Try our corporate solution for free!
(212) 419-8286

Unemployment rate in Greece 2020

This statistic shows the unemployment rate in Greece from 1999 to 2020. In 2020, the unemployment rate in Greece was around 15.47 percent. Today, Greece reports the highest unemployment rate of all EU states.

Greece's financial situation

Greece is a developed country with a high-income economy, whose primary industry revolves around tourism and shipping. Agriculture also plays an important role for the country’s economy, more specifically for the EU. Greece had experienced large amounts of economic growth from the 1950s to the 1970s, however was economically devastated by the Great Recession in 2009 as well its own government debt crisis. Since the early 2000s, small increases in national debt were present within the Greek economy. These small increases turned into rather substantial surges between 2008 and 2011, which resulted in a large amount of accumulated public debt.

However, financial assistance from several countries around the world as well as stimulus packages from the EU were issued to Greece, with the hopes of structural adjustments in the government and better decision making within the country in order to decrease national debt and increase productivity. The financial assistance helped stabilize Greece’s debt over the past several years, however many countries are arguing just how useful this support is, mostly because Greece has not made significant strides to improve its economy. As a result, consumers have become less optimistic about the possibility of a short term economic recovery in Greece. Additionally, investors have remained hesitant on investing into the country, generally due to an increasing debt-to-GDP ratio, which is ranked atop all countries in the European Union. The so-called debt-to-GDP ratio is an important indicator of a country’s ability to pay back its debts without incurring further debt.

Greece: Unemployment rate from 1999 to 2020

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in

Release date

October 2020



Survey time period

1999 to 2020

Supplementary notes

Figures have been rounded.

All figures are modeled ILO estimates.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Greece"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.