2011 Edition
CIA World Factbook 2011 Archive (HTML)
Introduction
Background
Greece achieved independence from the Ottoman Empire in 1829. During the second half of the 19th century and the first half of the 20th century, it gradually added neighboring islands and territories, most with Greek-speaking populations. In World War II, Greece was first invaded by Italy (1940) and subsequently occupied by Germany (1941-44); fighting endured in a protracted civil war between supporters of the king and other anti-Communists and Communist rebels. Following the latter's defeat in 1949, Greece joined NATO in 1952. In 1967, a group of military officers seized power, establishing a military dictatorship that suspended many political liberties and forced the king to flee the country. In 1974, democratic elections and a referendum created a parliamentary republic and abolished the monarchy. In 1981, Greece joined the EC (now the EU); it became the 12th member of the European Economic and Monetary Union in 2001. In 2010, the prospect of a Greek default on its euro-denominated debt created severe strains within the EMU and raised the question of whether a member country might voluntarily leave the common currency or be removed.
Geography
Area
- 131,957 sq km 130,647 sq km 1,310 sq km
- total
- 131,957 sq km
- water
- 1,310 sq km
Area - comparative
slightly smaller than Alabama
Climate
temperate; mild, wet winters; hot, dry summers
Coastline
13,676 km
Elevation extremes
- Mediterranean Sea 0 m Mount Olympus 2,917 m
- highest point
- Mount Olympus 2,917 m
- lowest point
- Mediterranean Sea 0 m
Environment - current issues
air pollution; water pollution
Environment - international agreements
- Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 94, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands Air Pollution-Persistent Organic Pollutants, Air Pollution-Volatile Organic Compounds
- party to
- Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 94, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
- signed, but not ratified
- Air Pollution-Persistent Organic Pollutants, Air Pollution-Volatile Organic Compounds
Freshwater withdrawal (domestic/industrial/agricultural)
- 8.7 cu km/yr (16%/3%/81%) 782 cu m/yr (1997)
- per capita
- 782 cu m/yr (1997)
- total
- 8.7 cu km/yr (16%/3%/81%)
Geographic coordinates
39 00 N, 22 00 E
Geography - note
strategic location dominating the Aegean Sea and southern approach to Turkish Straits; a peninsular country, possessing an archipelago of about 2,000 islands
Irrigated land
15,500 sq km (2008)
Land boundaries
- 1,228 km Albania 282 km, Bulgaria 494 km, Turkey 206 km, Macedonia 246 km
- border countries
- Albania 282 km, Bulgaria 494 km, Turkey 206 km, Macedonia 246 km
- total
- 1,228 km
Land use
- 20.45% 8.59% 70.96% (2005)
- arable land
- 20.45%
- other
- 70.96% (2005)
- permanent crops
- 8.59%
Location
Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Albania and Turkey
Map references
Europe
Maritime claims
- 12 nm 200 m depth or to the depth of exploitation
- continental shelf
- 200 m depth or to the depth of exploitation
- territorial sea
- 12 nm
Natural hazards
- severe earthquakes Santorini (elev. 367 m) has been deemed a "Decade Volcano" by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to its explosive history and close proximity to human populations; although there have been very few eruptions in recent centuries, Methana and Nisyros in the Aegean are classified as historically active
- volcanism
- Santorini (elev. 367 m) has been deemed a "Decade Volcano" by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to its explosive history and close proximity to human populations; although there have been very few eruptions in recent centuries, Methana and Nisyros in the Aegean are classified as historically active
Natural resources
lignite, petroleum, iron ore, bauxite, lead, zinc, nickel, magnesite, marble, salt, hydropower potential
Terrain
mostly mountains with ranges extending into the sea as peninsulas or chains of islands
Total renewable water resources
72 cu km (2005)
People and Society
Age structure
- 14.2% (male 787,143/female 741,356) 66.2% (male 3,555,447/female 3,567,383) 19.6% (male 923,177/female 1,185,630) (2011 est.)
