demographics              
Population  NL PF RG RU AAA   ELSTAT
Labor and Wages              
Labor force survey NL PF RG     QQQ ELSTAT
Employment NL   RG RU AAA   ELSTAT
Unemployment rate   PF   RU AAA   ELSTAT
National Account              
Gross domestic product (GDP)   PF RG RU AAA   ELSTAT
Wages (branch account)   PF RG   AAA   ELSTAT
Real Estate            
Housing Completions   PF RG RU AAA   ELSTAT

Table 2. Geographic levels in our subnational data. The geography code patterns will help you create wild card basket retrievals; for example, to fetch total population for all five NUTS 2 areas, use VSQPOPUA.IGRC_^^. (There is one single-character basket wild card, the caret, but table shows "a" to denote use of letters in the geo codes use letters, not digits.)

Please note that, as of 2011, Greece has reorganized its administrative divisions used for subnational statistical reporting (see related article), and they are no longer in sync with the NUTS 2010 standard.  At this time, most of the subnational datasets still use the old system. 

Abbrev. Geo type name Count Geo code pattern Example
NL Nation (NUTS 0) 1 / 1 IGRC    
PF Periphery (NUTS 1) / Decentralized administration 4 / 7 IGRC_aaaa IGRC_KEAK Kea Kythnos
RG Region (NUTS 2) 13 / 13 IGRC_aa IGRC_PE Peloponnisos
RU Prefecture (NUTS 3) / Regional unit 65 / 74 IGRC_aaa IGRC_GRA Greater Athens

Table 3. References. Web sites presenting useful overviews and supplemental detail about Greece (a.k.a. Ellas, Hellas, Ellada, Hellada).

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