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Greek tourism, shipping and agriculture, important sectors of the Greek economy

Greece has an advanced, high-income economy. It is the 50th-largest in the world, with an annual nominal gross domestic product (GDP) of $267.3 billion. In terms of purchasing power parity (PPP), Greece is the world's 54th-largest economy, at $467.590 billion in annual output. It is the 16th-largest economy in the European Union and eleventh largest in the eurozone. According to the International Monetary Fund's figures for 2025, Greece's GDP per capita is $25,756 at nominal value and $45,048 at purchasing power parity. Greece is a welfare state and ranks relatively highly among OECD nations in terms of social spending, which stood at 23.7% of GDP in 2024.

It is a developed country, with an economy based on the service (80%) and industrial sectors (16%), and the agricultural sector contributing an estimated 4% of national economic output in 2017. Important Greek industries include tourism and shipping. With 31.3 million international tourists in 2019, Greece was the 7th-most-visited country in the European Union and 13th in the world, marking a steady increase from 18 million tourists in 2013. The Greek Merchant Navy is the largest in the world, with Greek-owned vessels accounting for 21% of global deadweight tonnage as of 2021; the total capacity of the Greek-owned fleet has increased by 45.8% compared to 2014. The increased demand for international maritime transportation between Greece and Asia has resulted in unprecedented investment in the shipping industry. (Full article...)

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