- 0-14 years
- 14.2% (male 787,143/female 741,356)
- 15-64 years
- 66.2% (male 3,555,447/female 3,567,383)
- 65 years and over
- 19.6% (male 923,177/female 1,185,630) (2011 est.)
Birth rate
9.21 births/1,000 population (2011 est.)
Death rate
10.7 deaths/1,000 population (July 2011 est.)
Drinking water source
- urban: 100% of population rural: 99% of population total: 100% of population urban: 0% of population rural: 1% of population total: 0% of population (2008)
- rural
- 1% of population
- total
- 0% of population (2008)
- urban
- 0% of population
Education expenditures
4% of GDP (2005)
Ethnic groups
- population: Greek 93%, other (foreign citizens) 7% (2001 census) percents represent citizenship, since Greece does not collect data on ethnicity
- population
- Greek 93%, other (foreign citizens) 7% (2001 census)
Health expenditures
7.4% of GDP (2009)
HIV/AIDS - adult prevalence rate
0.1% (2009 est.)
HIV/AIDS - deaths
fewer than 500 (2009 est.)
HIV/AIDS - people living with HIV/AIDS
8,800 (2009 est.)
Hospital bed density
4.77 beds/1,000 population (2008)
Infant mortality rate
- 5 deaths/1,000 live births 5.49 deaths/1,000 live births 4.48 deaths/1,000 live births (2011 est.)
- female
- 4.48 deaths/1,000 live births (2011 est.)
- total
- 5 deaths/1,000 live births
Languages
Greek (official) 99%, other (includes English and French) 1%
Life expectancy at birth
- 79.92 years 77.36 years 82.65 years (2011 est.)
- female
- 82.65 years (2011 est.)
- total population
- 79.92 years
Literacy
- age 15 and over can read and write 96% 97.8% 94.2% (2001 census)
- definition
- age 15 and over can read and write
- female
- 94.2% (2001 census)
- male
- 97.8%
- total population
- 96%
Major cities - population
ATHENS (capital) 3.252 million; Thessaloniki 834,000 (2009)
Maternal mortality rate
2 deaths/100,000 live births (2008)
Median age
- 42.5 years 41.4 years 43.6 years (2011 est.)
- female
- 43.6 years (2011 est.)
- male
- 41.4 years
- total
- 42.5 years
Nationality
- Greek(s) Greek
- adjective
- Greek
- noun
- Greek(s)
Net migration rate
2.32 migrant(s)/1,000 population (2011 est.)
Obesity - adult prevalence rate
22.5% (2003)
Physicians density
6.043 physicians/1,000 population (2008)
Population
10,760,136 (July 2011 est.)
Population growth rate
0.083% (2011 est.)
Religions
Greek Orthodox (official) 98%, Muslim 1.3%, other 0.7%
Sanitation facility access
- urban: 99% of population rural: 97% of population total: 98% of population urban: 1% of population rural: 3% of population total: 2% of population (2008)
- rural
- 3% of population
- total
- 2% of population (2008)
- urban
- 1% of population
School life expectancy (primary to tertiary education)
- 17 years 16 years 17 years (2007)
- female
- 17 years (2007)
- male
- 16 years
- total
- 17 years
Sex ratio
- 1.064 male(s)/female 1.06 male(s)/female 1 male(s)/female 0.78 male(s)/female 0.96 male(s)/female (2011 est.)
- 15-64 years
- 1 male(s)/female
- 65 years and over
- 0.78 male(s)/female
- at birth
- 1.064 male(s)/female
- total population
- 0.96 male(s)/female (2011 est.)
- under 15 years
- 1.06 male(s)/female
Total fertility rate
1.38 children born/woman (2011 est.)
Unemployment, youth ages 15-24
- 25.8% 19.4% 33.9% (2009)
- female
- 33.9% (2009)
- total
- 25.8%
Urbanization
- 61% of total population (2010) 0.6% annual rate of change (2010-15 est.)
- rate of urbanization
- 0.6% annual rate of change (2010-15 est.)
- urban population
- 61% of total population (2010)
Government
Administrative divisions
13 regions (perifereies, singular - perifereia) and 1 autonomous monastic state* (aftonomi monastiki politeia); Agion Oros* (Mount Athos), Anatoliki Makedonia kai Thraki (East Macedonia and Thrace), Attiki (Attica), Dytiki Ellada (Western Greece), Dytiki Makedonia (Western Macedonia), Ionia Nisia (Ionian Islands), Ipeiros (Epirus), Kentriki Makedonia (Central Macedonia), Kriti (Crete), Notio Aigaio (South Aegean), Peloponnisos (Peloponnese), Sterea Ellada (Central Greece), Thessalia (Thessaly), Voreio Aigaio (North Aegean)
Capital
- Athens 37 59 N, 23 44 E UTC+2 (7 hours ahead of Washington, DC during Standard Time) +1hr, begins last Sunday in March; ends last Sunday in October
- daylight saving time
- +1hr, begins last Sunday in March; ends last Sunday in October
- geographic coordinates
- 37 59 N, 23 44 E
- name
- Athens
- time difference
- UTC+2 (7 hours ahead of Washington, DC during Standard Time)
Constitution
11 June 1975; amended March 1986 and April 2001
Country name
- Hellenic Republic Greece Elliniki Dhimokratia Ellas or Ellada Kingdom of Greece
- conventional long form
- Hellenic Republic
- conventional short form
- Greece
- former
- Kingdom of Greece
- local long form
- Elliniki Dhimokratia
- local short form
- Ellas or Ellada
Diplomatic representation from the US
- Ambassador Daniel Bennett SMITH 91 Vasilisis Sophias Avenue, 10160 Athens PSC 108, APO AE 09842-0108 [30] (210) 721-2951 [30] (210) 645-6282 Thessaloniki
- chief of mission
- Ambassador Daniel Bennett SMITH
- consulate(s) general
- Thessaloniki
- embassy
- 91 Vasilisis Sophias Avenue, 10160 Athens
- FAX
- [30] (210) 645-6282
- mailing address
- PSC 108, APO AE 09842-0108
- telephone
- [30] (210) 721-2951
Diplomatic representation in the US
- Ambassador Vassilis KASKARELIS 2217 Massachusetts Avenue NW, Washington, DC 20008 [1] (202) 939-1300 [1] (202) 939-1324 Boston, Chicago, Los Angeles, New York, San Francisco, Tampa Atlanta, Houston, New Orleans
- chancery
- 2217 Massachusetts Avenue NW, Washington, DC 20008
- chief of mission
- Ambassador Vassilis KASKARELIS
- consulate(s)
- Atlanta, Houston, New Orleans
- consulate(s) general
- Boston, Chicago, Los Angeles, New York, San Francisco, Tampa
- FAX
- [1] (202) 939-1324
- telephone
- [1] (202) 939-1300
Executive branch
- President Karolos PAPOULIAS (since 12 March 2005) Interim Prime Minister Lukas PAPADEMOS(since 10 November 2011) Cabinet appointed by the president on the recommendation of the prime minister president elected by parliament for a five-year term (eligible for a second term); election last held on 3 February 2010 (next to be held by February 2015); president appoints leader of the party securing plurality of vote in election to become prime minister and form a government Karolos PAPOULIAS reelected president; number of parliamentary votes, 266 out of 300
- cabinet
- Cabinet appointed by the president on the recommendation of the prime minister
- chief of state
- President Karolos PAPOULIAS (since 12 March 2005)
- election results
- Karolos PAPOULIAS reelected president; number of parliamentary votes, 266 out of 300
- elections
- president elected by parliament for a five-year term (eligible for a second term); election last held on 3 February 2010 (next to be held by February 2015); president appoints leader of the party securing plurality of vote in election to become prime minister and form a government
- head of government
- Interim Prime Minister Lukas PAPADEMOS(since 10 November 2011)
Flag description
nine equal horizontal stripes of blue alternating with white; a blue square bearing a white cross appears in the upper hoist-side corner; the cross symbolizes Greek Orthodoxy, the established religion of the country; there is no agreed upon meaning for the nine stripes or for the colors; the exact shade of blue has never been set by law and has varied from a light to a dark blue over time
Government type
parliamentary republic
Independence
