Greece - Imports of Goods and Services





Greece: Imports of Goods and Services

Mnemonic IM.IGRC
Unit Mil. EUR, SA
Adjustments Seasonally Adjusted
Quarterly 4.15 %
Data 2019 Q4 17,004
2019 Q3 17,739

Series Information

Source Hellenic Statistical Authority (ELSTAT)
Release Gross Domestic Product
Frequency Quarterly
Start Date 3/31/1995
End Date 12/31/2019

Greece: Trade

Reference Last Previous Units Frequency
Balance of Goods Jan 2020 -1,997 -1,628 Mil. EUR, NSA Monthly
Current Account Balance Jan 2020 -1,291 -540.3 Mil. EUR, NSA Monthly
Exports of Goods Jan 2020 2,718 2,751 Mil. EUR, NSA Monthly
Imports of Goods Jan 2020 4,715 4,380 Mil. EUR, NSA Monthly
Exports of Goods and Services 2019 Q4 17,110 17,851 Mil. EUR, SA Quarterly
Imports of Goods and Services 2019 Q4 17,004 17,739 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2019 Q4 17,040 17,663 Mil. Ch. 2010 EUR, SA Quarterly
Real Imports of Goods and Services 2019 Q4 16,583 17,453 Mil. Ch. 2010 EUR, SA Quarterly

Release Information

In accordance with the International Monetary Fund's website: Data are disseminated in millions of Euro on GDP at current prices and chain-linked volume measures for the expenditure and production approach. Only data at current prices are produced for the income approach.

The following GDP breakdowns are disseminated:

  1. Production: nominal and real results for GVA according to A64 classification.
  2. Expenditure: nominal and real results for all expenditure components.
  3. Income: nominal results for compensation of employees by industry (A64), gos, taxes and subsidies.

Analytical Framework

The data is reported along the framework of the European System of Accounts (ESA) and the classification follows the most recent revision of NACE.  

Data Scope

The quarterly national accounts compile the GDP using a combination of production, expenditure and income approach.  It covers all transactions within the ESA framework and covers the entire economy of Greece.

Data Sources

Production approach is a short-term survey used to compile output estimates.  This includes indicators like industrial production index and turnover statistics for service industries, for example, wholesale and retail trade and food and accomodation services, transport and other services.  

Expenditure approch or Housdolds' final consuption expenditure is compiled using short-term retail trade statistics and commodity flow methods.  Examples include:

  • CPI - used for deflation
  • General Government consumption expenditure
  • Gross fixe capital formation (GFCF) - estimates for dwellings and other private buildings 
  • Exports of Goods and services - External trade statistics of EL>STAT and uses consuption of goods and BOP data.
Compilation
Uses the general estimation method to compile quarterly accounts which are similar to the annual accounts.  
 

The data are provisional when first released, and this status is indicated in the press release. The data are revised twice each year during the first and third quarter. The data become final when they are adjusted to the final annual accounts two years after their first release.

Any differences are on account of using new data, not available at the time of the flash estimate. These data are either monthly data (i.e. Balance of Payments) or quarterly data (i.e. turnover indices for the service industries, and labour force survey data).

More information can be found: http://www.statistics.gr/en/policies 

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