27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Greece › Change country
Economic Indicator: General government total expenditure (National Currency) › See all Greece indicators, › See General government total expenditure (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. Source: Ministry of Finance Latest actual data: 2010. These data are still provisional. Fiscal assumptions: Macroeconomic and fiscal projections for 2011 and the medium term are consistent with the policies agreed to between IMF staff and the authorities in the context of the Stand-By Arrangement. Fiscal projections assume a strong front-loaded fiscal adjustment, which already started in 2010, but will be followed through with further measures in 2011?13. Growth is expected to bottom out in late 2010 and gradually rebound after that, coming into positive territory in 2012. The data include fiscal data revisions for 2006-2009. These revisions rectify a number of shortfalls with earlier statistics. First, government controlled enterprises where sales cover less than 50 percent of production

General government total expenditure (National Currency) for Greece is EUR 114.645 Billions.

In the previous year, 2009, General government total expenditure (National Currency) for Greece was EUR 124.94 Billions General government total expenditure (National Currency) for Greece in 2010 was or will be 8.24% less than it was or will be in 2009.

In the following or forecasted year, 2011, General government total expenditure (National Currency) for Greece was or will be EUR 113.24 Billions, which is 1.23% more than the 2010 figure.