1829 (from the Ottoman Empire)
International law organization participation
accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction
International organization participation
Australia Group, BIS, BSEC, CE, CERN, EAPC, EBRD, ECB, EIB, EMU, ESA, EU, FAO, FATF, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IGAD (partners), IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NATO, NEA, NSG, OAS (observer), OECD, OIF, OPCW, OSCE, PCA, Schengen Convention, SECI, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMIS, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, ZC
Judicial branch
Supreme Civil and Criminal Court; all judges are appointed for life by the president after consultation with a judicial council; Supreme Administrative Court and Court of Auditors; Courts of Appeal; Courts of First Instance
Legal system
civil legal system based on Roman law
Legislative branch
- unicameral Parliament or Vouli ton Ellinon (300 seats; members elected by direct popular vote to serve four-year terms) last held on 4 October 2009 (next to be held by 2013) percent of vote by party - PASOK 43.9%, ND 33.5%, KKE 7.5%, LAOS 5.6%, SYRIZA 4.6%, other 4.9%; seats by party - PASOK 160, ND 91, KKE 21, LAOS 15, SYRIZA 13; note - seats by party as of 15 December 2010 - PASOK 156, ND 86, KKE 21 LAOS 15, SYRIZA 9, DISY 5, Democratic Left 4, independents 4 (DISY and Democratic Left entered parliament as members of ND and SYRIZA, respectively, and the independents entered parliament as members of PASOK); only parties surpassing a 3% threshold are entitled to parliamentary seats; parties need 10 seats to become formal parliamentary groups, but can retain that status if the party participated in the last election and received the minimum 3% threshold
- election results
- percent of vote by party - PASOK 43.9%, ND 33.5%, KKE 7.5%, LAOS 5.6%, SYRIZA 4.6%, other 4.9%; seats by party - PASOK 160, ND 91, KKE 21, LAOS 15, SYRIZA 13; note - seats by party as of 15 December 2010 - PASOK 156, ND 86, KKE 21 LAOS 15, SYRIZA 9, DISY 5, Democratic Left 4, independents 4 (DISY and Democratic Left entered parliament as members of ND and SYRIZA, respectively, and the independents entered parliament as members of PASOK); only parties surpassing a 3% threshold are entitled to parliamentary seats; parties need 10 seats to become formal parliamentary groups, but can retain that status if the party participated in the last election and received the minimum 3% threshold
- elections
- last held on 4 October 2009 (next to be held by 2013)
National anthem
- "Ymnos eis tin Eleftherian" (Hymn to Liberty) Dionysios SOLOMOS/Nikolaos MANTZAROS adopted 1864; the anthem is based on a 158 verse poem by the same name, which was inspired by the Greek Revolution of 1821 against the Ottomans; Cyprus also uses "Hymn to Liberty" as its anthem
- lyrics/music
- Dionysios SOLOMOS/Nikolaos MANTZAROS
- name
- "Ymnos eis tin Eleftherian" (Hymn to Liberty)
National holiday
Independence Day, 25 March (1821)
National symbol(s)
Greek cross (white cross on blue field; arms equal length)
Political parties and leaders
Anticapitalist Left Cooperation for the Overthrow or ANTARSYA [Petros KONSTANTINOU]; Coalition of the Radical Left or SYRIZA [Alexis TSIPRAS]; Communist Party of Greece or KKE [Aleka PAPARIGA]; Democratic Left [Fotis KOUVELIS]; Democratic Alliance or DISY [Theodora BAKOGIANNI]; Ecologist Greens [Nikos CHRYSOGELOS]; Golden Dawn [Nikolaos MICHALOLIAKOS]; New Democracy or ND [Antonis SAMARAS]; Panhellenic Socialist Movement or PASOK [Georgios PAPANDREOU]; Popular Orthodox Rally or LAOS [Georgios KARATZAFERIS]
Political pressure groups and leaders
Civil Servants Confederation or ADEDY [Spyros PAPASPYROS]; Federation of Greek Industries or SEV [Dimitris DASKALOPOULOS]; General Confederation of Greek Workers or GSEE [Ioannis PANAGOPOULOS]
Suffrage
18 years of age; universal and compulsory
Economy
Agriculture - products
wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products
Budget
- $119.6 billion $151.5 billion (2010 est.)
