Greece
"Greece is a developed Country with an economy based mainly on services (more that 80%). The Country's natural resources are bauxite, lignite, magnesite, petroleum, marble, and hydropower potential. It exports petroleum oils (not crude), aluminium and articles thereof

Descreptive Data

Unemployment, %16.7
Ages 15-24 Population Ratio, %16.086
Population Over 65, %25.7
Net Migration Rate-80000
EIU Country Risk Score61
Fitch Sovereign RatingBB
S&P Sovereign RatingBB-
Moody's Sovereign RatingBa3
Big Mac Index4.1

Economic Data

2017201820192020
Ability to Pay
Real GDP YOY%2.4%1.5%1.2%-9.6%
GDP Value (BLN USD)197217209197
GDP per Capita (USD)18637203181957018168
Currency Reserves ex Gold (BLN USD)3.12.93
Reserves 1Y Chg (%)15%-5.7%1.1%
Total External Debt (%GDP)182%
Total External Debt (BLN USD)359
Budget Surplus/def (%GDP)0.8%1%1.5%
Inflation (Risk)
CPI (yoy %)1.1%0.8%0.5%-1.3%
Trade Balance
Current Account (% of GDP)-2.8%-1.5%
Exports (BLN USD)566667
Imports (BLN USD)576463
Unemployment Rate
Unemployment (%)21%19%17%17%

Financial Data

2017201820192020
Equity & Banking Sector (Risk)
1Y Price Change (%) (ASE Index)25%-24%49%-12%
EIU Banking Risk61
Credit Market (Risk)
10Y Bond Spread (10Y UST)4.14.31.40.6
5Y CDS
Foreign Exchange (Risk)
3 Month Deposit (%)-0.4%-0.3%-0.4%-0.5%
FX Vol - 3M Implied Vol7.37.35.16.6
Historical 3M Volatility5.974.46.3
Real Effective Exchange Rate102104103107
Real Rates (%)-1.5%-1.1%-0.9%0.7%

Political Risk

2017201820192020
Political Risk Exposure
EIU Political Risk58
Risk From Doing Business
Ease of Doing Business Rank61677279
Starting a Business Rank56374411
Risk From Government
WGI Control Of Corruption-0.1-0.07-0.01
WGI Govt Effectiveness0.30.30.4
WGI Regulatory Quality0.20.40.5
WGI Rule Of Law0.080.20.2
Deviation of Greece's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk