Greece Economy and Business

Greece economy and business is based on a capitalist economic structure. Greece economy is dominated by public sector spending and Greece tourism.

Greece business is centered around tourism, mining, petroleum, chemicals, food processing, textiles, metal products, tobacco processing. Greece real growth rate has been estimated at 4.2% in the year 2006.

Greece Economy
Greece economy is measurable by certain parameters:

The Gross Domestic Product or the GDP, which is the purchasing power parity, as per 2006 estimates is US $ 256.3 billion Real GDP growth rate in 2006 was estimated at 4.2%

• The GDP as per official exchange rates is US $ 223.8 billion
• The per capita GDP as per estimates in 2006 is US $24,000
• Greece has a total labor force of approximately 4.9 million of which 68% is employed in the services sector, 20% in the industrial
• Greece tourism accounts for 15% of Greek GDP
• Total revenues amounted to US $ 99.16 billion; total expenditures was US $ 106.7 billion as per 2006 estimates
• Greece currency is the Euro which replaced the traditional Greek currency Drachmas in 2002.