- expenditures
- $151.5 billion (2010 est.)
- revenues
- $119.6 billion
Budget surplus (+) or deficit (-)
-10.4% of GDP (2010 est.)
Central bank discount rate
1.75% (31 December 2010) 1.75% (31 December 2009) this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Commercial bank prime lending rate
5.984% (31 December 2010 est.) 6.055% (31 December 2009 est.)
Current account balance
-$19.89 billion (2010 est.) -$35.97 billion (2009 est.)
Debt - external
$583.3 billion (30 June 2011) $532.9 billion (30 June 2010)
Distribution of family income - Gini index
33 (2005) 35.4 (1998)
Economy - overview
Greece has a capitalist economy with the public sector accounting for about 40% of GDP and with per capita GDP about two-thirds that of the leading euro-zone economies. Tourism provides 15% of GDP. Immigrants make up nearly one-fifth of the work force, mainly in agricultural and unskilled jobs. Greece is a major beneficiary of EU aid, equal to about 3.3% of annual GDP. The Greek economy grew by nearly 4.0% per year between 2003 and 2007, due partly to infrastructural spending related to the 2004 Athens Olympic Games, and in part to an increased availability of credit, which has sustained record levels of consumer spending. But the economy went into recession in 2009 as a result of the world financial crisis, tightening credit conditions, and Athens' failure to address a growing budget deficit, which was triggered by falling state revenues, and increased government expenditures. The economy contracted by 2% in 2009, and 4.8% in 2010. Greece violated the EU's Growth and Stability Pact budget deficit criterion of no more than 3% of GDP from 2001 to 2006, but finally met that criterion in 2007-08, before exceeding it again in 2009, with the deficit reaching 15.4% of GDP. Austerity measures reduced the deficit to 10.5% of GDP in 2010. Public debt, inflation, and unemployment are above the euro-zone average while per capita income is below; unemployment rose to 12% in 2010. Eroding public finances, a credibility gap stemming from inaccurate and misreported statistics, and consistent underperformance on following through with reforms prompted major credit rating agencies in late 2009 to downgrade Greece's international debt rating, and has led the country into a financial crisis. Under intense pressure by the EU and international market participants, the government has adopted a medium-term austerity program that includes cutting government spending, reducing the size of the public sector, decreasing tax evasion, reforming the health care and pension systems, and improving competitiveness through structural reforms to the labor and product markets. Athens, however, faces long-term challenges to push through unpopular reforms in the face of often vocal opposition from the country's powerful labor unions and the general public. Greek labor unions are striking over new austerity measures, but the strikes so far have had a limited impact on the government's will to adopt reforms. An uptick in widespread unrest, however, could challenge the government's ability to implement reforms and meet budget targets, and could also lead to rioting or violence. In April 2010 a leading credit agency assigned Greek debt its lowest possible credit rating; in May, the International Monetary Fund and Eurozone governments provided Greece emergency short- and medium-term loans worth $147 billion so that the country could make debt repayments to creditors. In exchange for the largest bailout ever assembled, the government announced combined spending cuts and tax increases totaling $40 billion over three years, on top of the tough austerity measures already taken. Greece, however, struggled to boost revenues and cut spending to meet 2010 targets set by the EU and the IMF, especially after Eurostat - the EU's statistical office - revised upward Greece's deficit and debt numbers for 2009 and 2010. Greece's lenders are calling on Athens to step up efforts in 2011 to increase tax collection, shore up public enterprises, and rein in health spending, and are planning to give Greece more time to repay its EU-IMF loan. Greece responded by introducing major structural reforms, but investors still question whether Greece can sustain fiscal efforts in the face of a bleak economic outlook and public discontent.
