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Greece Output Gap, Percent of Potential GDP Statistics

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: Output Gap, Percent of Potential GDP › See all Greece indicators, › See Output Gap, Percent of Potential GDP 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

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Greece , Year 2010 - In Detail

Output Gap, Percent of Potential GDP for Greece in year 2010 is -0.027 %

This makes Greece No. 2 in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Greece is 0.33 more than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Greece was 4.46 % Output Gap, Percent of Potential GDP for Greece in 2010 was or will be 100.61% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Greece was or will be -2.81 %, which is 10.00% more than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Greece, in other Years
Year %
  2016 n/a
  2015 n/a
  2014 n/a
  2013 n/a
  2012 -2.629
  2011 -2.812
2010 -0.027
  2009 4.461
  2008 7.643
  2007 7.914
  2006 5.241
  2005 2.209
  2004 2.481
  2003 1.058
  2002 -1.551
  2001 -1.595
  2000 -2.274
  1999 -3.218
  1998 -3.266
  1997 -3.414
  1996 -4.011
  1995 -3.629
  1994 -3.213
  1993 -2.88
  1992 0.894
  1991 2.373
  1990 1.472
  1989 2.234
  1988 -0.285
  1987 -3.306
  1986 -0.123
  1985 0.177
  1984 -1.577
  1983 -2.9
  1982 -1.216
  1981 n/a
  1980 n/a