Greek GDP per capita returns to 2003's level

Wednesday, 19 October 2016 18:04
UPD:18:10
EUROKINISSI/Stelios misinas

According to figures by the Greek statistical service, EL.STAT, per capita GDP in 2015 reached 16,181 euros, down from 16.336 euros in 2014 and below the high of 21,845 euros in 2008. The latter was the highest ever recorded in Greece.

Greece’s per capital GDP fell below the 2003 level last year, continuing a slide that began in 2009 and intensified with the austerity measures implemented in three consecutive bailout memorandum agreements with creditors.

According to figures by the Greek statistical service, EL.STAT, per capita GDP in 2015 reached 16,181 euros, down from 16.336 euros in 2014 and below the high of 21,845 euros in 2008. The latter was the highest ever recorded in Greece.

The decrease from 2008 is 26 percent, and 0.8-percent lower, yoy, from 2014.

GDP per capita in the now far-off, economically speaking, 2003 was 16,371 euros, according to EL.STAT.

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