Electricity - consumption
59.53 billion kWh (2008 est.)
Electricity - exports
3.233 billion kWh (2009 est.)
Electricity - imports
4.368 billion kWh (2009 est.)
Electricity - production
51.5 billion kWh (2009 est.)
Exchange rates
euros (EUR) per US dollar - 0.7715 (2010) 0.7179 (2009) 0.6827 (2008) 0.7345 (2007) 0.7964 (2006)
Exports
$22.66 billion (2010 est.) $21.34 billion (2009 est.)
Exports - commodities
food and beverages, manufactured goods, petroleum products, chemicals, textiles
Exports - partners
Germany 10.9%, Italy 10.9%, Cyprus 7.3%, Bulgaria 6.5%, Turkey 5.4%, UK 5.3%, Belgium 5.1%, China 4.8%, Switzerland 4.5%, Poland 4.2% (2010)
GDP - composition by sector
- 3.3% 17.9% 78.8% (2010 est.)
- agriculture
- 3.3%
- industry
- 17.9%
- services
- 78.8% (2010 est.)
GDP - per capita (PPP)
$29,600 (2010 est.) $31,000 (2009 est.) $31,700 (2008 est.) data are in 2010 US dollars
GDP - real growth rate
-4.5% (2010 est.) -2% (2009 est.) 1% (2008 est.)
GDP (official exchange rate)
$305.4 billion (2010 est.)
GDP (purchasing power parity)
$318.1 billion (2010 est.) $333.2 billion (2009 est.) $340.1 billion (2008 est.) data are in 2010 US dollars
Household income or consumption by percentage share
- 2.5% 26% (2000 est.)
- highest 10%
- 26% (2000 est.)
- lowest 10%
- 2.5%
Imports
$60.19 billion (2010 est.) $64.21 billion (2009 est.)
Imports - commodities
machinery, transport equipment, fuels, chemicals
Imports - partners
Germany 10.6%, Italy 9.9%, Russia 9.6%, China 6.1%, Netherlands 5.3%, France 4.9%, Austria 4.5% (2010)
Industrial production growth rate
-5.7% (2010 est.)
Industries
tourism, food and tobacco processing, textiles, chemicals, metal products; mining, petroleum
Inflation rate (consumer prices)
4.7% (2010 est.) 1.2% (2009 est.)
Investment (gross fixed)
14.7% of GDP (2010 est.)
Labor force
5.013 million (2010 est.)
Labor force - by occupation
- 12.4% 22.4% 65.1% (2005 est.)
- agriculture
- 12.4%
- industry
- 22.4%
- services
- 65.1% (2005 est.)
Market value of publicly traded shares
$72.64 billion (31 December 2010) $54.72 billion (31 December 2009) $90.4 billion (31 December 2008)
Natural gas - consumption
3.824 billion cu m (2010 est.)
Natural gas - exports
0 cu m (2010 est.)
Natural gas - imports
3.815 billion cu m (2010 est.)
Natural gas - production
1 million cu m (2010 est.)
Natural gas - proved reserves
991.1 million cu m (1 January 2011 est.)
Oil - consumption
371,300 bbl/day (2010 est.)
Oil - exports
181,600 bbl/day (2009 est.)
Oil - imports
496,600 bbl/day (2009 est.)
Oil - production
7,946 bbl/day (2010 est.)
Oil - proved reserves
10 million bbl (1 January 2011 est.)
Population below poverty line
20% (2009 est.)
Public debt
142.7% of GDP (2010 est.) 127.5% of GDP (2009 est.)
Reserves of foreign exchange and gold
$6.37 billion (31 December 2010 est.) $5.546 billion (31 December 2009 est.)
