The economy of Greece is the 54th largest in the world, with a nominal gross domestic product (GDP) of $250.276 billion per annum. In terms of purchasing power parity, Greece is the world's 55th largest economy, at $430.125 billion per annum. As of 2023, Greece is the sixteenth largest economy in the European Union and eleventh largest in the eurozone. According to the International Monetary Fund's figures for 2024, Greece's GDP per capita is $23,966 at nominal value and $41,188 at purchasing power parity.
Export of raisin from the port of Patras, late 19th century
A vineyard in Naoussa, central Macedonia
Sacks with Fava Santorinis
Traditional collecting of mastic (plant resin) in Chios
Economy of the European Union
The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the second largest economy in the world in nominal terms, after the United States, and the third largest at purchasing power parity (PPP), after China and the US. The European Union's GDP is estimated to be $19.35 trillion (nominal) in 2024 or $26.64 trillion (PPP), representing around one-sixth of the global economy. Germany has the biggest national GDP of all EU countries, followed by France and Italy.
Paris
Wind power stations in Cerová, Slovakia
Unemployment rates in selected European countries and in the EU28 between 01/2004 and 04/2014
The European Union–Mercosur Free Trade Agreement would form one of the world's largest free trade areas.