Stock of broad money
$316.8 billion (31 December 2010 est.) $379 billion (31 December 2009 est.)
Stock of direct foreign investment - abroad
$37.88 billion (31 December 2010 est.) $39.45 billion (31 December 2009 est.)
Stock of direct foreign investment - at home
$33.56 billion (31 December 2010 est.) $42.1 billion (31 December 2009 est.)
Stock of domestic credit
$442.8 billion (31 December 2010 est.) $383.7 billion (31 December 2009 est.)
Stock of narrow money
$151.1 billion (31 December 2010 est.) $177.8 billion (31 December 2009 est.) see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 17 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borders
Taxes and other revenues
39.2% of GDP (2010 est.)
Unemployment rate
12.5% (2010 est.) 9.4% (2009 est.)
Communications
Broadcast media
broadcast media dominated by the private sector; roughly 150 private TV channels, about a dozen of the private channels broadcast at the national or regional level; 3 publicly-owned terrestrial TV channels with national coverage, 1 publicly-owned satellite channel, and 3 stations designed for digital terrestrial transmissions; multi-channel satellite and cable TV services obtainable; upwards of 1,500 radio stations broadcasting, nearly all of them privately-owned; state-run broadcaster has 7 national stations, 2 international stations, and 19 regional stations (2007)
Internet country code
.gr
Internet hosts
2.574 million (2010)
Internet users
4.971 million (2009)
Telephone system
- adequate, modern networks reach all areas; good mobile telephone and international service microwave radio relay trunk system; extensive open-wire connections; submarine cable to offshore islands country code - 30; landing point for the SEA-ME-WE-3 optical telecommunications submarine cable that provides links to Europe, Middle East, and Asia; a number of smaller submarine cables provide connectivity to various parts of Europe, the Middle East, and Cyprus; tropospheric scatter; satellite earth stations - 4 (2 Intelsat - 1 Atlantic Ocean and 1 Indian Ocean, 1 Eutelsat, and 1 Inmarsat - Indian Ocean region)
- domestic
- microwave radio relay trunk system; extensive open-wire connections; submarine cable to offshore islands
- general assessment
- adequate, modern networks reach all areas; good mobile telephone and international service
- international
- country code - 30; landing point for the SEA-ME-WE-3 optical telecommunications submarine cable that provides links to Europe, Middle East, and Asia; a number of smaller submarine cables provide connectivity to various parts of Europe, the Middle East, and Cyprus; tropospheric scatter; satellite earth stations - 4 (2 Intelsat - 1 Atlantic Ocean and 1 Indian Ocean, 1 Eutelsat, and 1 Inmarsat - Indian Ocean region)
Telephones - main lines in use
5.203 million (2010)
Telephones - mobile cellular
12.293 million (2010)
Transportation
Airports
81 (2010)
Airports - with paved runways
- 9 (2010)
- 1,524 to 2,437 m
- 20
- 2,438 to 3,047 m
- 14
- 914 to 1,523 m
- 18
- over 3,047 m
- 6
- total
- 67
- under 914 m
- 9 (2010)
Airports - with unpaved runways
- 12 (2010)
- 914 to 1,523 m
- 2
- total
- 14
- under 914 m
- 12 (2010)
Heliports
9 (2010)
Merchant marine
- bulk carrier 263, cargo 53, carrier 1, chemical tanker 72, container 34, liquefied gas 13, passenger 8, passenger/cargo 116, petroleum tanker 312, roll on/roll off 13, specialized tanker 1 62 (Belgium 16, Bermuda 3, Cyprus 4, Italy 5, UK 27, US 7) 2,391 (Antigua and Barbuda 5, Bahamas 209, Barbados 14, Belize 2, Bermuda 2, Brazil 1, Cambodia 2, Cayman Islands 11, Comoros 3, Cyprus 216, Denmark 1, Dominica 9, Egypt 8, Georgia 3, Germany 1, Gibraltar 7, Honduras 4, Hong Kong 22, Indonesia 1, Isle of Man 57, Italy 8, Jamaica 8, Liberia 454, Malta 458, Marshall Islands 358, Mexico 1, Moldova 4, Panama 402, Philippines 4, Portugal 5, Saint Vincent and the Grenadines 63, Sao Tome and Principe 1, Saudi Arabia 4, Singapore 19, Slovakia 1, Togo 1, UAE 3, UK 1, Uruguay 1, Vanuatu 4, Venezuela 4, unknown 8) (2010)
- foreign-owned
- 62 (Belgium 16, Bermuda 3, Cyprus 4, Italy 5, UK 27, US 7)
- registered in other countries
- 2,391 (Antigua and Barbuda 5, Bahamas 209, Barbados 14, Belize 2, Bermuda 2, Brazil 1, Cambodia 2, Cayman Islands 11, Comoros 3, Cyprus 216, Denmark 1, Dominica 9, Egypt 8, Georgia 3, Germany 1, Gibraltar 7, Honduras 4, Hong Kong 22, Indonesia 1, Isle of Man 57, Italy 8, Jamaica 8, Liberia 454, Malta 458, Marshall Islands 358, Mexico 1, Moldova 4, Panama 402, Philippines 4, Portugal 5, Saint Vincent and the Grenadines 63, Sao Tome and Principe 1, Saudi Arabia 4, Singapore 19, Slovakia 1, Togo 1, UAE 3, UK 1, Uruguay 1, Vanuatu 4, Venezuela 4, unknown 8) (2010)
- total
- 886
Pipelines
gas 1,240 km; oil 75 km (2010)
Ports and terminals
Agioi Theodoroi, Aspropyrgos, Pachi, Piraeus, Thessaloniki
Railways
- 2,548 km 1,565 km 1.435-m gauge (764 km electrified) 961 km 1.000-m gauge; 22 km 0.750-m gauge (2009)
- narrow gauge
- 961 km 1.000-m gauge; 22 km 0.750-m gauge (2009)
- total
- 2,548 km
Roadways
- 116,711 km (includes 948 km of expressways) (2008)
- total
- 116,711 km (includes 948 km of expressways) (2008)
Waterways
6 km (the 6 km long Corinth Canal crosses the Isthmus of Corinth; it shortens a sea voyage by 325 km) (2010)
Military and Security
Manpower available for military service
- 2,485,389 2,469,854 (2010 est.)
- females age 16-49
- 2,469,854 (2010 est.)
- males age 16-49
- 2,485,389
Manpower fit for military service
- 2,032,378 2,016,552 (2010 est.)
- females age 16-49
- 2,016,552 (2010 est.)
- males age 16-49
- 2,032,378
Manpower reaching militarily significant age annually
- 52,754 49,485 (2010 est.)
- female
- 49,485 (2010 est.)
- male
- 52,754
Military branches
Hellenic Army (Ellinikos Stratos, ES), Hellenic Navy (Ellinikos Polemiko Navtiko, EPN), Hellenic Air Force (Elliniki Polemiki Aeroporia, EPA) (2011)
Military expenditures
4.3% of GDP (2005 est.)
Military service age and obligation
19-45 years of age for compulsory military service; during wartime the law allows for recruitment beginning January of the year of inductee's 18th birthday, thus including 17 year olds; 17 years of age for volunteers; conscript service obligation - 1 year for all services; women are eligible for voluntary military service (2008)
Transnational Issues
Disputes - international
Greece and Turkey continue discussions to resolve their complex maritime, air, territorial, and boundary disputes in the Aegean Sea; Cyprus question with Turkey; Greece rejects the use of the name Macedonia or Republic of Macedonia; the mass migration of unemployed Albanians still remains a problem for developed countries, chiefly Greece and Italy
Illicit drugs
a gateway to Europe for traffickers smuggling cannabis and heroin from the Middle East and Southwest Asia to the West and precursor chemicals to the East; some South American cocaine transits or is consumed in Greece; money laundering related to drug trafficking and organized crime